jessica Mauser

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jessica Mauser

jessica Mauser

@Jessica925cre

CRE Managing Partner & Broker | Retail |Investments | Industrial | Side hustle investor | Big blended fam | Tweets are my own

San Francisco Bay Area Katılım Haziran 2021
600 Takip Edilen4.9K Takipçiler
jessica Mauser
jessica Mauser@Jessica925cre·
I highly recommend never using @QuickBooks for anything. But especially never payroll. If I had to detail the 5 months and 20+ hours of “live help” it would include no less than 3 open cases being mysteriously deleted and closed by @QuickBooks for the same exact “missing check” and being told no less than 10 times the mistake was being fixed at “top of que” Any recommendations on simple payroll service for small biz? Call it 10 employees.
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jessica Mauser retweetledi
Historic Vids
Historic Vids@historyinmemes·
Man caught on camera at the beach as the first waves of the 2004 Indian Ocean tsunami strike — 21 years ago
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Natalie Wainwright
Natalie Wainwright@natalie_OmniCRE·
Hey #CREFAM it’s me your long lost, maybe you even still know who I am, sister. When you think the #CRE industry is just different, these people are special. It’s true. Unequivocally. You talk to each other about things that matter, you care, you want each other to be better. You see in people what maybe they don’t see in themselves. It’s life changing. All these tagged people are unlike anything you’ll ever experience. Salt of the earth. I say this after so many nights of thinking it. No, it’s not a fluke. You meet people like @cre_davis @sirenacre @jessica925cre @ajstephe2121 @willcurtisccim @mrReal_Estate @yandellwood @MrsSarahMalcolm @themoregaldo @mikelincre @allencbuchanan @amycalandrino @theudot_jim @ksvecsimmons @amylancelv @liz_berthellete @malcomjess @TheJeanneHeller @debrahazelcomm @varo_cortes @boonecre @gustafsonnick @shawnpmaxey @beckreit @cjrobertssior @howardsobkov @yourtenantrep @andrewbermudez @keithauten @yumacre @kyleinserra @OfficeSpaceMtl @rgthornburgh @eddieazcre @thebrokerlist @bcperry @crewnola @multifamilyrob & so many more and think oh there’s people like this in every industry and there’s not. We/you are special and I am forever grateful. You’ve made an impact ❤️
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jessica Mauser
jessica Mauser@Jessica925cre·
Good list! When evaluating an acquisition add: 1. Market analysis of operating expenses for comparable properties. Your NNN is going up, are your new NNN inline with the market? The bank will also want to know if the jump in NNN will be sustainable for existing tenancy. 2. Existing tenancy. Are all conforming uses? Or is there a grandfathered use you can piggyback that allows for a higher/better replacement tenancy? 3. Retail specific: change in occupancy. Does this trigger sprinklers within the jurisdiction. 4. CASp Survey: ADA compliance 5. Concur on insurance, this should be started very early.
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Asset Manager CRE
Asset Manager CRE@BogdanBurlacu·
Acquisition Due Diligence Checklist for CRE Below is an outline of my acquisition due diligence (DD) checklist: Tenants a) All leases and amendments b) Vacant spaces c) Renewals and expirations within 6–12 months (including the probability of tenants renewing their spaces) d) Financial information for the tenants e) Future obligations of the landlord as stipulated in the leases (e.g., commissions, tenant improvements [TIs], etc.) Financials a) Rent rolls (to be reviewed in conjunction with the leases) b) Income statements for the past 2–3 years c) Balance sheet d) Operating budgets for the current year plus the prior 2 years e) CAM recoveries—most recent calculations and invoices sent to the tenants f) Property tax bills and utility bills g) Capital improvement schedules (with original cost, interest, and amortization schedules) h) Security deposits for the tenants (verify if what the landlord has in its books matches the leases) i) Copy of the current accounts receivable (AR) report j) Other outstanding obligations of the landlord k) Estoppel certificates from each tenant l) Tax assessments m) Review of existing mortgage documents and other restrictive covenants Property a) Title search and zoning review b) Loan documents c) Floor plans with BOMA surveys (review if the gross leasable area [GLA] of the units matches the BOMA surveys) d) Appraisal report to see the appraised value of the property e) Property condition report f) Environmental reports (minimum Phase 1; proceed to Phase 2 if applicable) g) Engineering reports (structural and seismic) h) Geotechnical reports i) Roof reports (maintenance reports and inspection reports) j) HVAC condition assessment (maintenance, service history, and third-party assessment) k) Electrical distribution (power availability and upgrades) l) Outstanding code deficiencies from the city (to check for any open orders, notices, etc.) Operations a) Copies of all service agreements (including fire alarm monitoring, fire and life safety, mechanical, elevator, plumbing, and electrical) b) Copies of all utility bills and accounts for the past 6–12 months c) Building plans—base building and TIs (CAD or PDF files) d) List of open permits e) Warranties f) Building chattels g) Discussions with current tenants to gauge their opinions about the property h) Summary of open projects i) Copies of all certificates of insurance (COIs) for the tenants j) Safety plans k) Complete tenant contact list Investment Analysis a) Discounted cash flow analysis b) Leasing assumptions for your market (market rents, rent abatement, expected vacancies) c) Cap rate analysis d) Financing analysis (if you plan to get a mortgage) Leasing a) Analyze sales/lease rates b) Review the city's plans for future developments in the area c) Zoning review d) Restrictive covenants e)All leasing inquiries in the past 2 years
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jessica Mauser
jessica Mauser@Jessica925cre·
The office sector continues to plague investors, owners, and occupiers. Outside a few bright spots, the default answer still feels like: “no one really knows what’s next.” @Costar latest look at absorption drives that home — wildly fragmented across U.S. markets. Some surprises (looking at you, KC) and some not so much (hello, East Bay my own backyard). I am no office broker - my question to those who are: What is going on in the trenches? Does this feel accurate?
jessica Mauser tweet media
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jessica Mauser
jessica Mauser@Jessica925cre·
Commercial real estate markets can turn on a dime— Industrial went from crickets in March through May 2020 to absolute gangbusters by mid-summer. Office, meanwhile, went from “solid and untouchable” to “wait, does anyone even have an office?” in the same breath. Now it’s retail’s turn. I’ll save my full prediction for later, but let’s just say it’s starting to feel a little like that “Inside, Outside, Upside Down” book— yes, with a bear in the box.
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jessica Mauser
jessica Mauser@Jessica925cre·
A friend of mine had the same issue, struggled for nearly a year. She was/is Nurse Practitioner and tried every natural cream and dietary changes possible. She was desperate and switched to steroid cream, which still didn’t help. A doctor told her to add a very small amount of bleach to the bath. Skin Infection cleared up, it turns out it was a reoccurring staph infection not eczema.
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Alex Lathery
Alex Lathery@AlexLathery·
People of X My son (18 months old) has pretty bad eczema on his feet/ankles We've tried tons of non-steroid fixes with no luck: - black seed oil - honey - oatmeal-based lotions The only thing that seems to control it is hydrocortisone What else can we try that has worked for you that isn't a steroid?
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jessica Mauser
jessica Mauser@Jessica925cre·
It’s mid day west coast retail warriors! Don’t let the led lights and conference ac fool you, it’s a ball burning 95 degrees of desert sun greeting you for evening activities. Now that we have all discussed Starbucks little ‘vacation’— we are off to bigger and better deals. Energy is high but not high as the JLL banner. And to our brave crew rolling off the rooftop— good job, you almost made it! Next up, a mimosa (hold the OJ) it might just do the trick to get you back to even before dinner. Because who needs the juice when you’ve got relationships to build! Let’s turn up the heat today—more deals, a dip in Leos pool, and just enough sun to keep us all shining. Who’s ready?
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jessica Mauser
jessica Mauser@Jessica925cre·
History repeats itself… playbook from circa 09/10. This time SBux equipped themselves with stronger termination rights. If you own a Starbucks, it’s time to re-read your “go dark provision”. A recapture provision could be a valuable tool for landlords in certain instances. Talk to your local retail brokers on a re-lease strategy: tenant activity in this category, market rents (can you replace with an equal or higher rent?) and concessions for new leases. Time to move from a passive to an offense position in the name of your p&l.
Matt Paulson@MediaKing

