This blog entry is about the cash flow model (left image) with a focus on “Credit Loss.”  In the cash flow model, credit loss is a contingency that accounts for the risk that the tenant (or tenants) will fail to meet their rental obligation while under lease.  The reasons for this can vary – perhaps the tenant declares bankruptcy, becomes insolvent or simply shuts out the lights on a Friday and never comes back.  But whatever the reason, and investor…

Yes just like every other city, Cleveland has its ongoing struggles associated with both the general economy and specific industries coupled with dwindling liquidity in the credit market.  It isn’t all bad news, there is great activity in the industrial sector, and starting to make a turn to positive in the office and retail sector.  Read more about the Cleveland Real Estate Market in a featured article written by Alec Pacella in the Midwest Real Estate News. Contact NAI Daus:216…

Society of Industrial & Office Realtors® Says NAI’s 215 SIORs Is Most in Industry   NAI Global, the world’s premier managed network of commercial real estate firms and one of the largest real estate services providers worldwide, today announced it has been recognized by the Society of Industrial and Office Realtors® (SIOR) as having more agents with the prestigious SIOR designation than any other brokerage firm in the world.    Currently, 215 NAI agents hold the SIOR designation, representing almost…

I hope you are reading this blog article because you have an interest or own commercial real estate.  By definition what is commercial real estate? – A property that is solely used for business purposes.  And what is our goal?  To help you invest in a property or relocate you to a property that suites your business purposes.  As you read this article you are wondering, how can NAI Daus help me?  We fill your warehouse/industrial space with tenants; we…

3500 St. Clair Avenue in Cleveland, Ohio features 13,635 square feet of warehouse and office space.  9,538 square-feet is warehouse space and 4,052 square feet is office space.  There is 1 drive-in door and 2 docks.  The office space is air conditioned and the warehouse is a clean open space.  There is plenty of parking and has easy access to all major highways.  This building is in a prime Midtown location.  Contact: Westley Sabroff, Sales Associate | [email protected] | Download…

NAI Global, the world’s premier network of commercial real estate firms and one of the largest real estate service providers worldwide, announced today that its industry peers and the readers of Private Equity Real Estate (PERE) magazine named NAI Global the Global Broker of the Year in the PERE Awards 2009.   “Each year, the readers of PERE magazine and PERENews.com nominate and choose the firms, individuals and deals they believe stood out from the crowd the previous year,” said…

In a strategic acquisition, NAI Daus’ BPS MGMT Inc. division has acquired the Property Management Division of ASW Properties Ltd., an Akron-based property management and investment firm. BPS MGMT Inc.’s clients in Akron will benefit from increased services and the acquisition enables the company to effectively pursue additional business in the Akron market. By acquiring ASW Properties Ltd., NAI Daus and BPS MGMT Inc. gained additional talent and will also be making some new hires. “This key acquisition of ASW…

Robert Wetzel, Broker Associate of Cleveland, Ohio based NAI Daus recently negotiated a lease transaction for 7,800 square feet of warehouse space located at 19860 Ingersoll Drive in Rocky River, Ohio.  The Lessee, J.D. Moving Solutions, Inc., a local moving and storage company is further expanding their operations by occupying this location.  With this lease negotiation, J.D. Moving Solutions, Inc., will now occupy over 19,000 square-feet on Ingersoll Drive.  Wetzel represented the Landlord, Franchar Inc. in this transaction, J.D. Moving…

Bob Brehmer, managing partner of NAI Daus in Cleveland, was recognized by NAI Global with its Chairman’s Award for performance in 2009.  The Chairman’s Award recognizes the NAI Business Director who best exemplifies the “Right Stuff” as it relates to the effective management of a NAI office, including leadership, business generation, service delivery, participation in enterprise initiatives and integration of NAI tools and resources throughout the firm. “I am extremely proud of our entire team at NAI Daus whose tireless…

BPS Mgmt., Inc, the management division of NAI Daus, has been hired by AmTrust Real Estate Investments, Inc. to manage and lease their two full service office buildings in Beachwood and Rocky River, Ohio. Ira Krumholz, President of BPS Mgmt., Inc. will oversee the management of the buildings while Jeffrey Kahn, President of NAI Daus, will handle the leasing opportunities.  “We want to assure the tenants in these buildings that they can expect superior management services from our company.  Tenants…