Chris Kamberis Gives Tips on Monitoring Real Estate Trends

Vacancy rates provide an overall view of the supply and demand for commercial real estate in a given location.

Kansas City, MI - July 21, 2019 /MarketersMedia/ —

Chris Kamberis is the founder of CTK Real Estate. He emphasized some of the aspects experts look at when investing in commercial properties. The unemployment rates in Kansas City, MO continue to drop from 2009 levels of 10.9% to its current 6.3%. Kamberis feels that the drop in unemployment and strong fundamental trends are helping support the robust Kansas City real estate market and driving property prices upward. The success of CTK Real Estate has been based on its process of examining and analyzing all aspects of the potential property development projects, from local vacancy availability and its proximity to amenities, to trends in rental yields.

Vacancy rates provide an overall view of the supply and demand for commercial real estate in a given location. However, investors also require knowledge for which projects are currently underway and will increase the supply of property and the relative appeal of each building. Chris Kamberis highlights pedestrian traffic as providing a boost in the attractiveness of commercial properties. CTK Real Estate uses its detailed knowledge of the market in Kansas City, which allows them to interpret trends and identify the next successful project. “The reinvigoration of the downtown districts has kept commercial properties leaving the rental books in those areas, and vacancy rates continue to be low for properties around the Plaza and other downtown areas,” says the CTK Real Estate founder.

Trends in rental yields are also an important indicator of the overall direction of the property market and help support the initial investment into the project. However, the necessary knowledge comes from the details in each property, including the proximity to the amenities that can be useful such as transport routes, parking, recreational spaces, and other facilities. Equally, the quality of the property can be a factor, with new and attractive buildings often getting a premium above the market average for properties of a similar size. CTK Real Estate possesses a premium of experience in the commercial market, allowing it to target well-positioned properties for developments. Chris Kamberis has examined the underlying trends in rental yields and has found strong growth for new commercial properties with modern amenities, noting that high premiums are made for modern foyers and meeting rooms, as well as staff break areas and bathrooms. These can help attract businesses towards more property as they are more likely to invest in facilities that boost customer confidence and staff morale.

The strongest property trends actually sit outside the direct property market data and include the overall population growth, employment statistics, and business performance. All three of these factors show the willingness of new businesses to decide on a location and the willingness of existing business to expand their operations. Kansas City has continued to show extremely good fundamentals with declining unemployment, increasing population growth at the rate of 3.1%, and business confidence, which has continued to rise across the Midwest.

Chris Kamberis is the Founder and President of the CTK Real Estate, a top commercial Real Estate Development Company based in Kansas City. He oversees projects on behalf of each of his clients, and has a solid track record for accurately recognizing movements in the real estate market and for optimizing potential for everyone he works with, including Starbucks, Bank of America, and other Fortune 500 companies.

Chris Kamberis - Property Expert and Founder of CTK Real Estate: http://www.chriskamberisnews.com

Opus Development plans 256 apartments over retail in Westport: http://www.bizjournals.com/kansascity/news/2017/03/06/opus-development-westport-256-apartments-retail.html

New Westport player flips one of his properties for Opus' redevelopment: http://www.bizjournals.com/kansascity/news/2017/03/07/ctk-group-developer-chris-kamberis.html

Contact Info:
Name: CKN
Email: Send Email
Organization: ChrisKamberisNews.com
Website: http://www.chriskamberisnews.com

Video URL: https://www.youtube.com/watch?v=funrhyA-zJI

Source URL: https://marketersmedia.com/chris-kamberis-gives-tips-on-monitoring-real-estate-trends/88899278

Source: MarketersMedia

Release ID: 88899278

Latest News

Threat to US elections not limited to Russia in 2020

Dec 15, 2019

WASHINGTON — Russia interfered in the 2016 election and may try to sway next year's vote as well. But it's not the only nation with an eye on U.S. politics. American officials sounding the alarm about foreign efforts to disrupt the 2020 election include multiple countries in that warning. Concerns abound not only about possible hacking of campaigns, but also about the spread of disinformation on social media and potential efforts to breach voting databases and even alter votes. The anxiety goes beyond the possibility that U.S. adversaries could directly affect election results: The mere hint of foreign meddling could...

China says US has 'weaponized' visas to target exchanges

Dec 15, 2019

BEIJING — China on Wednesday accused the U.S. of having "weaponized" the issuance of visas following the reported inability of a top Chinese space program official to obtain permission to travel to a key conference in Washington. Foreign Ministry spokeswoman Hua Chunying told reporters that the head of the Chinese delegation to the International Astronautical Congress wasn't able to obtain a visa following an Oct. 12 interview, making it difficult for Chinese representatives to attend important events at the meeting. Reports said the vice chairman of the China National Space Administration, Wu Yanhua, had planned to attend the congress. Hua...

Huawei exec: Chinese tech giant wants to be 'transparent'

Dec 15, 2019

WASHINGTON — A top executive of Chinese tech giant Huawei said Friday that the company is prepared to be "open and transparent" as it looks to persuade the U.S. government that it can be trusted and that national security concerns about its technology are unfounded. "The first thing we need to do is we need to demystify this company," Paul Scanlan, chief technology officer of Huawei's carrier business group, said in an interview with The Associated Press. "We are a Chinese company, we are based in China, the majority of the people are ethnically Chinese, so there's nothing to say...

Illegal BASE jumper calls police after cell tower mishap

Dec 15, 2019

MENOMONIE, Wis. — A BASE jumper who jumped illegally from a northwestern Wisconsin cellphone tower ended up calling the police on himself after his parachute became caught on a guy wire, leaving him dangling perilously 50 feet (15 meters) from the ground. Police say the 20-year-old man jumped from the 300-foot (90-meter) Charter Communications tower in Menomonie on Thursday morning. After his rescue at around 9:30 a.m., the man was treated at Mayo Clinic Health System and arrested for criminal trespass. BASE jumping stands for building, antenna, span and earth — the four common objects from which BASE jumpers launch...

China criticizes Apple for app that tracks Hong Kong police

Dec 15, 2019

HONG KONG — Apple became the latest company targeted for Chinese pressure over protests in Hong Kong after the ruling Communist Party's main newspaper criticized the tech giant Wednesday for a smartphone app that allows activists to report police movements. HKmap.live, designed by an outside supplier and available on Apple Inc.'s online store, "facilitates illegal behavior," the People's Daily said in a commentary. "Is Apple guiding Hong Kong thugs?" the newspaper said. Beijing has pressed companies including Hong Kong's Cathay Pacific Airways to take the government's side against the protests, which are in their fourth month. Apple didn't immediately respond...

About Us

Science Tech Today is all about the present with what’s new in the Science and Technology world. “Keep up with today, and don’t be left behind.”

Subscribe Now!