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: The $15.5 Million Sale of Montclair Shoppes

Waad Nadhir is the Co-Founder and President of BOSC Realty Advisors. BOSC is a real estate company that has developed properties through the United States. It also has three retail concepts, two of which were highly successful, to its name. As of September thirteenth, 2016, it also has the $15.5 million sale of the Montclair Shoppes.

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Located in Southern California, The Montclair Shoppes sold to a local investor represented by Davis Lachoff of Newmark Grubb Knight Frank (NGKF). Waad Nadhir’s BOSC Realty Advisors was represented by Ken McLeod and Tim Kuruzar.

The Montclair Shopping center is 18,889 square feet and its construction was completed in 2016. It has twelve tenants, including Tommy’s Hamburgers, Sleep Number and AT&T. Its location is highly-visible from Central Avenue, across from Costco, Target, Starter Bros. and the Montclair Plaza.

“The Montclair Shoppes are located within an area where the demand for daily-use retailers continues to grow,” said Waad Nadhir when speaking about the property.

Source: http://blaujournal.com/cbre-announces-15-5-million-sale-montclair-shoppes-southern-california/

Waad Nadhir – Differences between Commercial and Residential Financing

Waad Nadhir has been in the real estate business since 1989 and is an expert when it comes to real estate financing.

There are two big differences between commercial and residential financing of properties.

Lenders look at residential properties as personal residences. To qualify for a residential property loan, you need to show your creditworthiness first.

Lenders view commercial properties differently. They know that a commercial property is a place of business, which is why they are first interested in the ability of a commercial property to generate income. Your primary goal when seeking to finance for a commercial property is to show that it will bring more income than it will take in expenses and mortgage payments. Your personal qualifications come second. This means that in certain situations you may have less than ideal credit history, but your income-generating property may allow you to get a loan.

Another difference between commercial and residential real estate has to do with the down payment amount. Commercial properties typically require a down payment of at least twenty percent of the purchase price. Zero-down loans and mortgages are almost unheard-of in the commercial real estate industry. In addition to this, because the loans for commercial real estate are usually much bigger than the residential loans and the risks are higher, the rules are much stricter.

When analyzing the income from a commercial real estate property, lenders look at debt coverage ratio and loan-to-value ratio.

Debt coverage ratio is the ratio of net operating income from the property to the debt payments. Fundamentally, this ratio shows whether the property is bringing enough money to cover the debts for which it serves as collateral. The loan-to-value ratio compares the appraisal value of the property to the loan amount. A typical loan-to-value ratio incorporates the income strength of the property and the financial health of the buyer. While experienced real estate investors like Waad Nadhir may be able to make a deal because of their reputation, newbie investors need to pay very careful attention to the numbers.

 

Waad Nadhir – How to Find Great Commercial Retail Estate

Since becoming president of BOSC Realty Advisors in 1989 Waad Nadhir has acquired, financed and developed multiple commercial real estate properties including office buildings, shopping centers and single tenant buildings.

A lot of beginner investors in commercial real estate want to know one way to find great deals. They also want to know the name of one bank that will provide them with financing, one area of town to look for buildings, one key to success. Experienced professionals know that success is a combination of hard work, building connections and looking in many places, be it finding deals or getting great financing.

Get on the mailing lists of commercial real estate brokerages to see what their inventory looks like. A lot of commercial real estate investors want to avoid dealing with real estate agents in order to not pay any commissions. Such real estate investors forget that it’s the seller who pays the commission, so you have nothing to lose if you are a buyer.

The best way to choose a real estate agent is to interview several of them. This does not mean conducting a formal interview in a business setting, but rather meeting with a few real estate agents, talking about what they are doing and getting a feel whether you are going to be a good match or not. For example, some commercial real estate investors are afraid of agents who are also investors on the grounds that an investor-agent will keep all the great deals to him- or herself. In reality, every investor has a unique set of objectives and circumstances. Investors such as Waad Nadhir know that it’s much easier to deal with someone who understands what you do than deal with someone who is clueless about your business.

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 – How to Be a Successful Entrepreneur

Waad Nadhir is a businessman, entrepreneur, and commercial real estate professional. He is currently serving as the Co-Founder and President of BOSC Realty Advisors, and he has developed other businesses as well. Being an entrepreneur and creating your own success can be difficult, but here are some useful tips all entrepreneurs should keep in mind during their careers.

Don’t be afraid to take risks. Being an entrepreneur is all about taking risks in order to reap your rewards; don’t be afraid to take some risk in order to do big things. Doing some research before jumping into a project can help alleviate some of the unknowns, but there will always be some risk involved that can’t be helped. Learn to enjoy the risks when they pay off in the future.

Develop a strategy in order to maximize your success. Entrepreneurs need to be able to strategize when it comes to their projects so that they can rest assured their investments will pay off. This can come in the form of research, having a business model, or even simply involving yourself in an industry you already know a good deal about. A decent strategy will pay off in the long run.

Always research before getting involved in a new project. As an entrepreneur, you need to be able to minimize as much risk on your end as possible so that you have a better idea of what you’re getting into. Research in the industry, the top players, who your competition will be, and so on.

Waad Nadhir has been developing businesses for several years, and he’s sold many of his companies.

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.