How can investors adapt to the shifting landscape of office investments and occupancy trends?

 

In this insightful episode of the Passive Wealth Strategy Show, Taylor welcomes guest Danny Simard, a seasoned commercial property manager and Navy veteran. The discussion centers around the current state of the commercial real estate market, particularly offices, in the wake of the COVID-19 pandemic. Danny shares his expertise on the challenges and transformations in office investing, offering a unique perspective on pricing, occupancy, and the future of commercial spaces.

 

 

[00:01 - 07:24] The State of Office Investing Post-COVID

Shift in office market dynamics since COVID

Impact on pricing and occupancy rates

Predictions for the future of office spaces

 

[07:25 - 14:30] Inside the World of Commercial Property Management

Role and responsibilities in commercial property management

Challenges faced in the current market

Strategies for managing commercial properties effectively

 

[14:31 - 21:08] Navigating Market Distress and Opportunities

Understanding market distress and its impact

Identifying opportunities in a troubled market

Strategies for capitalizing on current market conditions

 

[21:09 - 23:24] Owners’ Perspectives and Market Reactions

Insights into property owners' concerns and strategies

Market reactions to current trends

Long-term implications for property owners

 

[23:25 - 26:47] Closing Segment

Future of commercial real estate investment

Adapting strategies for changing markets

Predictions and advice for upcoming trends

 

 

Quotes:

 

"In the office world, we are really stuck between a rock and a hard place." - Danny Simard

 

"With the right cost basis, anything's a good deal in real estate." - Danny Simard

 

 

Connect with Danny:

 

Website: https://craftbauer.com/team/danny-simard

LinkedIn: Danny Simard

Instagram: @dannysims

 

 

Apply to Invest with Taylor at www.investwithtaylor.com

 

Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com

 

Please leave a review and help others escape Wall Street and build wealth on Main Street!