IBIS World reports that the commercial real estate industry is worth an estimated $945 billion U.S. in the United States alone. Commercial real estate, or property strictly used for business purposes, can describe everything from restaurant space to a shopping mall. It also offers investors a number of advantages, such as a constant cash inflow due to rental and other resident fees, including parking and vending charges. But if you’re interested in investing in commercial real estate for the first time, it can be difficult to find the right opportunity to begin. This is why working with a professional can be helpful, making companies like American Real Estate Partners, led by President and Chief Operating Officer Brian L. Katz, a recommended choice for beginners.
Brian L. Katz is a commercial real estate broker who has experienced a great deal of success in the field. Holding a Bachelor of Arts degree in Economics from the University of Maryland and a Masters of Real Estate degree from John Hopkins University, Katz supplemented his education with years of experience: in 1993, he worked for the Evans Company, a regional development firm, where he managed the marketing and leasing of the company’s 2.5 million square foot office portfolio, as well as their 1,500 acre land portfolio. Later, Katz put his skills to work at a commercial brokerage group in North Virginia, selling more than 15 million square feet of space and becoming one of the top brokers in the Washington, D.C. area. Today, Brian Katz is a chief member of American Real Estate Partners, a real estate firm, where he has been extensively involved in acquiring, financing and maintaining an estimated $1.8 billion of office, flex, industrial and residential assets.
According to IBIS World, commercial real estate companies usually develop commercial, industrial and multifamily residential property, as well as manage the purchasing or renting of the property in question. These companies can be particularly helpful to investors, as real estate partners help evaluate the risks involved with purchasing and maintaining commercial property. If you are wondering “should I invest in real estate,” don’t try to navigate the decisions or the process alone: instead, contact a commercial real estate company to discuss your opportunities today.