We believe that financial literacy can fundamentally change people’s lives for the better. That’s why we’ve partnered with Money Smart Week® for the second consecutive year to bring engaging financial education to investors across the Chicagoland area — and to our OneBite readers, too!
Throughout this week, you can tune into the blog to see the impact of Money Smart Week first-hand — that means exclusive highlights from each of our sessions, and powerful resources and tools you can use to make progress on your own goals.
Today, we’re giving you an insider’s look at our expert panel presentation, “The Finance, Fundamentals and Funding of Commercial Real Estate.”
Making the decision to invest in commercial real estate is equal parts exciting and filled with opportunity — whether you’re using it as a cash flow vehicle for a brick-and-mortar business, have decided to rent properties or have chosen to make real estate a long-term investment.
But before you sign the dotted line on your dream property, it’s important to have a complete understanding of the commercial real estate world — and that extends far beyond the selling price. In our third Money Smart Week session, a panel of experts — representing three facets of the commercial real estate field — answered questions from budding investors on a range of topics, such as trends in commercial real estate, negotiating deals, interest rates, regulatory changes and tax benefits. Panelists also addressed pros and cons around buying existing properties as a form of income versus buying properties for new development.
After more than an hour of engaging discussion and conversation, it’s safe to say that all attendees — including us! — walked away with a renewed perspective on the commercial real estate market and what it takes to make an investment a success.