Waad Nadhir: BOSC Acquisitions and Developments

Waad Nadhir is a commercial real estate developer and the Co-Founder and President of BOSC Realty Advisors. Since 1989, BOSC has acquired, financed, leased, developed and managed properties throughout the United States.

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Among the properties acquired, developed and managed by BOSC and its president, Mr. Waad Nadhir, are:

  • Multi-Tenant Retail and Medical

Topinka’s Plaza, Detroit, Michigan

Brea Plaza, Brea, California

Brea Imperial Plaza, Brea, California

Uptown District Center, San Diego, California

Ramblewood Square, Coral Springs, Florida

Denton Square, Denton, Texas

The Terraces, Rancho Palos Verdes, California

Laguna Hills Plaza, Lake Forest, California

Rancho San Marcos Village, Rancho San Marcos, California

Evergreen Plaza, Southfield, Michigan

Shoppes at Montclair, Montclair, California

Woodberk Medical, Berkley, Michigan

2160 Coolidge Medical, Berkley, Michigan

Beaumont Center for Human Development, Southfield, Michigan

  • Office and Parking Decks

30 Oak Hollow, Southfield, Michigan

The Dime Building, Detroit, Michigan

Financial District Garage, Detroit, Michigan

  • Single Tenant Developments

CarChoice/AutoNation USA Automotive Superstores in Lewisville, Texas, Sterling Heights, Michigan, and Canton, Michigan.

In 2017, on behalf of BOSC Realty Advisors, Mr. Waad Nadhir accepted a commendation from the City of Brea, months after accepting a Business of the Year Award from the Brea City Council.

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Waad Nadhir -How Mortgages Really Work

Waad Nadhir has been president of BOSC Realty Advisors since 1989.

Many people think that getting real estate financing is similar to signing a lease on a piece of real estate. Someone who grants a lease is a lessor or the landlord. Someone who takes on a lease is the tenant or lessee. People then assume that when they get a mortgage from a bank they are a mortgagee, the bank is the mortgagor, but this is not how real estate financing works.

Generally speaking, when you want to acquire a commercial real estate property, you do not have the necessary amount of money in order to do so. Even if you do have the entire amount in cash, it is often not smart to part away with it because you lose leverage and cash that you could use to make other deals happen.

Banks have the money that you need, but they have no interest in buying the property on their own. This means that you want to buy the property but don’t have the necessary amount of money and a bank has the money but doesn’t want to buy the property. You then go to the bank and essentially give a pledge to return principal with interest if the bank helps you. This pledge is called a mortgage. You are the one giving a pledge, which makes you a mortgagor and the bank is the recipient of the pledge, which makes it the mortgagee. You are providing a bank with a mortgage in exchange for a given amount of money.

Here’s why this is important: many people think that when applying for a mortgage, they are asking a bank for money. In reality, you are not asking for anything, but you are offering to make a deal. There is a big difference in asking your friend for an expensive piece of equipment that you could use during your vacation and asking to store your Bugatti in your friend’s garage while you are away.

You will feel very differently when you realize that you are not asking for money, but are offering a pledge to the bank.

Once you make your offer, you bankers will want to know what they will get if they choose to make a deal with you. They also want to know the level of certainty that the deal involves. For example, if the property is fully leased and comes with a rental income, then you want to communicate the numbers to your bank. Bankers know that your ability to pay off your mortgage depends on the length of your leases and quality of your tenants. Finally, tell your bankers about the cash flow surplus. Do not create a lengthy spreadsheet. Rather, summarize everything in a few sentences to build confidence that you are a wise investor who is offering a great deal to the bank just like Waad Nadhir would do.

Waad Nadhir – A Short Guide to Developing Commercial Real Estate

Waad Nadhir is a commercial real estate developer who has been successful throughout his lengthy career in the field. He is currently serving as the President and Co-Founder of BOSC Realty Advisors, and he is also a consultant for a Steadfast Companies, which is property management and development company. Here is a short guide to success in commercial real estate development.

Understand that location is the most important factor in your decision to lease or own commercial real estate. You need to pick a place that you know will have a decent amount of foot traffic, that is in an up and coming community, and is surrounded by businesses that will be conducive to your purpose. The location can ruin a good business, and it can make an average business successful.

Don’t be afraid to hold off on developing a property until it become financially optimal to do so. This is a common practice amongst professionals in the industry because some land can be worth more when developed at a later time. This is especially true if you’ve invested in land in an area you know will be on the rise in the near future.

Commercial real estate needs to be continuously improved in order to be lucrative. Customer wants and needs change all the time, and you have to update your property in order to serve these changes in interest. All things change over time, and this includes the property you rent, control, or own.

Waad Nadhir understands what it takes to be successful as a developer of commercial real estate for his company, BOSC Realty Advisors.

