Showing posts with label Property Management. Show all posts
Showing posts with label Property Management. Show all posts

Monday, 27 February 2017

Waad Nadhir: City of Brea Commendation

Waad Nadhir is the Co-Founder and President of BOSC Realty Advisors. He has decades of experience through the company and, since 1989, Mr. Nadhir has achieved impressive success through the company. 

BOSC has developed commercial properties across the United States. It has also developed three retail concepts – two of them became highly-successful endeavors. Waad Nadhir has, as President of BOSC Realty Advisors, acquired, developed, financed, leased and managed shopping centers, office buildings, medical office buildings and single tenant buildings for Blockbuster Video and CarChoice Automotive Superstores. 


In recognition of the company’s excellence, it received commendation and recognition from the City of Brea on February seventh, 2017.

The Brea City Council recognized BOSC Realty Advisors for several noteworthy accomplishments, including a commitment to ‘green’ design for future developments, the revitalization of assets, the 2016 Business of the Year Award and a significant contribution to the success of Brea.
As the Co-Founder and President of BOSC Realty Advisors, WaadNadhir graciously accepted the City of Brea commendation. 


 

Monday, 5 September 2016

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.

Tuesday, 23 August 2016

Waad Nadhir - How to Lead in a Professional Setting

Waad Nadhir is a business owner, entrepreneur, and commercial real estate developer who has experience working in leadership positions for several companies. Leading in a professional setting can be difficult, and there are some things that all business leaders should understand when it comes to working with their employees. Here are some tips for leading in a professional setting.

As a leader in business, you need to trust the people who work for you. This is essential to having a productive work environment because it will mean that you don’t micromanage through your position. Having trust in your employees means that you believe they are capable of completing daily tasks without your supervision, which will keep things running efficiently.

Always lead with compassion and understanding. If you have an employee who regularly completes their work without issue, don’t get overly upset when a mistake is finally made. Simply address the mistake with your employee, and use it as a learning experience for all those involved. This will also make your employees feel comfortable in the work place.

You need to understand the difference between a lack of motivation, and a lack of skill when dealing with an underperforming employee. If there is a lack of skill, these can be taught in a relatively short amount of time, but a lack of motivation will require more care on your part as a leader. Figure out what motivates an underperforming employee, if it is not an issue of skill.

Waad Nadhir has been a leader for a variety of businesses, including the companies he founded himself; he trusts his employees.

Saturday, 6 August 2016

Waad Nadhir - Three Useful Tips for Making Your Commercial Properties Profitable

Waad Nadhir is a commercial real estate developer who has been working in the industry for several years. He is currently the President and Co-Founder of BOSC Realty Advisors, which is known for developing and acquiring commercial properties. Here are three very useful tips for commercial real estate owners to keep in mind as they make their properties profitable. 

Development is perhaps the best way to make money from your property, but it can also be the most difficult. Developing your property requires you to consider the financial aspects of the development itself, get the land approved for development before you even begin, as well as construction and building permits as well. 

You can also make money from your property by rezoning before you develop. Sometimes land is zoned for a particular purpose or reason, but can be rezoned later on down the road. Waad Nadhir, as a consultant for Steadfast Companies, was able to obtain a Conditional Use Permit in Santa Barbara, California so that the company could develop a senior housing project instead of an office building. 

Don’t forget that you can hold your land, and save any changes for when the area becomes more lucrative. If you purchase a commercial property in an area that’s on the rise, it may be more beneficial to wait for the right time to start developing or making any changes. Having patience can be more beneficial than making any developments right after your purchase or lease.
Waad Nadhir understands how to make commercial real estate properties profitable, and he strives to do that for every property his company is involved with.