The Challenge A large Mississippi Law Firm was awarded a state contract for the implementation of child care services within the State of Mississippi. Unfortunately, most of the 18 required locations would need to be selected, negotiated and opened for business within a 10-12 month timeframe. The law firm immediately contacted and hired The Estes […]
The Challenge C-III Capital ,which is one of the largest loan servicing companies in the U.S., called and requested The Estes Group submit a proposal to be the court-appointed receiver for a 42,000 square foot, multi-tenant shopping center in Madison, MS. The 10-year financing term was expiring and the property suffered from both occupancy issues […]
The Challenge A value-added office investment was pitched in the Jackson, MS market by a local broker who had the listing for some time. The Owners really needed to dissolve their partnership and the property had been owner-managed from the day it was built. The property suffered from deferred-maintenance, mismanagement, and low effective rates. Because […]
As a commercial real estate broker I often get asked to analyze a person’s investment property to determine whether it is an optimal time to sell.
Many real estate investors have seen property values bounce back from the worst financial crisis in the past 70 years. Depending on location and property type, some values have surpassed the high water mark in 2007 and early 2008. by Brian E. Estes Many real estate investors have seen property values bounce back from the […]
As I write this column about real estate investing principles, the Alabama Crimson Tide and their coach Nick Saban are enjoying their National Championship victory over the Clemson Tigers. The Crimson Tide has now won four of the last seven national championships games which, arguably makes Nick Saban the greatest coach in college football history. […]