JF924: Shopping Center Investing and Why Ugly is GOOD!

Try something new, purchase a shopping center! Our guest looks for for value add shopping centers that are ugly, strange, underperforming, etc…and turns them around! Hear about an 8 year deal and how he turns low volume tenants into a booming location!

Best Ever Tweet: If your goal is to make a lot of money specialize in your niche and focus

Michael Flight Real Estate Background:

– President of Concordia Realty Corporation and Concordia Realty Management, Inc.

– Owns office buildings, multi-family apartment buildings and developed condominium projects.

– His companies invest, develop and provide real estate services to commercial properties

– Licensed commercial real estate broker since 1986, holds a current Illinois Real Estate Managing Brokers license

– Base in Oak Brook IL

– Say hi to him at http://www.concordiarealty.com

– Best Ever Book: Halftime with Bob Buford

DISCLOSURES, LEGAL AND TAX COUNSEL: Concordia Realty Corporation is a licensed Illinois Real Estate Broker – License #478.006849.  Concordia Realty Corporation, Concordia Equity Partners LLC, Concordia Realty Management,Inc. (collectively “Concordia Realty”) and their affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction or undertaking. Concordia Realty and Concordia Equity Partners LLC highly encourage individuals and investors to seek the counsel of a qualified attorney as well as seek the counsel of a tax professional or Certified Public Accountant (CPA) to determine if there are any potential tax liabilities or consequences as a result of anything contained herein.  NO GUARANTEE: All users of this website should understand there are NO GUARANTEES of any success, outcome or profitability of any transaction or undertaking, expressed or implied by Concordia Realty, Concordia Equity Partners LLC or any of its members, shareholders, officers or affiliates and will NOT be liable for any financial or other losses or damages incurred as a result of any undertaking. Go HERE to view complete DISCLOSURES.