A prominent Spokane, Washington, real estate developer, Keith Scribner is trustee of Keith R Scribner Trust, and principle of a number of affiliated firms, managed by Northwest Real Estate Equities, LLC. He oversees many aspects of the acquisition, rehabilitation, construction, and leasing of diverse commercial and retail properties. Many of the properties Keith Scribner focuses on are located in prime, high-traffic areas that offer optimal potential for revenue generation. Among Mr. Scribner’s notable projects is the Cheney Square Retail Center, a 13,500-square-foot retail center built in 2007 on a 50,000-square-foot property. The Cheney, Washington, center is anchored by a 10,000-square-foot Dollar Tree store and has two additional tenants. Mr. Scribner has also undertaken renovation projects such as the Grand Plaza Retail Center, which was originally an antique store constructed in 1930. The centers new architectural design was inspired by a Carmel, California, building Mr. Scribner happened upon when making a 2001 trip to visit Hearst Castle, and he utilized original Glover Mansion granite as a building material. Keith Scribner supports a number of charitable organizations, including the Girl Scouts and the Boy Scouts of America and the March of Dimes.
Don't wanna be here? Send us removal request.
Statistics
We looked inside some of the posts by keithscribnerspokane and here's what we found interesting.
Average Info
Notes Per Post
0
Likes Per Post
0
Reblog Per Post
0
Reply Per Post
0
Time Between Posts
7 days ago
Number of Posts By Type
Text
17
Last Seen Tumblr Blogs
Fun Fact
In February 2021, Tumblr had 518.6 million blog accounts.
Text
SPARC: A Step Forward in the Fight Against Opioid Addiction
In the fall of 2017, Washington philanthropist Keith R Scribner made a $450,000 donation to the Spokane Addiction Recovery Centers (SPARC), enabling the organization to acquire critical property for expanding its services. This significant contribution came at a time when SPARC was seeking to enhance its ability to provide comprehensive care for individuals struggling with opioid addiction and other substance-use disorders. The purchased property has allowed SPARC to grow in its mission to serve the Spokane community.
SPARC’s Role in Combating Addiction
Founded in the 1960s, SPARC has a long-standing commitment to treating addiction and its related mental health challenges. The organization provides a continuum of care that addresses both substance use and co-occurring mental health disorders. Its services include residential treatment, outpatient care, and case management. SPARC operates with a holistic approach to addiction treatment, recognizing the interplay between biological, psychological, and social factors in substance dependence. Their treatment philosophy is grounded in evidence-based practices like cognitive behavioral therapy (CBT) and motivational interviewing, ensuring that individuals receive personalized care.
By focusing on the needs of low-income and indigent populations, SPARC plays a crucial role in providing accessible treatment options. The organization’s efforts help to reduce the stigma around addiction while offering individuals a path toward recovery and reintegration into society. Thanks to Keith Scribner's donation, SPARC has been able to expand its capacity to meet the growing demand for its services and make a greater impact in the fight against opioid addiction in the Spokane region.
0 notes
Text
6 Questions Every Real Estate Investor Should Ask to Assess the Risk of a Property
Any investment, whether property related or referring to the stock market, isn’t 100% risk-free. Before investing in a real estate property, they should ask themselves some fundamental questions that can potentially clear their path. These questions are mentioned below: Supporting Weblink: https://mfmbankers.com/10-questions-new-real-estate-investors-need-to-ask/ How risk tolerant are you? It…
View On WordPress
0 notes
Text
How to Become a Commercial Real Estate Investor?
When people think of real estate investors, they automatically think of wealthy people who own lots of houses and luxury cars. However, these ideas are essentially clichés because, in principle, anyone who invests money in real estate to generate a return can become a real estate investor. In addition, there is much more to it than just buying and renting many properties. If you want to be…
View On WordPress
0 notes
Text
Commercial Real Estate Investing Principles
When it comes to investing in real estate properties, primarily commercial real estate, there are several essential things that you need to remember and follow throughout your life. These are just a bunch of simple rules which will guide you throughout your journey as an investor. They are known as commercial real estate principles, generally, a bite-sized handbook for you to remember and go…
View On WordPress
0 notes
Text
X Trends Driving Commercial Real Estate in 2022
A significant blow in the real estate industry was seen in 2020 and early 2021. After the pandemic, everything changed, many businesses had shut down, and multiple employees were laid off. Nowadays, the market is changing rapidly every other day. The strategies had become different in the market. Commercial real estate trends are now, however, changing differently, with many positive approaches…
View On WordPress
0 notes
Text
The Next Big Thing in Commercial Real Estate Investment
With the current health and economic conditions, the world has been witnessing since 2019, it is no doubt that these changes have been affecting the commercial real estate market. To create the latest strategies to ensure investing in commercial real estate generates maximum profit, it is vital to know its latest trends. So, here are the following big things in commercial real estate investment for us to know in 2022.
