The Source of Commercial Real Estate

Doug Owen of JLL discusses the office asset class and its current state in the Louisville market. Contrary to popular belief, the office class is not dead, and there is a desire to be in the office. The downtown and suburban markets in Louisville have different dynamics, with downtown experiencing higher vacancy rates due to a major tenant consolidating and renovating their space. Landlords are investing in amenities and renovating their buildings to attract tenants. Incentive programs and concessions are being offered to tenants, and landlords are advised to white box vacant spaces to make them more marketable. The future of the office asset class includes a focus on higher-end spaces, conversions to hotels, and the development of residential areas in downtown.

Takeaways

• The office asset class is not dead, and there is a desire to be in the office.
• Downtown and suburban markets in Louisville have different dynamics, with downtown experiencing higher vacancy rates.
• Landlords are investing in amenities and renovating their buildings to attract tenants.
• Incentive programs and concessions are being offered to tenants, and landlords are advised to white box vacant spaces to make them more marketable.
• The future of the office asset class includes a focus on higher-end spaces, conversions to hotels, and the development of residential areas in downtown.

Click to text the show!

Email Jonathan with comments or suggestions:
[email protected]

Or visit the webpage:
www.thesourcecre.com
*Some or all of the show notes may have been generated using AI tools.

Enjoy this conversation with Nic DeAngelo, founder of Saint Investment Group. In this episode Jonathan and Nic discuss Nic's start in real estate by working in a family office and how that experience has shaped his investing philosophy, the incredible opportunity in industrial real estate, and why fixed income note investing could be a great strategy for many high net worth investors.
Connect with Nic:
https://saintinvestment.com/resources/

Click to text the show!

Email Jonathan with comments or suggestions:
[email protected]

Or visit the webpage:
www.thesourcecre.com
*Some or all of the show notes may have been generated using AI tools.

Enjoy this conversation with Richard Crouch of Woods Rogers. In this conversation, Jonathan and Richard discuss how the Corporate Transparency Act impacts you, mistakes in structuring deals and raising equity, how deals going south can be saved, when to get an attorney involved, plus tons more.
Connect with Richard:
[email protected]
https://www.woodsrogers.com/team/richard-crouch
Listen to the full episode for his personal cell phone number

Click to text the show!

Email Jonathan with comments or suggestions:
[email protected]

Or visit the webpage:
www.thesourcecre.com
*Some or all of the show notes may have been generated using AI tools.

In this conversation, Jonathan talks with Dennis Havrilla, former professional football quarterback. The two discuss unique investing strategy of net lease retail, identifying quality tenants, and the power of mentorships in our personal and professional lives.
Connect with Dennis:
https://www.instagram.com/dhavrilla4/

Click to text the show!

Email Jonathan with comments or suggestions:
[email protected]

Or visit the webpage:
www.thesourcecre.com
*Some or all of the show notes may have been generated using AI tools.

Zach Alms is the founder and managing principal with 507 Capital and focuses on investing in value-add retail strip centers.
In this episode, enjoy hearing about:
- How to add value to a retail strip center
- What the lending environment is like for retail strips
- The most important factors to consider when analyzing strips
- The red flags to avoid in retail strips
- Plus tons more!
Connect with Zach:
Zach on Linked In
507 Capital

Click to text the show!

Email Jonathan with comments or suggestions:
[email protected]

Or visit the webpage:
www.thesourcecre.com
*Some or all of the show notes may have been generated using AI tools.