Waad Nadhir – Tips for Business Professionals in Leadership Positions

Waad Nadhir is a commercial real estate professional who has been working in the industry for several years. He is the current Co-Founder and President of BOSC Realty Advisors, and he also serves as a consultant for Steadfast Companies. He understands that being in a leadership or managerial position can be difficult; here are some tips for people in those positions.

When working in a leadership position, you need to be able to lead with understanding and compassion. When you have an employee who makes a mistake, for example, don’t get overly upset. You need to try and understand why the employee made the mistake in the first place so that steps can be taken to avoid it later on.

Successful leaders or managers are also able to give their employees space when completing their assignments. Trust is key to being a good leader who is respected by his or her subordinates. Don’t micromanage your employees too much, but that doesn’t mean don’t check up on them at all. Trust your employees to do their work.

Being a leader also means making sure your employees are motivated and work well together. Team building exercises are a great way to ensure that your employees are comfortable with the people around them, and that they trust themselves in the work place. Figure out the best way to motivate your team of employees, and show that you care about how hard they work.

Waad Nadhir is a commercial real estate developer who is currently working in a leadership position, and has been for several years. He takes the time to manage his employees.

Waad Nadhir – Tips for Operating Your Own Business

Waad Nadhir is a commercial real estate development professional who has been working in the industry for a number of years. He is the current President and Co-Founder of BOSC Realty Advisors, and he is also serving as a Consultant for Steadfast Companies. He is a natural entrepreneur who has experience developing his own companies; here are some business operation tips.

When you’re operating your own business, you need to think about your clientele. This seems obvious, but you need to have the consumer or client at the forefront of all your decision making processes. Think about the way your company can provide the consumer with something better than competition, or how you can offer a new spin on an old, but needed service.

In addition to thinking about the consumer, make sure you hire the right people to work at your company. You need to find hard working, enthusiastic employees who you can trust to do their jobs in a satisfactory manner. This is one of the most important aspects of establishing your business, and you need to start devoting time to finding the right professionals immediately.

Lastly, do your research on your target industry, and develop a business plan. You need to understand the industry you’re about to enter into professionally, and you also need to develop a strategy for growth as you work towards earning a profit.

Waad Nadhir has experience operating, starting, and selling companies throughout his career as a commercial real estate developer. He knows what it takes to make a business successful, and what to do to further that success as time goes on.

Waad Nadhir – Three Key Factors for Successful Retail Store Development

Waad Nadhir is an expert in property development living and working in Bloomfield Hills, Michigan. He is the President of BOSC Realty Advisors, which has consulting clients and developments throughout the United States. As a leader of the BOSC Group, Nadhir has acquired, financed, and managed several office and retail properties in the local community. Here are his three key factors for successful retail store development:

Location must have high foot traffic. Many retail businesses have moved online because getting consistent foot traffic to sustain a brick-and-mortar store can be difficult. Waad Nadhir says that finding a few areas in an urban area that could sustain many members of a business’s target audience is the first key to successful retail property development.

The overall size of the retail property must match the target audience in an area. Waad Nadhir says that in addition to location, the size of the property must be appropriate for the area. Communities with many large box stores will smother a small mom-and-pop shop, and a large retail space could be difficult to find community support for in areas that have many small boutique stores.

Correct Co-Tenancy. Sometimes foot traffic has as much to do with the neighbors’ stores as it does with your own. Stores that attract the same clientele or that attract many customers for any reason are good to have next to a new retail development.

Waad Nadhir has helped many retail development projects turn into thriving businesses.

Waad Nadhir – Rising Demand for Senior Housing

Waad Nadhir has helped companies respond to the rising demand for senior housing of all kinds across the United States. As the President of BOSC Realty Advisors, Nadhir has consulted with many developers in several different regions of the US. One of his most recent clients is Steadfast Companies, an organization with many property holdings throughout the Western United States. Nadhir has been helping Steadfast develop senior housing projects in Southern California that have to serve the community in specific ways. Nadhir has watched the rising demand for higher quality senior housing in recent years with great interest.

One obvious cause for the rise in demand for quality senior housing is that people are living longer, which means that they need places to live for longer. Waad Nadhir has seen new senior housing developments rise in his own community in Bloomfield Hills, Michigan in recent years for this reason. Because people of all income levels and backgrounds are aging, Waad Nadhir knows that senior facilities of all kinds are in demand everywhere. He has learned what different communities need in senior housing, whether it is less expensive rents, higher-end luxury facilities, or more medical services needed in facilities. New senior living developments are going up for people of all income levels and for all services needed.

Waad Nadhir has helped his community by developing properties in the Bloomfield Hills area and Southern California for many purposes over the years and he hopes that he can spread his expertise and skill to other communities as well.