In September 2019, RXR Realty, which had $18.8 billion in assets, made what looked like one of the smartest bets in commercial real estate at the time: a $40 million investment in Kitchen United, a ghost kitchen operator filling vacant retail space with delivery-only restaurants. Four years later, Kitchen United closed every single location and sold off all of its assets.
31 Ways to Add Value to Commercial Real Estate Investments
Commercial real estate investing has long been considered a lucrative venture for those seeking to build wealth and generate passive income.
In fact, over 90% of millionaires own real estate, making it the most popular alternative asset class.
However, it's natural to wonder if the potential rewards outweigh the risks and if it's truly worth venturing into this market. So, let’s dive into the various aspects of commercial real estate investing to help you make an informed decision and determine if it's a worthwhile pursuit for your financial goals.