Supporting Weblink: https://www.forbes.com/sites/forbesfinancecouncil/2022/02/16/seven-trends-driving-commercial-real-estate-in-2022/?sh=1418e7fb57c1
VR Property Management
With the world moving at its fastest pace, it is no doubt that there is a big chance for property management on a commercial level to be done in VR or Virtual Reality. People are less than before relying on human interactions and are now replacing technology with it. The advancements in science and technology have managed to digitalize even mortgage management, which is why it comes under the next big thing in commercial real estate investment.
PropTech in Mortgages
PropTech has been one of the significant improvements in real estate. It bought all the parties concerning in management of properties to one platform, hence easing communication and reducing the month-long process to a few hours. As a result, it saves time and effort for all the parties involved.
More Capital Growth:
Commercial real estate has been indicated to cause more capital growth in recent times. Some of the top methods which work well to increase the capital in commercial real estate include identifying undervalued properties and putting them into use. What matters is the one interested in investing must be smart enough to recognize a good opportunity regardless of economic conditions. Such expertise can cause more capital growth in commercial real estate.
More Quantitative Firms:
More quantitative firms are making strides in commercial real estate as they introduce more artificial intelligence, like VR, as mentioned above. In the current year, more quantitative firms are entering into the mix and progressing the commercial real estate market with the potential to become the next big thing in real estate.
High Construction Costs:
Due to the inflation, pandemic, and other issues the world has seen, there has been a significant shortage in labor, which seems to have skyrocketed the construction costs. It, as a result, impacted the existing assets and increased the prices of projects in just a few years.
All the predictions and upcoming news in the world of a commercial real estate prepare us for better strategy building and planning to play our cards right and gain huge profits. It also ensures that we know the risks and costs and takes measures to combat them accordingly. Keith Scribner has been a commercial real estate investor in Spokane, Washington, for almost 40 years. One can learn about Scribner Investment Companies by visiting http://www.scribnerinvestmentcompanies.com/keith-scribner-s-bio.html. Moreover, www.NREProperty.com is an additional resource if you’re looking for a commercial property to lease.
0 notes
Text
Top 5 Online Courses to Get Ahead in Commercial Real Estate Investment:
Commercial real estate investing tends to be tricky, and no one short of being an expert should perform this activity. However, you no longer need to get in touch with various mentors physically and go through the extra hassles of traveling when a better and more affordable option is available. Below are some of the top five online courses to get ahead in commercial real estate investment.
Supporting Weblink: https://e-student.org/best-real-estate-investing-courses/
The Real Estate Financial Modeling Bootcamp (Udemy)
This course is one of the best for beginners interested in making themselves equipped with the knowledge of real estate financial modeling. It is one of the fundamental yet detailed courses for teaching real estate investing courses. This course highlights three kinds of real estate for which financial modeling is introduced: multi-family real estate, retail real estate, and commercial real estate. The only requirement for studying this course is to install Microsoft Excel on your pc.
Pre-Investing: Essential Real Estate Investing Concepts
This course will ensure that you learn just the right skills to invest in commercial real estate. The main areas covered in this course are the real estate cycles, tips, and tricks for making a good investment, using leverage, valuing property, and much more. Pre-investing is understood by the knowledge and skills required before investing in real estate.
Fundamentals of Analyzing Real Estate Investments
This course equips you with the necessary knowledge and skills to get a fair return on investment in your real estate. The critical topics of this course include, but are not limited to, market research, real estate cycles, investment opportunities, etc. After completing the course, you will learn how to invest and flip all real estate properties.
Commercial Real Estate Specialization from CFI
This course covered all aspects of real estate investment, i.e., identifying the investment opportunities to close the deal. An exceptional part of the course also includes real estate financial modeling, which highlights all the critical areas of finance like equity, cash flow, debts, etc. The course entails financing modules and case studies to help the learner understand the concept well.
Oxford Future of Real Estate Investment Programme
This Oxford Future Real Estate Investment course helps the learner learn all the basics of traditional real estate knowledge and advanced commercial real estate and its advancements in the current era. The course then gracefully ends with residential properties and their issues, future trends, capital markets, housing, profits from investments, and much more.
Keith Scribner has been a professional commercial real estate investor for 40 years, mainly in Spokane, Washington, and the pacific northwest. One can learn more about Scribner Investment Companies by visiting http://www.scribnerinvestmentcompanies.com/keith-scribner-s-bio.html. Moreover, www.NREProperty.com is an additional resource if you’re looking for a commercial property to lease.
0 notes
Text
The Intriguing Psychology Behind Commercial Real Estate Investment
Real estate has been a popular investment instrument for the last few decades. This tendency is mirrored in the rising professionalism of the asset management business. It's not always clear why one investor prefers one investment over another. The underlying decision-making process is generally convoluted, despite the seeming simplicity of the risk-reward ratio. A decision analysis, according to Howard, "is a schematic approach for converting opaque choice issues into transparent decision problems through a succession of evident stages. Consequently, this type of research should help the applicant overcome uncertainty and grasp the range of possible outcomes better. Although the foundation for decision analysis was laid centuries ago, it is hardly used today.
