Scheer Insights

We’ve been working on acquiring a portfolio of properties in the Maryland suburbs of Washington DC. This portfolio is largely older buildings, a mix of industrial, medical, neighborhood retail and office. We carefully developed assumptions for leasing these properties and what the likelihood of deferred......

Empower Montgomery recently commissioned Sage Policy Group to analyze the economy of Montgomery County, Maryland. The results show a county in economic decline while the country and neighboring counties are thriving. Some key notes from the report include: Montgomery County netted 6 new companies between......

We recently acquired a building and went to the market looking for an equity partner. We needed someone to put up more than $5.5 Million of equity. We talked to several partners and at the time I viewed them all as essentially the same, large......

I have been trying to absorb as much information about the state of capital markets for Real Estate as I can. Reports on the “State of the Market” always pop up around the new year and I have been reading as many of them as......

1031 exchanges have a huge impact on the real estate market. I was recently looking at a property for Scheer Partners to acquire but lost out to an out of town buyer who had to complete a 1031 exchange. My uncle recently sold his home......

I previously wrote about how many investors are proceeding with caution because assets are starting to command higher and higher purchase prices and that the market may be overpriced. I took this statement as factual because of the many accomplished industry veterans who alluded to......

I was fortunate enough to attend an event with DC’s “The Real Estate Group” last week. During the dinner, Dean Adler, founder of Lubert-Adler Partners LLP, spoke to all attendees about some of his principals for investing. I thought many of them applied well to......

A few months ago, I attended a talk hosted by Bisnow “State of Montgomery County” and a conference hosted by IMN “U.S. Real Estate Opportunity & Private Funds Investing Forum”. It seemed that most investors were concerned about the rising cost of real estate. Many......

Greetings. This is Matt Brown, I oversee Acquisitions and Underwriting for Scheer Partners in Rockville, MD. I am starting this blog to share some of the insights I gather about real estate that I gain from conversations with industry experts, market reports, real estate conferences......

The area of North Rockville has gone through cycles of being an active and thriving market to the highest sustained vacancy rate in suburban Maryland. Nonetheless, it is still the nexus for a highly skilled workforce, and offers convenient access to exploding developments and prime......

The open houses for the Bus Rapid Transport (BRT) have begun in Montgomery County last week.  Which means that slowly but surely BRT will be coming to our county—and it could not come faster in my opinion.  BRT will help connect businesses, provide transportation options,......

Those Seeking Results-Focused Real Estate Solutions Should  Scheer Partners capped off a successful 2016 and will continue to deliver comprehensive real estate solutions to the region in 2017.   How will Scheer Partners achieve this? By elevating the firm’s entrepreneurial spirit and capitalizing on the staff’s......

When it comes to selecting a property management company to operate your facilities, here are a few tips to keep in mind during the selection process: Customer Service. Select a property management company that is prompt, courteous, and eager to help prospective tenants through the......

Join us for upcoming free webinars lead by industry and economic experts in the region. Thursday, September 15th at 2 PM. Transportation, construction developments, oh my Bethesda! Register here. Thursday, September 22nd at 2 PM. Understand what is the most important ‘thing’ your business must......

Join experts from Scheer Partners, Recurrent, LLC, Montgomery County Division of Environmental Policy & Compliance, Department of Environmental Protection, and the US EPA ENERGY STAR program  for an informative webinar on cost savings strategies through energy benchmarking. Hear from the experts on: How and why energy......

Big news folks, the Financial Accounting Standards Board is modifying how real estate leases will be presented on a company’s financial statement. (YAWN) But wait, this is very meaningful to both real estate owners and tenants, especially if you borrow (LOL). Click here for the details....

The project, which has been designated the “Number 1 Transportation Priority for Montgomery County,” is slated to begin construction in the early spring of 2016 and the estimated completion date sometime in 2018. The road construction project has spurred on two residential and commercial developments. Watkins Mill......

As we sit in our buildings throughout the region, we’d like to think that we’re protected from emergencies by our sprinkler systems, electronic alarm systems and staff. However, much as we don’t want to think about it, an emergency situation can happen, and your building......

The lease agreement that designates the lessee (the tenant) as being solely responsible for all of the costs relating to the asset being leased in addition to the rent fee applied under the lease. The structure of this type of lease requires the lessee to......

If your buildings are less than 31 percent occupied and have been so for more than 60 days, you need special vacant commercial real estate insurance. Commercial real estate owners are often shocked to learn their buildings are no longer insured if they become vacant......

Did you know the average commercial building wastes 30 percent of the energy it consumes? That means that if you haven’t done anything to save energy, chances are, you’ll find many opportunities to improve. Start with having a conversation with your property management firm about some......

Dear Friends, Optimism. That is the one word that comes to mind when I think of 2015. With a recovering and some would say rebounding economy, a new Governor and a revitalized Montgomery County Executive, we at Scheer Partners are encouraged that this year we......

  It’s hard to believe another year has come and gone.  2014 has been an exciting year.  The team here worked tirelessly on transactions, nurturing client relationships, forging new ones, and we had a great time doing it.  We not only achieved our target goals......

In his inauguration address this week, Montgomery County Executive Leggett pitched a six-point economic plan that frames the county’s proposed business initiatives.  The first point in his six-point plan was the county’s MOVE program where he asked for $30 million more in program funding.  The exciting program offers financial......

The team here at Scheer Partners would like to wish everyone a very happy Thanksgiving. Here’s some of the things we’re thankful for this year: “I am thankful for the loyalty and camaraderie of the great team at Scheer Partners.”  Robert Scheer, President & Founder “I am thankful......

Just as companies had to wire their buildings to meet internet demand, planning for adequate wireless coverage is critical to a smart commercial real estate plan today. So when it comes to wireless, the most important feature, naturally, is availability.  It’s no use trying to get......

The politicians talk about a “jobless recovery”.  But, what is the real effect on the local commercial real estate market? In the last 5 years, Montgomery County has economically rebounded.  Unemployment has dropped from 5.6% to 4.4% and the annual Maryland GDP has increased by......

1   SAVE TIME: This reason is especially true for the business owner who invariably wears too many hats already. You have enough to do in your day-to-day to take the time to compile and review listings, call listing agents, schedule and arrange property tours, write......