Why Kids’ Entertainment Is Becoming the New Mall Anchor As the retail landscape continues to evolve, many commercial real estate owners are searching for new ways to breathe life into struggling malls and shopping centers. At EJR Group, we’re seeing firsthand how family-focused entertainment concepts are becoming a key strategy in mall redevelopment. Several forces […]
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Due Diligence Analysis. Let’s walk through Due Diligence on a recent Deal.
Let’s walk through Due Diligence on a recent Deal. The Deal. The subject property covers 149.5 acres and is currently zoned Regional Commercial and Multi-family. It’s an enormous amount of land to develop, regardless of your experience. The initial plan was to sell the vacant land as it is, consisting of four large parcels (NE, […]
SB 326: Ensuring Balcony Safety with Project Management
California’s SB 326 is a crucial piece of legislation designed to enhance the safety of homeowners’ association (HOA) communities. This law mandates that HOAs inspect standard area balconies, decks, and other elevated structures every nine years to identify water damage, structural weaknesses, and potential safety risks. The goal is to ensure timely repairs, prevent accidents, […]
Risk Management through Due Diligence: How Preparation Leads to Informed Decision-Making in Real Estate Development
How Preparation Leads to Informed Decision-Making in Real Estate Development Robust due diligence is essential to effective risk management, particularly as the “free money” era fades and interest rates become less favorable. With the stakes higher than ever, it’s crucial to fully understand the potential hazards and the high-consequence events that could arise entirely—those with […]
2024 Recovery and Growth OR Renewal and Expansion
Most of the “negative news” has been disclosed and aligns favorably with the largest and most well-funded corporations. What does that mean for our clients? Opportunities present themselves at low periods, and we pay attention to sellers and potential deals. During the year’s initial months, the focus has primarily been on conducting market research, determining […]
History of Sears Building Conversions
Over the years, many vacant Sears buildings across the country have been converted to various uses, including: Mixed-use developments: Combining retail, office, and residential spaces. For example, the Sears building in Minneapolis was converted into the Midtown Global Market, a cultural and commercial center with food stalls, shops, and office space. Offices: Conversion to office, […]
Investing in Commercial Real Estate
Investing in Commercial Real Estate Are you investing in commercial Real Estate? Investing can be crucial to one’s financial goals. Real Estate provides security. With the help of EJR Group, you can begin building your real estate portfolio. We help navigate the pros and cons of purchasing, redevelopment, repositioning, and development. Pros Provide solid and predictable returns […]
Problem-Solving Attitude
Problems are a fact of life. This means that is a fact of all of our jobs and careers. Problem-solving is about adjusting your attitude and mindset. Do Not dive headfirst to fix, fix, fix. Spend a few moments thinking about the solution first. Quick answers are important, but planning your solution will save you in the long […]
High Potential Markets
There are sites, old buildings needing demo and redevelopment, government tax credits, and vacant spaces available for sale or lease all over the country. But the most important is the market they exist in. And how do we know what the market is like? Define the wave of Growth. The Geographic Area and Level of […]
Erin Jackson of EJR Group
Her position at EJR Group is to help cut through the complexities of development by organizing critical development information into a built reality. Questions + Answers with EJ 1. What do you love about your job? Every day is different. With multiple projects at various stages, my day could involve anything from deal vetting and site […]