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 […]
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 goal. 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 on investment over […]
Problem-Solving Attitude
A 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. How to have a problem solving attitude? Do Not dive headfirst to fix, fix, fix. Spend a few moments thinking about the solution first. Quick answers are […]
High Potential Markets
Do you know the 5-Step Process for Quickly Finding 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 […]
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 […]
How to Select a General Contractor
How to Select a General Contractor In CRE Development, working with a contractor is a way of life. Therefore, selecting a good General Contractor will improve the Construction process of any Development project. Things you will need before selecting a General Contractor:1. Set of Construction Documents for an accurate Bid, the more detailed, the better2. Have a Schedule […]
Tips for Staying Ahead in Construction
Tips to Stay Ahead in Construction Add More contingency to your budget than you think you should Everything takes longer, from entitlements/permitting, appraisals, and securing construction loans to the actual construction. Have your Contractor triple-check all long lead items. More materials are becoming long-lead items due to shortages, Switchgear, and HVAC. Order ahead if possible
3 Reasons Why to Hire an Owner Rep
Top 3 Reason Why You Need EJR Group 1. Reduce Development Over-Load/ Time Saving.Our services are for commercial real estate owners and tenants whose existing team does not have the required depth of resources to manage all the development project components. We serve as an extension of their staff, allowing our clients to focus on their […]
Evolving Link Between Industrial and Retail Real Estate
Link Between Industrial and Retail There is an evolving link between Retail and Industrial Logistics. We are so proud to be involved in a project at the forefront of the changing dynamics. Our project, French Valley Commons in Riverside County, is a Mixed-Use Retail and Industrial Center. The Industrial side currently has buildings ranging from […]