Sales History
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With over 23 years of experience and sales in excess of $870 million, please contact one of the top commercial agents in the Bay Area and gain a competitive advantage in solving your real estate consulting and transnational needs.
Scott A. Kilpatrick Senior Vice President 1377 El Camino Real Menlo Park, CA 94025 Cell: +1 650 868 0738 |
Expertise
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Seller Services
With ownership in other investments, like stocks and bonds, you get a monthly statement showing current value. As you have experienced, that is not true with real estate. In the last two years, we have seen interest rates and bank spreads climb from historical lows. Rates and spreads are still competitive and commercial lenders are working harder than ever for business. Buyers have been greatly impacted by these higher interest rates and bank spreads. For each 1/2 of one percent that rate go up, the income on your property has to increase by $100 per month, per unit. With rents in Santa Clara County up approx 2% in 2023, some owners have been able to narrow the gap, but most of these additional costs, to date, have been assumed by the buyer. Buyers are beginning to resist these increases and are asking sellers to participate. However, with little inventory currently on the market, and demand remaining strong, sellers should remain in the driver's seats for the next 90-120 days. We do anticipate that values will begin to soften as interest rates continue to rise faster than income. Bay Area investment real estate will always have a high demand, so whether you are considering a transaction now or in the future, I want to provide you the most up-to-date and accurate information on your investments, so that you can make the best decisions possible. If you have any questions, please contact Scott A. Kilpatrick. Compass Commercial was founded on the principle of creating value for sellers based on market knowledge, access to the largest pool of bay area qualified investors and exchange buyers, and agents committed to creating the broadest possible exposure for every property. Compass Commercial currently has many apartment agents working in San Mateo and Santa Clara counties representing a large share of the transactional volume . Compass Commercial has represented approx. 40% of all apartment transactions between 5 – 40 units in both counties. With local expertise and the ability to transact nationally, Compass Commercial is the perfect platform to assist both buyers and sellers in achieving their short and long term goals. |
Investment Specialization |
Compass Commercial's Investment Division consist of three specialized investment groups: Leased Investment Group, Investment Services Group & Multi-Family Group. These groups collaborate to offer a dynamic, productive and proven platform for the purchase or sale of investment properties. They work together with one goal in mind: maximizing value for its clients through unsurpassed expertise, commitment and client service.
Multi-Family Investments Net Leased Group (NNN 1031) |
Market Research |
Compass Commercial in Northern California utilizes state-of-the-art information systems to monitor over 900 million square feet of commercial real estate. This information is gathered by dedicated Compass Commercial research staff, and 3rd party data services. We constantly update our databases, all of which are scrubbed and verified by in-market brokers from among our 325 professionals in 15 offices throughout the region. Benefit from our depth of market intelligence and build on the power of our research network.
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Buyer Services |
Investors have come to rely on Compass Commercial for access to the nation's highest-quality inventory of investment properties. Our inventory is one of the largest selections of investment options, supported by a high standard of pricing and underwriting. If you are considering purchasing investment property and would like to be contacted by Scott A. Kilpatrick
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