Pete Chrzaszcz's (commercialmasterminds) Blog

A great article I read in Units magazine sums up the key mistakes to watch out for in order not to come out upside down on an attempt to accomplish a value play on a multifamily purchase. If a prospective property is able to be purchased at a discount compared to current market prices and yet, a ...

A few tips to consider if you are considering any remodeling or updating of your apartments in 2009 are mentioned in Units magazine (Nov. 2008). In order to cheer up our moods from the dismal economic environment of 2008, fashion and trends watchers are predicting that yellow will be a desired lo...

As identified in the article "Can't-Miss Growth Areas" in Units magazine (Nov. 2008), investors looking at apartment purchases should consider looking for apartments with proximity to the following businesses or locations:  Colleges/Universities Transportation Hubs Ports/Coastal Cities Biotechnol...

An article I read on GlobeSt.com talks about predictions for the growing population in California that are peaking the interest of both the residential and the commercial real estate industries. Brokerages, builders and property investors are watching to see what the next wave of development and ...

According to an article in the November 2008 issue of Multifamily Executive, single women are a key demographic apartment owners should be courting. Of the 14.9 million single women ages 20 to 34, nearly 41% are renters. This Gen Y subgroup has specific tastes and smart apartment owners will look...

As a fan of online document technologies, I am pleased to see the rise of document management software solutions to assist apartment property managers. In an article titled "Virtual Filing Cabinets "in Apartment Finance Today (Nov/Dec 2008) several technologies are mentioned. Yardi, Intuit and Re...

In spite of all the news out there about frozen credit markets, lending for apartments is still available. In an article by Bendix Anderson in Apartment Finance Today, (Nov/Dec 2008), sources for these smaller loans (I'm hearing under $5 million) are still lending. These sources include governmen...