Welcome to the official blog of Block Real Estate Services, LLC (BRES). BRES seeks to offer insight and news concerning commercial real estate, financial investments, construction and development of the 212 communities we serve locally and nationally.

Wednesday, June 26, 2013

Summer Cool Down - How To Deal With Hotheads in Business

Block Real Estate Services

As of last Friday, it is officially summer and the temperatures aren't the only thing that can get hot. In the competitive industry of commercial real estate, one is bound to encounter a hothead or two. This could be a co-worker who always has a hostile demeanor or a client who flies off the handle at the tiniest details. Regardless, it's important to keep one's cool and work with said "hot head" in a way that won't derail the progress of your work. Here are some tips for a person who is blowing their top in the workplace:

Monday, June 24, 2013

BRES' Deal of the week - Mercy South

Block Healthcare Development recently closed on the sale of two Medical Office Buildings (MOB) in Des Moines, owned by Mercy South LLC.  Both buildings are 100% occupied and fully leased. 
Block Healthcare Development

Wednesday, June 19, 2013

Architectural Design for Commercial Development

Architectural Design for Commercial Development
Architects work to improve the built environment. Along with the economic and functional needs of a project, an individual architect will bring their design sensibilities to the project which will affect the aesthetic outcome. What is consistent with all projects is that when a building or buildings are constructed, they will look like something.

Some key consideration; should a building blend in with its surroundings? Should the building be  be contemporary or traditional? Should the building's aesthetics be dictated by  environmental considerations? Historically, clients have had a very strong concept of the budget and function of their project with a lessor commitment to understanding of the aesthetic design direction.

Tuesday, June 18, 2013

Thursday, June 13, 2013

The Importance of Expertise in Capital Market Investment

Block Funds Capital Markets
Many investors who are seeking to construct a well diversified portfolio often focus almost exclusively on publicly traded equities and fixed income securities. They fail to consider the role that well chosen real estate investments can play in addressing the challenges presented by a world of low to negative real interest rates, broadly eroded credit quality and near record stock prices.

While the proliferation of ETF’s and industry specific index funds has made it easier for investors to target the exposure they need to various invest-able sectors of the economy, the perceived obstacles to investing in non-securitized real estate persist.  Given the increasing uncertainty related to the continuation of quantitative easing, the potential headwinds from the sequester and increasing volatility in public markets, it is now a good time to review those perceived obstacles and reassert the rationale for making an allocation to the asset class when it is time to re-balance one’s portfolio.

Tuesday, June 4, 2013

Property Management Tip #7 - Vendor Relations

Cultivate positive vendor relationships!
Vendor Relations

A well-managed property should build better vendor relationships.

On-site and regional managers should proactively build relationships with skilled workers.  Choose vendors that are in your price range, are trustworthy, and do very good work.  Keep them close, and they will come to the rescue when the property needs it most.