Most valuation formulas are simple — the hard part is deciding what numbers belong in them. Our guide walks through market vs. investment value, normalizing NOI, direct cap vs. DCF, lease-driven risk, comparable sales, the cost approach, and how to reconcile it all, with a full worked example.
Las transacciones de bienes raíces comerciales tienen más riesgo y complejidad que las residenciales: estructuras de financiamiento distintas, términos de arrendamiento, temas de zonificación y matemática de inversión. Por eso existe la designación CCIM. Un CCIM (Certified Commercial Investment Member) ha completado un currículo riguroso en análisis financiero, análisis de mercado, análisis de decisión del […]
Commercial real estate transactions carry more risk and complexity than residential deals — different financing structures, lease terms, zoning questions, and investment math. That is exactly why the CCIM designation exists. A CCIM (Certified Commercial Investment Member) has completed a rigorous curriculum in financial analysis, market analysis, user decision analysis, and investment analysis, and has […]
Puerto Rico tiene un mercado de bienes raíces comerciales activo, y San Juan sigue siendo el centro de esa actividad. Desde oficinas en el Distrito Financiero hasta locales comerciales en Santurce y Condado, entender las opciones de espacio comercial en la capital es clave para cualquier inversionista, negocio o profesional inmobiliario. Esta guía repasa las […]
Puerto Rico’s industrial and warehouse market keeps tightening outside the metro core, as e-commerce distribution, nearshoring, and manufacturing tenants compete for a limited supply of modern space. The strongest activity is concentrated in a handful of submarkets: Bayamón, Caguas, Carolina, San Lorenzo, and the corridor near Luis Muñoz Marín International Airport. Bayamón: The Metro Area’s […]
Puerto Rico’s northwest and metro coastlines continue to draw luxury buyers who want beachfront living alongside strong long-term value. From Dorado’s gated resort communities to Condado’s high-rise skyline and the surf towns of Rincón and Isabela, waterfront inventory is limited and competitively priced against comparable Caribbean and mainland U.S. markets. Dorado: Gated Luxury and Golf […]
Puerto Rico’s Act 60 tax incentive program is entering a new phase in 2026, and anyone considering relocating to the island for its tax benefits should understand what’s changing — and what isn’t. For real estate buyers weighing a decree-driven purchase, timing now matters more than ever. What’s Changing for New Applicants Individuals who apply […]
Buying commercial real estate in Puerto Rico follows many of the same fundamentals as a mainland U.S. transaction, but a handful of local factors — bilingual due diligence, title and registry practices, and tax-incentive overlays like Act 60 and Act 22 — make working with a broker who knows the San Juan, Guaynabo, and Condado […]
Puerto Rico’s commercial real estate market opened 2026 on stronger footing than the year before, with both retail and office segments posting improved absorption and falling vacancy across San Juan, Guaynabo, and Condado. Here is what the Q1 2026 data shows, and what it means if you are buying, leasing, or investing in commercial property […]
Puerto Rico’s industrial market remains one of the tightest segments of commercial real estate on the island, with vacancy near 4.8% across roughly 14.66 million square feet of inventory. Here is what the current market looks like for anyone buying, leasing, or developing warehouse and logistics space in 2026. Vacancy Stays Tight as Pharma and […]
