JF3088: Scouting the Next Mixed-Use Hot Spot ft. Pete Montgomery

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 995 Ratings

🗓️ 17 February 2023

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Pete Montgomery is a Broker of Retail Development at CMC Properties, which has owned and managed thousands of apartments, offices, and retail stores. When CMC selects a site that it’s going to build on, Pete prospects for potential commercial tenants. In this episode, Pete discusses mixed-use development, taking calculated risks in up-and-coming markets, and what he looks for when identifying the next downtown hot spot. Pete Montgomery | Real Estate Background Broker of Retail Development at CMC Properties, which has owned and managed thousands of apartments, offices, and retail stores. When they select a site that they are going to build on, Pete prospects potential commercial tenants. Previous episode: JF2966: Mixed-Use and Commercial Development ft. Pete Montgomery Portfolio: Mixed-use development projects in Hamilton, OH Currently scouting for next location Based in: Cincinnati, OH Say hi to him at: cmcproperties.com perfectsmalloffice.com Facebook Best Ever Book: Extreme Ownership: How U.S. Navy SEALs Lead and Win, by Jocko Willink and Lief Babin Greatest Lesson: Be humble to your clients. Click here to know more about our sponsors: MFIN CON Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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1:05.0	Quick disclaimer, the views and opinions expressed in this podcast are provided for
1:09.0	informational purposes only and should not be construed as an offer to buy or sell any securities or to make or consider any investment or course of action.
1:18.0	For more information go to best ever show.com.
1:22.0	Start off small, something that's got a nice visibility,
1:25.2	but don't be scared of that stuff because commercial to me
1:28.4	is a lot easier to maintain.
1:30.4	It's a longer lease, and really, I think it's easier to make your money back on commercial side
1:34.8	Welcome to the best ever show the world's longest running daily commercial real estate
1:39.6	podcast our hosts interview commercial real estate experts every day to get you the best advice ever with none of the fluffy stuff
1:47.4	Hello best ever listeners welcome to the best real estate investing advice ever show. I'm Ash Patel and I'm with
1:54.6	today's guest Pete Montgomery. Pete is joining us from Cincinnati Ohio. He is a
1:59.8	second time guest on the best ever podcast. if you Google Joe Fairless and Pete Montgomery his
	...

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