Starbucks is closing two of the locations we have leased to them. They didn't bother to notify us. So, that's fun.

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jessica Mauser
jessica Mauser@Jessica925cre·
Any broker who has negotiated a deal with sbux since March of 2020 should have known today’s announcement wasn’t a matter of “if” it was “when” - RIP to those in draft lease or LOI. Summary verision in teenage brainrot: Those early termination clauses came to eat.
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jessica Mauser
jessica Mauser@Jessica925cre·
I have the same $20 bill in the pocket of my jeans since at least June. Each time I wash my jeans, I find the bill in the dryer and stuff it back in the pocket of said jeans. I have no idea why I keep doing this. But it feels right. That’s all.
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jessica Mauser
jessica Mauser@Jessica925cre·
@HunkyDoryTX C - this is not a cookie cutter deal (enviro, zoning, tenancy, ect) so call me if it’s interesting.
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Landan Dory
Landan Dory@HunkyDoryTX·
UNPRICED LISTINGS: What the seller/broker wants you to think: “This will be a competitive, multiple-offer bidding situation where the best offer wins” What it probably means: A) “I have no clue what this is worth and I need the market to tell me” B) “We are so ridiculously overpriced that I’m ashamed to tell you what we’re asking for this” Missing anything?
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jessica Mauser
jessica Mauser@Jessica925cre·
@natalie_OmniCRE You just let me know what you are looking for, maybe I have something else up my sleeve 😘
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