I Don’t Know
Many business leaders and executives hate to admit this. By acknowledging it, they fear they will lose credibility, respect, and stature. Their staff have become reliant on their wisdom, instincts and skills that heretofore produced effective results. Many executives believe they need to envision ...
Read MoreEnd-of-Year 2021 Broker Commercial Real Estate Insights
One of our goals as real estate investment operators is to provide our investors with timely and insightful market intelligence. In this month’s article, we’ve asked two leasing and one investment sales brokers to prepare a market summary in their specific area of expertise and market coverage. The ...
Read MoreMy Blank Page
Last month I saw Bruce Springsteen performing his Broadway show (Covid vaccine card and masks required). At one point during the performance, Bruce recalls what life was like at 19 years of age. We all know that age is a time of transition. It is when we either begin our college years or embark ...
Read MoreMid-Year 2021 Broker Commercial Real Estate Insights
Exclusive content for Kenwood Investors. Since it’s mid-year 2021, we wanted to provide you with some different perspectives about the various leasing markets where our properties are located and how these markets are performing now compared with pre-COVID-19.
Read MoreKenwood’s Investor Summer Reading List
As we all take a deep breath from 2020 and enjoy all that summer has to offer in 2021, it is time to unwind and think about simpler things. The days are longer, the weather warmer, and the air is filled with the smells of the ocean and barbecues, and the sounds of outdoor activities. For this ...
Read MoreThe Value of Internal Rates of Return
Investors frequently ask us what metric is the best to analyze and valuate a real estate opportunity. At Kenwood, we utilize multiple models to underwrite each acquisition. However, we find that, compared to other models, the Internal Rate of Return (IRR) captures more comprehensively the scope and ...
Read MoreCap Rates – The Misunderstood Valuation Metric
I was recently talking with a few potential investors about three different investment properties. In each situation, the first question they asked me was, “What was the cap rate?” Although many may think this is a natural question when evaluating a real estate investment, it made me wonder if they ...
Read MoreInvestment Perspective — Kenwood's Historical Real Returns vs. S&P 500
Most investors want a high rate of return along with a low level of risk. Stocks (Equities), mutual funds, and real estate are investment vehicles that investors often consider. These options can provide positive long-term returns. However, investing in commercial real estate provides an investor ...
Read MoreThe Sweet 16 of Real Estate Decision Making- March Madness
I am often asked by our real estate investors one of the following questions: How do we determine what properties to invest in? What is our acquisition vetting process like? What are the analytics we use in coming to a “yes” decision?
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