Tag: Phoenix

Here’s What’s Happening in the Commercial Real Estate Space with Andrew Cheney (Ep. 51)

Here’s What’s Happening in the Commercial Real Estate Space with Andrew Cheney (Ep. 51)

While many people are focused on the cost of homes and residential real estate, many others are focused on commercial properties and office spaces. 

In this episode, Brent Mekosh is joined by Andrew Cheney from The Coppola Cheney Group at Lee & Associates to explore the ins and outs of commercial properties and how they are driving the market in cities such as Phoenix, Arizona.

Listen in and find out how location, construction costs, and vacancy rates play a crucial role in determining the pricing of these spaces.

Andrew discusses:

  • What drives the real estate market growth
  • The value of office collaboration and reasons why real estate is cyclical 
  • Ways the amenities of a property add to the market pricing
  • A snapshot of commercial real estate across different cities in the United States  
  • Potential challenges in the commercial real estate market, including the impact of the pandemic, commute time, and upcoming debt
  • And more!

Resources:

Connect with Andrew Cheney:

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About Our Guest:

Andrew Cheney is an experienced commercial real estate broker who specializes in office & industrial sales and leasing. He became a Principal at Lee & Associates Arizona in 2009, the fastest Associate to complete this process in the Arizona office.

Within Lee & Associates, Craig Coppola, Gregg Kafka, and Andrew lead The Coppola-Cheney Group. The Coppola-Cheney Group is the number one office leasing and sales team in Lee & Associates’ history. They provide a higher level of brokerage skills, market knowledge, and the ability to negotiate our clients’ transactions.

A Deep Dive into Multi Family Housing and Real Estate in Arizona with Bill Hahn (Ep.19)

A Deep Dive into Multi Family Housing and Real Estate in Arizona with Bill Hahn (Ep.19)

Phoenix, Arizona, has grown to become one of the most active deal velocity states, increasing both the number of transactions and the cost of rent. 

This is good and bad for the state.

In this episode, Brent Mekosh is joined by Bill Hahn, executive vice president of Northmarq. Bill unveils the real estate market,  dissecting the impact of rent increases and financing options on the current market.

Brent and Bill discuss:

  • Ways rent impacts housing options for local residents
  • Loan options for multifamily investors
  • The role of  insurance companies when it comes to multi-family real estate investments
  • How downtown Phoenix has changed within the last few years
  • And more!

Connect with Bill Hahn:

Connect with Brent Mekosh:

About Our Guest:

Bill Hahn is a senior vice president with Colliers International and a senior member of the Colliers HSK Multifamily Specialists team. Utilizing his extensive market knowledge of multifamily assets and their ever-changing transaction market, Bill develops strategic plans for the disposition and acquisition of properties and portfolios. His extensive knowledge base and industry expertise lead to successful and tailored real estate solutions for the team’s clients. Bill has 30 years of experience in the commercial investment real estate market, which includes managing the operations and strategic planning for a 35-agent commercial real estate office in Phoenix, Arizona.