This is one of the toughest questions an owner of commercial real estate can ask himself. If you are a savvy investor, pretty much the majority of your profit on a deal is made on the purchase of a property; however, based on the most recent downturn in 2007/2008, this old principle could be challenged now.
Many owners went through a lot of regret in regards to not selling prior to the earlier market crash. The amount of leverage in the commercial real estate arena was record-breaking back then. The problem now is the amount of commercial debt, and the commercial back securities that have been created are even higher now than just before the last crash.
“I can help you determine if the time is right for you to sell and the best approach to take.”
Call to speak with Bill Witter today