Secure Commercial Real Estate: The Investor's Guide to Control the Physical Realm is written to provide real estate professionals with the means to make their investments increasingly secure in ways never before presented. No other book devotes itself exclusively to optimizing the physical aspects of the commercial real estate sector.
First and foremost this book is a comprehensive guide to understand and mitigate all forms of physical investment risk in commercial real estate transactions including acquisitions, loans and Wall Street securitized products. It contains everything an investor needs to know to perform physical due diligence. No other text before has approached this vast and diverse subject. It explains the major physical issues that are important to the financial analysis of an investment opportunity. It prescribes methods to minimize risk resulting from physical issues. It provides a step-by-step guide to performing a thorough inspection of a property along with all of the major regulatory issues you need to know at your fingertips. It will further empower investors in securitized products, like CMBS, with an understanding of issues frequently overlooked by loan originators, such as "investment grade" and "obsolescence" issues.
Secondly, this book provides a wealth of useful down-to-earth information imperative for owners, operators, and investors wishing to outsmart the competition at the property level. It provides templates to establish or upgrade physical investment guidelines and explains reasons for and how to spot premature deterioration. It describes how to reduce all forms of physical investment risk, increase your cash flow, satisfy your tenants every need, spotlight your successes, and pocket the proceeds and Much, Much More!. Best of all, it provides the keys for doing it all very economically often for free.
What further separates this book apart from any other is that it shows how to assure that investment properties will outdistance the competition. Veteran real estate technical professional, Steve Vukovich provides a format for investment success with topics ranging from recognizing "investment grade features that generate success" to "successfully implementing operational improvements", such as power management strategies, and guaranteed energy saving agreements that really work. Readers discover physical investment parameters that can maximize operating income and tenant satisfaction plus scores of insights into managing durability and obsolescence issues to your economic advantage. This practical, step-by-step guide offers advice on how to improve the operational environment, reduce energy budgets, minimize the risk of unplanned maintenance and repairs, attract and retain quality tenants and increase cash flow.
The hardcover book is handsomely and ruggedly bound and sized at 6" x 9" x 1-1/4" thick to fit into a briefcase for convenient reference during travel. It provides a polished and informative delivery of each subject and it's comprehensive Subject Index provides quick access to unfamiliar terms and issues. Loaded with idea generators, example situations, and checklists, this hands-on manual saves readers valuable time and expensive consultant fees. It concludes with an Appendix designed exclusively to meet the interest and needs of a real estate executive in determining the effectiveness of his organization and another that provides specific guidance to a non-technical manager of technical staff.
