Category Archives for "CRE Professionals"

The Effect of Natural Disasters on Commercial Real Estate Professionals
May 23

The Effect of Natural Disasters on Commercial Real Estate Professionals

By Guy Gray | CRE Professionals

In August of 2017, a category 4 hurricane made landfall in Texas, where it would leave behind a devastating amount of destruction. Hurricane Harvey greatly impacted many Texas cities, including Houston, where certain areas of the city received more than 50 inches of rain. Major streets that were filled with bustling traffic just days earlier became crowded with boats filled with residents seeking help, or locating those that needed help. Countless Houstonians were stranded in their homes as the water took over. Entire sections of the city were cut off as the flood created temporary barriers. The Buffalo Bayou filled with water and city officials were faced with a major decision that had a grim outcome no matter the choice – release water from the dams and flood countless houses and businesses or leave the rising water to potentially overflow past the emergency spillways, which could cause an even bigger disaster. When it was all said and done, Harvey changed Houston forever, and the city is still working towards recovery to this day.

The Quarem office is located in the heart of downtown Houston. We all feel extremely blessed to say that our homes and business weren’t impacted by the flood, but we witnessed first-hand the aftermath and the damage that Harvey left behind. When faced with the question of how natural disasters impact commercial real estate and the professionals within the industry, we see beyond the loss of a property or building. Housed behind the walls of any commercial property, be it an office building, retail space, or warehouse, are thousands of important assets that are used daily to support the operation of a business.

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How Reactive Should Commercial Real Estate Professionals be to the News and Current Events
May 02

How Reactive Should Commercial Real Estate Professionals be to the News and Current Events?

By Guy Gray | CRE Professionals

For all types of investors, October 17, 1987 is a day that will live in infamy. “Black Monday,” as it’s more commonly referred to, was a day when stock markets across the world crashed. The Dow Jones Industrial Average dropped by 22 percent. The real estate market crashed as well, but not as a direct result of the DJIA drop. Rather, the CBRE said it was due to a mistaken policy response (i.e. an overreaction) to the news of the drop.

As a commercial real estate professional, are you guilty of the same thing when it comes to news and current events? The top CRE pros have their ear to the ground, of course, and stay privy to current events and trends. That’s smart. However, to what degree does this make them reactive instead of proactive, if any? And what are some drawbacks of being over reactive to current events? Let’s find out.

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Sep 03

10 Online Resources for “Green” CRE Pros to Bolster Their Industry Understanding

By Guy Gray | CRE Professionals

When someone mentions the word “green,” they could be referring to the color (obviously). But they could also be making a reference to the environment. Or, they could be talking about someone who is inexperienced. If the latter defines you as a commercial real estate professional, that’s OK. Every CRE pro started off “green” at one point. The only question is, how do you grow?

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5 Key Marketing Tips for Commercial Real Estate Professionals
Apr 18

5 Key Marketing Tips for Commercial Real Estate Professionals

By Guy Gray | CRE Professionals , Marketing Tips

George Washington Carver (1860-1943) was a man of innovation. A botanist and inventor, he is possibly best known for his creative usage of peanuts, having created more than 100 food recipes (such as peanut butter) featuring the popular legume. Put simply, Carver wasn’t a man who simply grew and used peanuts like everyone else. He saw the potential in something and was always looking for new ways to utilize it.

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What CRE Professionals Specifically Would Benefit from Quarem's CRE Software Solutions
Mar 29

What CRE Professionals Specifically Would Benefit from Quarem’s CRE Software Solutions

By Guy Gray | CRE Professional , CRE Professionals

Life as a commercial real estate professional can sometimes feel like one of those wind tunnel money machines you see at arcades or casinos. There are so many things going on and objectives flying around you, it’s enough to make your head spin. (You also look pretty silly in the process.)

Wouldn’t it be nice to just slow down and focus on one thing at a time for once?

With the right real estate automation software, you can. Whether you’re a corporate user, landlord or broker, there are several time- and sanity-saving benefits to adopting one. What are they, you may ask? Read on to discover what CRE professionals specifically would benefit from Quarem’s CRE software solutions.

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Jun 01

7 Changes CRE Professionals Should Have on their Radar

By Guy Gray | CRE Professionals

As a busy CRE professional, you have a keen understanding that knowledge is power. The data on your individual properties, including surrounding communities, is critical in helping you understand, manage and grow your portfolio. Bigger picture items also play a large role in how you manage individual investments and there’s rarely a day when a news headline doesn’t have a potential impact on your bottom line.

Property Management software solutions, such as Quarem Access and Quarem Vantage, can provide relief to busy CRE professionals. By running key reports with the click of a button and offering easy analysis both on individual properties and portfolio wide views, managers, owners and support staff can get the info they need to help react quickly to changing conditions. What are some of the larger market changes CRE professionals should be on the lookout for? Read on to find out.

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Dec 13

What Drives a CRE Professional Crazy in 2016?

By Guy Gray | CRE Professionals

As a CRE professional you have a lot on your plate.  Managing a growing, diversified portfolio of real estate in today’s modern business world takes someone who knows how to keep track of multiple moving pieces across an ever-widening footprint.  Whether in the office or on the go you need access to marketplace analytics, scoops on hot real estate deals and you can’t afford to stand still.  Few things annoy you more than lack of momentum or inefficiency in your business.

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Dec 08

Why Spend Money to Make Money Holds True for CRE Professionals

By Guy Gray | CRE Professionals

As a CRE professional, you know that the key to making money is finding a good investment.  Locating that perfect property in just the right location with just the right footprint is an integral part of the process.  Then comes the negotiations over price, followed by cutting a fairly large paycheck to complete your acquisition.  While this upfront cost may be a large chunk of change, as a knowledgeable CRE businessperson you know that it’s an investment that will pay off in the long run.

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