Types of Commercial Property

Posted on by Nima Bendavood
Nima Bendavood Commercial Property

Commercial property is a real estate investment that you make to earn rental income. It can be used as an office, retail, apartment, or any other type of business. Let’s discuss the types of commercial property with Nima Bendavood.

The Most Common Types of Commercial Properties Are:

Office Buildings

These are usually located in cities and towns where there are many people to serve them. They have high demand since they provide numerous services such as workspaces and meeting rooms. Office buildings also provide parking spaces for their customers, which is another reason why they have high demand. However, in recent years and especially due to covid, the demand for office has decreased to historic levels due to option of remote working.

Apartments

Nima Bendavood: Apartment buildings are one of the most in demand types of commercial properties today. As more people move to the urban and large cities, the demand for apartments has increased which has pushed rental prices to historic levels. People will always need a place to call home, so It’s expected that apartment will be a very safe investment for the foreseeable future.

Retail Centers:

Retail centers are one of the most common types of commercial property. They are usually located in shopping malls, strip centers, and mixed-use developments. Retail centers typically include a variety of stores and services under one roof and offer tenants access to parking, loading docks, security cameras, and other amenities that they would not have otherwise.

Hotels

The hospitality/hotel industry is one of the most ever-changing types of commercial real estate. Hotels are usually more susceptible to market changes because when the economy goes down people have less money to travel and when the market is up people have higher wages and can afford to travel. There are two main groups of hotel customers which would be either for vacation or for corporate guests who are office employees needing to travel to fulfill their job duties.

How Do I Invest In Commercial Property?

The best way to invest in commercial property is by buying a good quality, well-located building. The first step is to determine the type of commercial property that you want and then find out what it would cost to buy it. If the price seems reasonable, then you can proceed with your purchase.

You should know about the market for your product or service before you start looking for an office building, retail shop, or warehouse space.

Wrapping-Up:

Nima Bendavood says commercial property is a good investment option because it offers steady and consistent returns. It can be used to generate income, but it also has the potential of generating capital gains if you sell it at a higher price than when you bought it. The main advantage of commercial real estate investing is that there is less risk involved as such properties can generate fairly steady cash flow.

Key Factors That Drive Real Estate Market

Posted on by Nima Bendavood
Real Estate Market Nima Bendavood

It is very interesting to know how real estate prices can fluctuate up and down over the years. If you are thinking to invest in real estate then you should be aware of these factors. Let’s discuss 4 key factors that drive the real estate market with Nima Bendavood.

Demographics

Demographics is a broad term that refers to the population of any given geographic area. Demographic factors are important for real estate investors because they affect home prices, rental rates, and the number of people who want to live in an area. Population growth is one of the most significant demographic factors that drive the real estate market. The more people there are in an area, the greater demand there will be for housing and homes.

The increase in real estate prices is very much related to the growth of the population. The more people living in a particular area, the more housing that will be needed. This is because the demand for housing is always increasing. The real estate market has been growing at a rapid pace and this has increased the need for more houses to be built as well as purchased. If you want to invest in real estate then you should know about this factor so that you can make an informed decision on whether or not it’s worth your time and money.

Interest Rate

Nima Bendavood: Interest rates impact the demand and supply of money in an economy. When interest rates go up, people save more money as they earn more interest from their savings accounts. This causes a fall in consumption and investment which results in less demand for real estate. On the other hand, when interest rates go down, people spend more money on buying houses or cars as they get higher returns from their investments. This increases the demand for housing units thereby driving up housing prices. Similarly higher interest rates mean higher and less affordable loan payments which could lower home values. On the other hand, lower interest rates mean more affordable payments and higher loan qualification which could increase real estate values.

Interest rate factors that drive the real estate market are a very important topic. It’s not only about the interest rates but also about other things like how much money you can borrow, what kind of loan are you getting and where to get it from.

The Economy

The economic factors that drive the real estate market are the most important factor that determines whether a person will buy or sell their home. This cycle has been around since the beginning of time, and it still exists today. Some people believe that this cycle is more pronounced than in previous years. This economic cycle affects every aspect of our lives including our jobs, income levels, spending habits, and even how much we save for retirement.

Government Policies or Subsidies

Nima Bendavood says the real estate market is driven by government policies or subsidies that drive the demand for housing. Most governments have a policy of encouraging home ownership such as through government loans with specials rates and pricing. This policy has led to an increase in the demand for housing because people are drawn to buy homes they can afford. As a result, the prices of houses rise as there’s more demand.

Smart Growth and Its Advantages

Posted on by Nima Bendavood
Nima Bendavood advantage

Smart growth is a term that describes the idea of building communities and cities in which people can live, work, play and learn. It means creating vibrant neighborhoods where families want to raise their children. Smart growth also means making sure our urban areas are sustainable so they can be affordable for all generations says Nima Bendavood.

Some Environmental Benefits of Smart Growth Strategies

The benefits of smart growth strategies are numerous. For one, they can help reduce traffic congestion, which is a major issue in many cities today. They also make it easier for people to get around without having to drive their cars every day. In addition, smart growth strategies have the potential to create more walkable and bikeable communities that promote healthy lifestyles and discourage obesity. In many areas of the country, there are not enough public transportation options available for people living in rural areas who need to commute to urban centers daily. Smart growth strategies can help let’s discuss some environmental benefits with Nima Bendavood.

Reducing Congestion and Air Pollution

Reducing traffic congestion by encouraging people to live closer to work or other destinations (and providing transit options) can reduce greenhouse gas emissions associated with driving alone by an estimated 10 percent in a city’s central business district (CBD). This is because fewer vehicles on the road mean less fuel consumption per vehicle.

Improving Public Health, Safety, and Housing Conditions

It reduces sprawl by encouraging compact development; it improves public health by reducing air pollution and traffic congestion; it increases local tax revenues; and it creates jobs in the construction industry as well as in retail, services, and manufacturing industries.

 Increasing Access to Jobs and Services For Low-Income Residents

Smart Growth is a set of principles and strategies that promote the creation of walkable, mixed-use communities with good access to jobs and services for low-income residents. These communities are designed around people, not cars; they have high residential densities and a variety of housing types; they are pedestrian-friendly; they provide safe places to play, work, learn and gather; and they offer convenient access to public transportation.

Reduced Energy Consumption

Smart growth strategies promote compact development patterns that reduce the need for new roads and highways, which consumes a lot of energy. This in turn reduces greenhouse gas emissions and air pollution. Reduced water use. Smart growth strategies encourage the construction of walkable neighborhoods with mixed-use buildings that require less water than single-family homes do. This is because many people will be able to take shorter showers, wash their clothes at community laundromats instead of using individual washers and dryers at home, or go to public parks instead of private yards to play sports or exercise.

Wrapping Up

Nima Bendavood says Smart Growth is a set of principles and policies that seek to promote the development of communities through sustainable land use patterns. Smart Growth seeks to create walkable, mixed-use neighborhoods with high-quality public transit, bicycle infrastructure, and neighborhood parks. Smart Growth also promotes the preservation of historic buildings and places while encouraging new construction in areas where it can be economically justified. The idea is to encourage growth in existing urban centers rather than sprawl into the countryside or other undeveloped areas.