All Forum Posts by: Priya Shekhar
Priya Shekhar has started 10 posts and replied 23 times.
Post: Need Help! Chicago Commercial / Residential Property Management Company

- Posts 24
- Votes 8
I have one that can help you, if you are still looking. Message me and I will send you contact information.
Post: Need Help! Chicago Commercial / Residential Property Management Company

- Posts 24
- Votes 8
Hi, I know this is an old post but if you still will recommend that commercial property management, that would be great as I am in the same boat.
Post: Purchasing from 2 different entities

- Posts 24
- Votes 8
I am in process of purchasing a shopping center with 2 separate buildings in Oklahoma. Each building is owned by a separate LLC. Both LLC have the same members so I am dealing with same group(3) of people. I am using a single PSA for this transaction, however there will be separate deeds and assignment of leases ofc. From tax perspective, can anyone advice how best to structure this transaction or any suggestions on what I need to do.? Thank you!
Post: shopping center with 40 year old gas station

- Posts 24
- Votes 8
I really like a shopping center. A little concerned though about the older gas station tenant. It’s been there for 40 years. There was a phase 2 done in 2017 which was borderline ok. I am worried about liabilities with older gas stations. Can someone share their experience or views please! Should I buy it still?
Also in future sometime, if that tenant leaves, is there any extra work or regulation involved proper measures for shutdown or is it like any other tenant leaving. Any phase 2 required to be done at that time too?
Post: Leasing to gas pumps and maru in

- Posts 24
- Votes 8
Hi all, the shopping center I am planning to purchase has a gas station and a marijuana dispensary as 2 of the 16 tenants. These tenant has been there since 1980 &2009 respectively. Is it complicated to have these type of tenant? Do lenders not prefer it? Does it mean extra obligations on the part of the landlord? Thank you!
Post: Interest rate swap: pros and cons?

- Posts 24
- Votes 8
Hi, I am looking for Financing for a retail shopping center that I am purchasing in Las Vegas. I was considering interest rate swap financing and wanted to know from people who have had experience with such financing. What are the risks? Even conventional loans have pre payment penalties so what else is the risk in going with interest rate swap product that many big banks offer?
Also look forward to connecting with folks who have commercial investments in Vegas.
Post: Any commercial property owner from Tucson, AZ?

- Posts 24
- Votes 8
Quote from @Harish Nandipati:
Post: Any commercial property owner from Tucson, AZ?

- Posts 24
- Votes 8
Hi all, I am looking to purchase a commercial property in Tucson, AZ and would love to connect with someone who has this experience. Thanks a lot!
Post: Is The Sleepy Old Pueblo Finally Waking Up?

- Posts 24
- Votes 8
Quote from @Sandeep Yarlagadda:
Post: Evaluating financials for commercial property

- Posts 24
- Votes 8
Quote from @Barry Ruby:
Send me a DM and I'll send you a CRE workbook and support videos that explain how to use it.