EPISODE · Sep 18, 2025 · 55 MIN
Multi-Family Exhausting You? Here's What You Can Do About It
from Commercial Connections: Investing with Confidence · host René Nelson - CCIM
💌 STAY AHEAD YOUR WAYWant smarter insights, market trends, and strategies delivered straight to your inbox? Join the Commercial Connections Newsletter — a quick, actionable read for brokers, investors, and CRE professionals. 👉 Subscribe now📅 BOOK A CALLIf you’re a family-owned apartment owner in Oregon, you don’t have to navigate your next move alone. From 1031 exchanges to retirement planning, I help owners protect equity and plan for the future. Schedule a strategy call🎙️EPISODE SUMMARYIn this week’s episode of Commercial Connections, we sit down with Rae Nomura (SVN | B+RE), an investment broker with an appraiser’s eye, to unpack how mixed-use and retail assets really pencil, where “mis-marketed” deals hide, and how 1031 buyers can move from overwhelm to confident execution. We discuss: ⦿ Mixed-use the right way—underwrite components separately, then reassemble ⦿ Matchmaking buyers to assets and spotting mis-marketed upside ⦿ Case study: 5 retail condos in Milwaukie (dual HOAs, leases, pass-throughs) ⦿ Case study: Walgreens → NAPA sublease at a 10.6% cap (Pendleton) ⦿ 1031 playbook: start early, identify three, and negotiate by the numbers📝 EPISODE THEMES 00:00 – Introduction & who Rae is (broker with an appraisal background) 01:20 – Appraisal → brokerage journey; retail & mixed-use niche focus 03:05 – Mixed-use underwriting: split MF vs. retail, then recombine 05:15 – Investors seeking stability; boomers pivoting from multifamily 06:40 – Matchmaking process & finding mis-marketed opportunities 12:05 – Case study: Milwaukie retail-condo deal (tenants, HOAs, pass-throughs) 16:20 – Negotiate via NOI: reimbursements, reserves, correcting the numbers 25:05 – Case study: Walgreens subleased to NAPA (structure, return, risk lens) 30:10 – 1031 strategy: start searches early, identify 3, use a strong accommodator 33:20 – Markets & deals: Portland value, Prineville/Redmond momentum, strip-center tenant mixWhether you’re a current business owner or a would-be buyer, this episode offers practical advice for navigating the challenges and maximizing the opportunities in business transactions.🔗 CONNECT WITH RAE NOMURA LinkedIn: https://www.linkedin.com/in/raenomuramaiccim/ Book A Call: https://calendly.com/rae-nomura Email: [email protected] Phone: (503) 575 8065 🔗 CONNECT WITH ME#CREInvesting #1031Exchange #DSTs #REITs #PassiveIncome #CommercialRealEstate #InvestmentStrategy #MultifamilyHousing #FinancialLiteracy
What this episode covers
💌 STAY AHEAD YOUR WAYWant smarter insights, market trends, and strategies delivered straight to your inbox? Join the Commercial Connections Newsletter — a quick, actionable read for brokers, investors, and CRE professionals. 👉 Subscribe now📅 BOOK A CALLIf you’re a family-owned apartment owner in Oregon, you don’t have to navigate your next move alone. From 1031 exchanges to retirement planning, I help owners protect equity and plan for the future. Schedule a strategy call🎙️EPISODE SUMMARYIn this week’s episode of Commercial Connections, we sit down with Rae Nomura (SVN | B+RE), an investment broker with an appraiser’s eye, to unpack how mixed-use and retail assets really pencil, where “mis-marketed” deals hide, and how 1031 buyers can move from overwhelm to confident execution. We discuss: ⦿ Mixed-use the right way—underwrite components separately, then reassemble ⦿ Matchmaking buyers to assets and spotting mis-marketed upside ⦿ Case study: 5 retail condos in Milwaukie (dual HOAs, leases, pass-throughs) ⦿ Case study: Walgreens → NAPA sublease at a 10.6% cap (Pendleton) ⦿ 1031 playbook: start early, identify three, and negotiate by the numbers📝 EPISODE THEMES 00:00 – Introduction & who Rae is (broker with an appraisal background) 01:20 – Appraisal → brokerage journey; retail & mixed-use niche focus 03:05 – Mixed-use underwriting: split MF vs. retail, then recombine 05:15 – Investors seeking stability; boomers pivoting from multifamily 06:40 – Matchmaking process & finding mis-marketed opportunities 12:05 – Case study: Milwaukie retail-condo deal (tenants, HOAs, pass-throughs) 16:20 – Negotiate via NOI: reimbursements, reserves, correcting the numbers 25:05 – Case study: Walgreens subleased to NAPA (structure, return, risk lens) 30:10 – 1031 strategy: start searches early, identify 3, use a strong accommodator 33:20 – Markets & deals: Portland value, Prineville/Redmond momentum, strip-center tenant mixWhether you’re a current business owner or a would-be buyer, this episode offers practical advice for navigating the challenges and maximizing the opportunities in business transactions.🔗 CONNECT WITH RAE NOMURA LinkedIn: https://www.linkedin.com/in/raenomuramaiccim/ Book A Call: https://calendly.com/rae-nomura Email: [email protected] Phone: (503) 575 8065 🔗 CONNECT WITH ME#CREInvesting #1031Exchange #DSTs #REITs #PassiveIncome #CommercialRealEstate #InvestmentStrategy #MultifamilyHousing #FinancialLiteracy
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Multi-Family Exhausting You? Here's What You Can Do About It
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