Less than 3% of Commercial Real Estate is Owned and Managed by Women
According to research by BiggerPockets, women represent less than 2% of commercial real estate investors. This figure is surprising given that more women own and manage their own businesses today than ever before. Commercial real estate is an asset class that offers tremendous potential for growth, especially when you consider the current market conditions. However, most women are not investing in commercial real estate for one main reason: lack of knowledge about how it works and how they can get started investing. But this isn't true for Women In Commercial Real Estate. For Women in our profession, investing is squarely in our Circle of Competence.
There is potential to create $1 trillion dollars of value for women in commercial real estate by 2025 if we start investing like men. It's a $3.5 trillion dollar industry, and it's the largest one in the world.
1031 Diary II: Boost Mobile, 4403 W. Commerce
We acquired 4403 W Commerce in December of 2020 after selling 2707 Rogge Lane. The Rogge property was an East Side shopping center near the Mueller that required a gut renovation. We had it leased up and were working through our redevelopment plans when Austin’s growth out-paced us and a bigger fish came with an offer we couldn’t refuse.
Similar to our 8808 Barker Cypress acquisition, we felt like we could sell high in the Austin market and move our gains into a safe and stable NNN investment elsewhere.
SOLD: East Austin Boutique Hotel | The Cat Noir
Beck-Reit Commercial Real Estate listed The Cat Noir Hotel on September 1st, 2021. We had multiple offers in less than 24 hours & within a week the property was under contract…. after a bidding war that drove the price above asking.
DeLea Becker named 1 of Most Influential Owners & Dealmakers in Commercial Real Estate
We are beyond thrilled to announce that our Founder DeLea Becker, and Austin Commercial Real Estate Broker, has been named one of 25 Most Influential Owners, Dealmakers, Creators & Innovators by Otso for their 2021 International Women’s Day Initiative! What an incredible honor be recognized on this list, which includes … (see full post)
My Hero - Carrie Bobb
Big welcome to Kelly Cloud and Kate Rhodes. This is more than adding Brokers to our Company Roster - this is DeLea putting her money where her mouth is. …..
Carrie Bobb is my HERO :
#1 - I love this person. She is my Hero.
#2 - What the What? What kind of man goes to all this crazy PREMEDIATED EFFORT to do this? And then to the company doesn’t quickly Do The Right Thing?
#3 - This is Horse Shit and I am pissed.
#4 - I’ve got to go create a place that is safe for Women in Commercial Real Estate Brokerage. Not only in my Company Policy & Employee/Contractor Agreements but boots on the ground. I need to hire women, seek them out, give them a safe place at Beck-Reit. Safe from that horse shit. Women have enough to deal with keeping themselves safe from harm, they shouldn’t have to worry about it coming from their bosses. I can’t save all the women, but I can take it one “Woman Hire At a Time”.
2021 REDNews Austin Summit Set for June 23rd!
REDNews has been the first word in Texas Commercial Real Estate for over 25 years now. Their Summits brings together dozens of experts to speak on the “State of the Market” in their view. This year’s Summit will take place on June 23rd in Austin!
Beck-Reit Commercial is proud to sponsor the event once again this year, and even more excited to see our own DeLea Becker speaking as a panel-member on opportunities and trends in the current retail market! Her panel starts at 10:25AM. The Retail Market Panel will also include the following market experts:
Beck-Reit is Always Proud to Sponsor the REDNews Annual Summit! DeLea is joined by other panelist from
Congratulations to the UCREW 2021 Women in Commercial Real Estate Challenge Winners!!!
We are so proud of all 12 participants in the 2021 Austin UCREW Women in Commercial Real Estate Challenge Winners!
Every year Austin’s CREW puts on this educational event to help expose female students at local universities to the possibilities of a career in Commercial Real Estate. This past year, Beck-Reit Commercial took part in the event as a committee member, wearing one of the 5 hats for “anatomy of the deal” from a developer’s perspective, & mentoring one of the competitors.
Beck-Reit Development - 2131 Theo Sells! A 6-year Investment Pays Off
6 years ago, Beck-Reit sold one of our mixed-use propertys in East Austin and did a 1031 exchange into 2 properties. 1 was a Ferrari Repair Shop on Theo Dr. off Airport Blvd near The Mueller Development. Our full redevelopment transformed the space into 5 unique creative office spaces with a shared kitchen common area and conference room. Now, just 6 years later, the property has been picked up by Cumby Development as the last piece of a new multi-family development getting ready to break ground.
Coronavirus Tenant Relief Recommendations : How Beck-Reit is handling the Crisis
By now it’s no secret that COVID-19 is necessitating lease amendments right and left. As both a property manager and owner in Austin, and with over 30 tenants in our portfolio, COVID-19 has ushered in an era of nonstop negotiation for Beck-Reit Asset Management. By now, we’ve seen a variety of rent abatement, rent deferral and lease amendment structures proposed, and a few agreements signed. In light of the last 2 month of negotiations, we present some recommendations for tenants seeking relief below.
DeLea Becker -Texas Realtors Webinar : Austin Market Update
Texas REALTORS® Global and Commercial hosted a May 2019 webinar: Doing Business in Texas -The Austin Market. DeLea Becker, owner of Beck-Reit Commercial Real Estate LLC, gave an overview of the Austin CRE market, and explained how Austin fits into the Texas landscape. The webinar is recored for viewing if you missed the live event.
Why East Austin? Ask DeLea Becker…
Since the very first building DeLea Becker purchased and renovated, she has been honed in on the East Side.