Queenstown, New Zealand
Chard Farm
Black water tower reused to create an interesting winery
While in Queenstown, we went on a tour of wineries. There had been a black water tower on the property. It was taken down, and the sides of it were used to form the front of the bar, which ... Read More
Category: Commercial Real Estate
24
Sep2019
As you can see, there can be a contingency for anything that matters to you, the buyer. Don’t be afraid to request information that you need.
Additional time if the title isn’t free and clear
Seller to provide all surveys in existence and when it is to be completed by
Zoning, time to ... Read More
September 24, 2019Lynn Drake
20
Sep2019
Thunder Bird Lanes Transformed from a bowling alley to this beautiful office in Troy, MI.
September 20, 2019Lynn Drake
17
Sep2019
A letter of intent is a document in which you spell out the terms according to which you would agree to buy a building. I advise that you hire an attorney or have your real estate agent assist you in creating this document, as this will be a binding agreement. ... Read More
September 17, 2019Lynn Drake
03
Sep2019
Sometimes owners won’t provide much information about their tenants, etc. until they know you are serious about the building. Or, they might want you to sign a confidentiality agreement in which you agree not to share any information you learn about the building. This might require you to put out a binding ... Read More
September 3, 2019Lynn Drake
22
Aug2019
Whimsical statue in a front yard. I really love formal gardens like this.
August 22, 2019Lynn Drake
20
Aug2019
Commercial buildings are priced based on 3 criteria:
replacement value with a deduction for depreciation (also called obsolescence), which is usually based on the age of the building the cost per square foot of sales of similar buildings a value of the cash flow and its return, which is called the ... Read More
August 20, 2019Lynn Drake
06
Aug2019
Your commercial agent and your attorney should help you develop the list of things you need before making an offer, but here are just a few to consider:
Are you qualified for the mortgage?
Will the building meet the current and future needs of your business?
Is the building zoned for your use?
If ... Read More
August 6, 2019Lynn Drake
01
Aug2019
Never in my life have I loved a hotel as much as this one: The Rees. For starters, it is in Queenstown, which is a fabulous city. The best part is the architecture! The building is built on a hill and has no interior rooms. Every room has a view ... Read More
August 1, 2019Lynn Drake