What is a 1031 Exchange? A 1031 Exchange is a nothing more than a tax deferment. It is used as a strategy by successful commercial real estate investors. Real estate investors get to defer their payment of capital gains taxes on any investment property that they sell if they turn around and purchase a “like-kind” […]
When a buyer or company decides to purchase a piece of property to develop for commercial use, they will usually have an Environmental Site Assessment (ESA) completed before taking out a loan. An ESA is a study established by the American Society for Testing and Materials (ASTM) to evaluate land and identify any potential contaminants […]
Purchasing commercial property for any use can become a nightmare if done improperly. To help buyers avoid undue costs and time commitments, Craft Commercial has created the top 5 things to be aware of when purchasing commercial property. 1. Land Requirements First and foremost, a buyer needs to consider how much land is needed to […]
Craft Commercial announced today that Mike Peebles has joined the firm to further develop their growing portfolio of commercial real estate accounts. Mike Peebles comes with a wealth of experience (34 years) within the industry, having spent the last eleven years building his own company, Peebles Commercial Realty, where Mike was instrumental in numerous commercial […]
