Our Supporting Monitors
What Is Commercial Real Estate (Cre) ?
1 reply to this topic
Posted 04 March 2018 - 03:42 AM
Commercial Real Estate (CRE) is simply defined as any property owned to produce income. This can be just about anything, including:
the neighborhood Circle K where you gas up your Prius
the fourplex apartment building next-door
your five-story suburban office building
the car-wash your brother owns and operates
a sleek glass high-rise downtown.
Posted 18 February 2019 - 02:05 AM
Commercial real estate is business-focused. It involves property that is sold, leased, or used to achieve a predetermined business objective. It’s used as an investment to achieve an anticipated rate of return on the funds invested.
Residential real estate revolves around the wants and needs of a homeowner and his family. It involves property purchased for individual use, most often to provide housing for families.