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. 

Source: http://bosc.com/2017/02/09/city-of-brea-commendation/

 

Waad Nadhir - Real Estate Negotiations

As co-founder and President of BOSC Realty Advisors, Waad Nadhir has an extensive experience in real estate negotiations.

You may have a lot of work ahead of you even after you find a commercial real estate property you’d like to buy. Let’s assume that you found a property that you’d like to acquire and it costs $500,000. If you have $500,000 in cash in the bank, then you can simply make an offer for the asking price, sign a contract, wire the money and close the deal. If you have an approved line of credit for a bank for the required amount, then the transaction will also be easy.

However, it is also possible that you do not have the full amount of money in cash or credit line. You may not be willing to pay the asking price. In this case, you will have to negotiate the price, size of down payment, loan terms with your bank including interest rates and collateral, lengths of tenancy leases and so on.

The key to every negotiation is preparation. You want to collect as much information as possible about the property, the sellers and their reasons for selling the real estate. For example, if you find that the seller or the real estate agent are slow to respond, unprofessional and sometimes even rude, then you know that your competitors will most likely pass on the deal and you will have more leverage in the end.

Negotiations are called negotiations because they include give-and-take. You need to establish what is important to the seller and be clear with yourself about what is important to you. It is ideal if different parties care about different things. Experienced professionals like Waad Nadhir can easily make a deal in this scenario.
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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 - Success Tips for Entrepreneurs in the Professional World

Waad Nadhir is a successful real estate developer and natural entrepreneur who has been working in commercial real estate for 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 has experience operating his own companies, and can help other entrepreneurs as well.

When you want to be a successful entrepreneur, you have to do your research. This is key when making investments in companies, starting your own companies, or supporting those companies you think need it. Make sure you do research on the various businesses that will serve as your competition, as well as the typical clientele your company will most likely work with at your company.

A successful entrepreneur will also keep the consumer at the top of the priority list. Consumer wants and needs change at the drop of hat, and quite frequently. You need to be ready for these changes in need, and make sure that your company can adapt. As you become more successful, you will be able to notices these shifts in consumer trends before they really take hold.

Don’t forget to diversify. Entrepreneurs rarely are involved in one project at a time, unless that project demands their full attention. Just like investors, entrepreneurs need to diversify in order to get the most out of their money. The more companies you’re involved with, the better your chances of success.

Waad Nadhir is dedicated to his career in commercial real estate, and he is a natural entrepreneur in the professional world; he knows what it takes to create a successful business.

Waad Nadhir - Three Things to Consider While Developing Commercial Real Estate

Waad Nadhir is a successful commercial real estate developer who has been working in the field for several years. He is currently serving as the President and Co-Founder of BOSC Realty Advisors, and he understands how to be successful in the industry. Here are three of the most important things to consider when developing commercial real estate.

First, consider risk and return. In order to make a profit from commercial real estate development and property, you need to figure out how you can use it in the most efficient way. You don’t want to put too much money into a project if you don’t think the return will be worth it. Make sure you consider all of the risks going into a project before you start developing.

Second, consider holding the properties you buy. Some properties that you buy may not be worth developing at first, but can become more profitable as time goes on. This means you need to hold some of the properties you buy until they become profitable. BOSC Realty has owned both Brea Plaza in California, and Topinka’s Plaza in Michigan for twenty-five years.

Third, make continuous improvements on your properties. Commercial real estate development is all about make constant improvements to the properties in your portfolio. Consumer wants and needs change, and so do communities themselves. In order to keep up with these changes, you have to make improvements in order to remain profitable.
 
Waad Nadhir is dedicated to his career as a commercial real estate developer, and he continues to grow the success of BOSC Reality Advisors with every new project.

Waad Nadhir - Three Essential Factors in Retail Property Development

Waad Nadhir is an expert in property development, as the President of BOSC Realty Advisors, he has helped develop several retail and office space properties throughout Michigan and beyond. Nadhir is also a consultant for other companies. Here are his three essential factors in retail property development:

• Foot traffic. For any brick and mortar store to survive, it must be set up to sustain and attract as much foot traffic as possible. Waad Nadhir tries to set up new developments in high-traffic areas of a city or community. Rents are higher her for store owners, but it is well-worth it for sustained business success.
• Size of the new development. The size of the incoming store must match the needs of the community. A store too big will draw community resentment, and retail properties that are too small won’t have a chance. Waad Nadhir helps developers find this tricky balance by working closely with the community and understanding its needs before he begins work on a new retail space. Having a small retail space next to a large one can be profitable, but more than one in the same area as a large retail space is usually too risky.
• The right tenant mix. The stores around the retail space should complement the new business’s products or services. The new retails space should cater to relatively the same demographic as all the others.

Waad Nadhir has helped developers negotiate and find the best balance for their new properties.

Waad Nadhir - The Entitlement Process for Properties in California

Waad Nadhir is expert in the world of entitlement properties in California. One of the many projects that Steadfast has been sponsoring since Nadhir started working with them is a series of senior living developments in Southern California. Due to zoning and property development laws in the state, the entitlement process can be very complex and lead to many costly delays if not followed carefully and properly. Nadhir has helped BOSC Realty navigate this process numerous times in his career.

Development projects need approval from the community where the development is taking place to proceed. The entitlement process exists to ensure that both the developers and the community are getting what they need and want from a specific project. Waad Nadhir works to establish relationships with community leaders and to iron out any legal issues (such as zoning or community dissent) before any work on the development starts to avoid problems that could delay or halt the project. Waad Nadhir also sets up a positive community outreach system to build good publicity for a new entitlement project in a given area.

Waad Nadhir built his reputation on his experience and knowledge of the development process in different parts of the United States. His experience running his own retail businesses also helps in his work today as a property development specialist and consultant. He has completed many projects in many different communities.

Waad Nadhir - Three Strategies for Making Profits off of Your Land

Waad Nadhir is an experienced property developer and knows how to make profits from land ownership. He has many years of experience as a broker, business owner, and property developer. He is currently the President of BOSC Realty Advisors in Bloomfield Hills Michigan, where he works hard to acquire and finance new properties and consult with other property developers from all over the country. Here are three strategies for you to make profits from your land:

• Rezoning and developing. Waad Nadhir has helped companies that have acquired land zoned for a specific purpose and developed the land when it becomes rezoned. Sometimes land zoned for residential use in some areas is more valuable than land zoned for industrial work, for example. It all depends on the location and the general economic state of the region the land sits in, among other factors. Most recently he obtained a Conditional Use Permit for Steadfast Companies in the Santa Barbara, CA area so they could convert an office building into a senior housing project.

• Development. This is the bread and butter for Waad Nadhir and his employees at BOSC Realty Advisors. Development is probably the most lucrative and the most difficult way to make a profit from your land holdings. There are the costs of getting it approved for development, the construction costs, themselves, and building permits to start and ultimately leasing the project.

• Buying and holding. Sometimes the best thing to do with your land is hold it and wait for it to become a more ideal place for development or rezoning. You’ll need to know the general land property value in the surrounding area to make this work in the long term.

Waad Nadhir has many years of experience helping to finance, acquire, and develop properties.