Supporting Weblink: https://www.emerald.com/insight/content/doi/10.1108/jpif.2012.11230eaa.002/full/html
In a word, decision theory is the study of how to improve one's judgment and decision-making abilities. This theory incorporates philosophy, mathematics, economics, and the social sciences (including psychology and sociology) to help individuals make well-informed decisions. All human beings face various critical decisions as they grow into adults. Making solid business and financial decisions is vital. Before deciding on a course of action, weigh the benefits and drawbacks of several options.
Property Decision Making
You have the most control over your money when you own your home. You have ultimate control over who moves in, how much rent you charge, and what sorts of repairs and enhancements are performed to the property as the landlord. If you merely own a single structure, you have very little insurance against things like fires and pest infestations. Assume, for argument, that you are considering incurring significant debt to purchase a Boston apartment complex. Because of the high initial expenses of investing in real estate, many purchasers "deploy leverage" by obtaining loans to fund their acquisitions. Residential mortgages are the most valued sort of asset in the United States.
Equity is another investment that gives investors a stake in a firm or property in exchange for an initial investment. When a property is sold or refinanced, equity investors often enjoy a return on their investment. Debt and equity finance are accessible on the private and public markets for real estate projects. Private real estate transactions include the two persons involved solely, whereas public deals involve other parties. Although real estate transactions are frequently conducted behind closed doors, making them public may boost liquidity.
Investing Wisely
To make an informed investing choice, you must analyze all aspects of a possible real estate transaction. Keep these four items in mind as you evaluate the property and the investment potential. Although the real estate diamond is an excellent visual representation of the essential aspects, real estate investment is a challenging area that needs extensive research. The online course Alternative Investments will teach you more about real estate and other investments, helping you make smarter decisions and diversify your portfolio.
Keith Scribner has been a commercial real estate investor in Spokane, Washington, for almost 40 years. One can learn about Scribner Investment Companies by visiting http://www.scribnerinvestmentcompanies.com/keith-scribner-s-bio.html. Moreover, www.NREProperty.com is an additional resource if you're looking for a commercial property to lease.
0 notes
Text
5 Habits of a Successful Commercial Real Estate Investor
Being a successful commercial real estate investor can enhance your portfolio and help you become financially secure for years. Adapting healthy and vital habits to help you with this path effortlessly is key. There are a few essential tips that you should make a part of your professional routine if you wish to be a successful commercial real estate investor. It will help keep your path as an…
View On WordPress
0 notes
Text
Investing in Multifamily Properties
Investing in multi-family real estate generates substantially high return cash returns. However, there should be at least three residential units to declare a multi-family investment. In the following, you will find out what these are, for whom such an investment is recommended, and what costs the apartment building entails. Supporting Weblink:…
View On WordPress
0 notes
Text
Practical Steps to Find Commercial Rental Properties for Sale
Are you a beginner who is interested in renting commercial properties around you? If yes, you are at the right place, then. There are several important rules, tips, and steps to ensure you do not face any loss when trying to purchase in the commercial real estate market. Below are some of the most practical steps to finding commercial rental properties for sale. Supporting…
View On WordPress
0 notes
Text
Things to Know Before Investing in Commercial Real Estate
If you are investing in commercial real estate, congratulations, you are at the right place to get all the necessary information to get started with this process. Here, we will share some of the basic yet most important things for you to know before investing in commercial real estate. Supporting…
View On WordPress
0 notes
Text
How Much Money Do You Need to Invest in Commercial Real Estate?
Before knowing how much money you need to invest in commercial real estate, one must clarify which commercial real estate, in particular, you are interested in. Commercial Real Estate comprises four domains: retail, multi-family, industrial, and office space. Now the real question is, how much money do you need? Chances are, you have been listening to people telling you that you need a specific…
View On WordPress
0 notes
Text
How to Make More Commercial Real Estate Investments by Doing Less
Every business person working on a small scale or running a giant corporation wants to achieve the utmost rewards and outputs from their business setup. In the case of commercial real estate investments, you can maximize your production and extend your portfolio by investing less time and effort. Also, some facts can appreciate your property’s value by investing in the latest technology or…
View On WordPress
0 notes
Text
Fundamental ways to improve commercial real estate investment
No matter how efficiently you perform in the real estate sector as an investor, there is always room for improvement. Due to incredible profit margins, investing in the commercial real estate sector can be worthwhile. But on the contrary, it can encompass multiple challenges and risks. One needs enough knowledge about the industry to establish excellent networking skills to prosper. There are a…
View On WordPress
0 notes
Text
Don't Waste Time! 6 facts Until you Reach your Commercial Real Estate Investment
Investing in commercial real estate can be tricky and provide obstacles if you do not have sound knowledge in this domain. You enter the industry to establish a diversified portfolio and earn monetary gains. For this, you should know a couple of facts until you reach your commercial real estate investment. Supporting…
View On WordPress
0 notes
Text
The 5 Best Things About Commercial Real Estate Investment
Real estate is one of the strongest yet trustable assets to invest in. Real estate mainly incorporates residential properties, commercial properties and land investments. Among them, commercial real estate is growing at a faster pace. The primary purpose of commercial real estate investments is business prosperity, blooming retail spaces, multi-family housing, office buildings, and many…
View On WordPress
0 notes