Evaluate Your Real Estate Portfolio
Double Dip? Time to re-evaluate your real estate portfolio.
Here is a blurb from the article “S&P U.S. Debt Downgrade: Implications For Commercial Real Estate” by Chris Macke of Forbes.
“The larger impact for commercial real estate could be on the demand side, at least in the near term. Companies and consumers are already hesitant to spend. Downgraded U.S. debt will likely only increase that hesitancy given the increased uncertainty it creates. There could be a negative impact on consumer and business confidence and thus spending, which could translate into reduced economic activity and as a result reduced commercial real estate demand, at least in the interim.”
Read the entire article for yourself here: Forbes
What does the potential double dip mean to you?
If you own, rent or broker commercial real estate there could be a very large impact on your business. If you haven’t already, you need to quickly begin to evaluate your entire real estate portfolio and organize your locations based upon their local economic stability. This process will allow you to prioritize your efforts on those locations that need extra attention today.
Catalyst Analytics can help you evaluate your real estate portfolio.
The 3L Score is a web-based application designed to help you evaluate the economic stability of the neighborhoods surrounding any real estate location.
The 3L Score takes the most important economic information (employment, household growth, housing performance, income, population, etc…) and uses that information to rank the economic stability of the neighborhoods surrounding any retail location on a scale of 1-100 utilizing a proprietary algorithm developed by our team. The system will then identify if the people who live around your locations are willing to spend money today, or if they are hoarding cash as a result of under performing housing and job markets. Lastly, we tell you exactly what each score means in a narrative, easy to read and understand format (think of it as an executive summary), rather than just giving you pages of data to sort through.
If your job entails evaluating a portfolio of properties and you have limited time and resources to do so, wouldn’t it be helpful if you could quickly put together a list to help you identify which properties to look at first.
It’s time to take a proactive approach to measuring and identifying your “at-risk” locations, giving you the opportunity to provide direction and solutions as to the best approach to take when making a decision about the future of that location.
Visit our website http://www.3lscore.com/
Watch the demonstration on the 3L Score and sign up for our free trial and let us help you be proactive in your preparation for a double dip recession.