Navigating Commercial Real Estate in Washington DC During Any Market

How do you confidently invest in turbulent markets? Dive into the world of #DC commercial real estate development with insights from Sunil Chhabra, Senior Managing Partner at ONE Street Commercial Properties.
It's not just about the numbers, but also the experience, skill, and strategic alliances that matter.
From acquiring land to maximizing site efficiency, navigate the Washington DC Metro real estate terrain with a local partner who's been through it all.
At ONE Street Commercial Properties, we've already made the mistakes and learned from them so you don't have to. Visit www.onecommercial.one/ to talk to advisor or learn more about us.
Transcript:
I mean, when we get into true development projects, and I'm not talking about like single family flips or small two, three unit buildings. I mean, those are great projects. And if the math works, the math works. I always say that. Let's, does the math math, is what I'm saying, right? So if the math maths, then it's a great project. But when you start getting into true development plays, which I consider projects that are 10, 15, 20, 30, 40,000, 50,000 square feet, 10s, 20, 30 units, 40 units plus, 50 units. Those are true development plays that require a lot of skill. And they're not something you can just make, do trial and error on. You can't just make, can't get in and say, oh, I'll make mistakes, I'll figure it out. You have to have the know-how, the experience of navigating a project from A to Z, from acquisition. You know, we always say the money's made when you buy the land. The acquisition through the entitlement period, getting the permits, knowing how to navigate your local jurisdictions, and then coming up with an efficient project that works and learning and knowing how to maximize that site. All the while you're, you know, you've got your debt typically in place when you purchase the acquisition, or in some case you buy the land in cash, if you have it and you add the debt on later. But if you're an investor, there's nothing better you can do than align yourselves with an operating partner who's been through the gauntlet, who's made mistakes.