Buying or Selling a Like Very Few Do in Quebec!
Transcription
Buying or Selling a Like Very Few Do in Quebec!
Buying or Selling a Multi-Family or Commercial Building Like Very Few Do in Quebec! Albert Sayegh Certified Real Estate Broker | Managing Partner RE/MAX Du Cartier A.S. ‐ Commercial Division (514) 369-2248 BRIEF BIO… ALBERT SAYEGH, Certified Real Estate Broker • • • • • • | Managing Partner Graduate of HEC Montréal, University of Montreal’s Business School 11 years at IBM Canada Ltd - General Business Group (Enterprise Solutions) Last position held at IBM: Marketing Operations Manager, Eastern Canada 10 years as a Real Estate Broker specializing in income properties, i.e. Multi Multi-Family Family and Commercial Buildings Ranked « No. 1 Broker for 2013 » at RE/MAX du cartier TMR Ranked « Top Broker in the Province of Quebec » in August 2014 • Albert is a member of the Canadian Commercial Council of Realtors®, RE/MAX International Hall of Fame, Greater Montreal Real Estate Board and OACIQ, the province’s real estate governing body. 1ER COURTIER DU QUÉBEC Classé 1e courtier du Québec en août 2014 sur ± 3,000 courtiers RE/MAX. No. 1 2013 Meilleur courtier individuel en 2013 RE/MAX du cartier - VMR EXAMPLES OF BUILDINGS RECENTLY SOLD/PURCHASED SOLD /PURCHASED Multi-Family - $3,980,000 36 apartments Semi-Commercial - $1,495,000 8 apartments + ground floor office MONTRÉAL | LAVAL | SOUTH--SHORE | LOWER LAURENTIANS SOUTH Multi-Family - $2,980,000 32 apartments Multi-Family - $3,350,000 32 apartments Semi-Commercial - $1,450,000 4 apartments + ground floor store 2 | Multi-Family - $1,325,000 12 apartments Commercial Building - $995,000 Office Building Multi-Family - $955,000 6 apartments One of the most qualified team of professionals in Multi-Family and Commercial Buildings will ill lead l d you to t a successful f l transaction t ti Access to a full-service team will make a big difference Engineers for Environmental Site Assessments (Phase I, II & III) Bankers with experience in income properties Chartered Accountants for advisory services Lawyers practicing real estate law Professional Appraisers General Contractors Land Surveyors Notaries Whether you wish to finance a new building or refinance an existing one, you can count on our vast mortgage lending experience When asked or needed to facilitate a transaction, our team will personally negotiate mortgage loans, bridge loans and other credit facilities on behalf of clients (buyers or sellers). Our vast experience with Multi-Family and Commercial buildings position us as leaders in this field. In depth knowledge of the Multi In-depth Multi-Family Family & Commercial Building mortgages. Some testimonials from clients, bankers and Notaries... Jack Cankul - Client «… Dear Albert, I am happy to write these few lines to tell your clients that first and foremost you are not the typical real estate broker we meet every day... You bought and sold 7 buildings for me in the last 3 years, all multi-families ranging from 7 to 40 apartments. You sold 4 and bought 3 in a consistent controlled manner whereby you did a thorough due diligence and ended up mastering the file and its fine print better than I… Your understanding of income properties is impressive, like a handful of people I know, and your entire team is truly superb, including the bankers you introduced me to. The experience level is exceptional. Cheers and I look forward to many more! » Rénald Dugas - Client « ... My building was previously listed by another broker for many months and it didn’t sell. I called you when my mandate expired and asked you to come by and signed up with you. You quickly gave me good advice on how to improve the building’s general impression and increase curb appeal. You advertised heavily in The Gazette, La Presse and your own client database. Shortly after, lo and behold 9 offers were received and it’s one of your clients who ended up buying the building. The price was exactly what we discussed and the conditions excellent. Thank you. » Robert Grondin - Banker « ... I deal with many real estate brokers and it’s rare to meet ones that have your experience in multi-family and commercial buildings. It’s indeed a whole different thing to finance an income property than a single dwelling. It’s a speciality that has its own set of rules and regulations, not to mention the CMHC guidelines that can be tricky. To this regard, I can confirm with ease that you Albert have it and your experience cannot be questioned. Working with you and your clients is always a pleasure considering your deep understanding of each file and most importantly the building you are proposing. I wish you continued success and look forward to working with you for quite a while. » Me Yasmine Bensalem - Notary « ... To start allow me to wish you and your family a happy and healthy 2014. It’s my pleasure to inform the clients I am writing to that you have an excellent and outstanding understanding of the income property real estate, be it multi-families or commercial buildings, regardless of their size and or complexity. The number of transactions I see you complete in a single year attests to my level of confidence. In a word, your files are always complete and extremely well presented. There is never a surprise and I have little else to add, other than you do a great job! » Ap process that g guarantees a successful transaction Should you be planning on buying or selling a building, Albert and his team will assist you in getting things ready. From preparing a detailed revenue and expense statement, assembling all the documents (i l di the (including h lleases and d notices i off iincreases)) to putting i together h the final presentation which explains the opportunity and financial return: Walk-through the property Breakdown of all the building’s revenue & expenses Run R th the fi financial i l metrics/analysis ti / l i Examine the different buying / selling options Line-up the financing to facilitate the transaction right from the start Present the final numbers based on a pre approved cap rate, specific p financing g conditions and detailed 5-year y financial analysis y The idea is to always facilitate the transaction Some of the reports that will be meticulously prepared for the building you wish to buy or sell Rent Roll Revenue and Expense Statement Financing Scenarios Acquisition Cost 5-Year Profitability Analysis C Cash-on-Cash C Return Capital Repayments Exit Strategies Rent Roll Compiling and Examining the Rent Roll Detailed review of each lease and each notice of increase. Net Operating Income and Economic Value Reports take into account CMHC expense guidelines, guidelines when applicable A detailed analysis to calculate the Net Operating Income. 5-Year Financial Analysis Detailed Profitability Analysis A detailed financial analysis to calculate the cash-on-cash return, capital repayments & building appreciation over time. Promoting and selling buildings like very few do Each building is unique and has its own attributes, be its location, architecture, size, price or current state. That’s why our advertising is individually tailored for each building that we list. Consider : Ads in the dailies like The Gazette, La Presse and le journal Les Affaires Bi-weekly mailing to a large pool of investors informing them of the latest buildings that are for sale Ads in the icx.ca website where only Multi-Family and Commercial Buildings are permitted to be advertised All our properties are listed in the Remax-Quebec website, the most visited real estate website in Quebec with ± 700,000 unique visitors each month Strong presence on all the social media websites, like Facebook, Twitter, Linkedin, etc. If you’re thinking of buying or selling a building, do not hesitate to call. Our Team is ready whenever you are... are Albert Sayegh Certified Real Estate Broker | Managing Partner RE/MAX Du Cartier A.S. ‐ Commercial Division (514) 369-2248 Albert is President of RE/MAX Du Cartier A.S. a licensee of RE/MAX Du Cartier Inc., Quebec’s largest Real Estate Agency with ± $600 million in annual sales and 4 offices in the Greater Montreal Area Outremont | Mont-Royal | Villeray | Plateau Mont-Royal
Similar documents
RE/MAX Du Cartier AS
RE/MAX Du Cartier A.S. negotiates mortgage loans, bridge loans and other credit facilities on behalf of buyers and sellers to facilitate and firm up a transaction. The financing experience and numb...
More information