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10 Different Types of Commercial Real Estate Loans
Structuring a commercial real estate deal is a tall order, especially when it comes to securing financing, as commercial mortgages are structured differently than a traditional residential mortgage. That’s why it’s important to understand the 10 major different types...
The Impact of Federal Reserve’s Rate Cuts on the Jacksonville Commercial Real Estate Market
The Federal Reserve’s decisions regarding interest rates have far-reaching implications for various sectors of the economy, including commercial real estate. The recent rate cuts have triggered a wave of analysis across markets, and the Jacksonville commercial real...
How do I value a commercial real estate property?
Here are the four main ways that commercial real estate is valued. When determining the value of residential real estate, investors have a pretty easy time. You simply log into the MLS or check Zillow for comparable properties in the area and utilize the price...
Things to Consider in a New Commercial Property
When it comes to evaluating a potential new commercial property for either purchase or lease, there are a number of key considerations that should be taken into account. In this article, we will outline some of the most important factors that should be considered when...
Commercial Real Estate News 2024 Quarter 3
Hillis Properties is a well-established Jacksonville Commercial Real Estate brokerage offering comprehensive services in the Industrial, Retail, Office, and Land asset classes. We are passionate about guiding our clients through the processes of buying, selling, and...
Certificates of Use and Converting Use Building Permits: A Brief Overview
When engaging in a commercial real estate transaction in Duval County, Florida, it is essential to obtain a Certificate of Use. This certificate ensures that the property is zoned for the intended use and complies with all relevant regulations and codes. What is a...
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Jacksonville, FL Commercial Real Estate