Robots and Automation with Erik Hernandez #700

Bruce Norris is joined this week by Erik Hernandez.  Erik is a commercial real estate agent and a senior vice president and principal with Lee and Associates in Ontario specializing in industrial real estate. Erik's specialties include active tenant-buyer representation, landlord representation, land sales and development, build-to-suit assignments, and investment sales and analysis. Erik's real estate career now expands over 20 years in the Inland Empire, and he's achieved recognition for many notable transactions. He has been involved in over a billion dollars worth of commercial real estate transactions. See below for full video and resources

Bruce and Erik will discuss whether California could be seeing more out-migration, robots and automation and whether factories could see an increase here, real estate discounts and how Erik sees this working out, overseas manufacturing being brought to the U.S., the amount of money being passed now compared to the Great Recession, and much more on the real estate radio show.   

The Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669.  For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab.


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COVID 19: Prop 13 and It's Impact on Tenants With Erik Hernandez #699

Bruce Norris is joined this week by Erik Hernandez.  Erik is a commercial real estate agent and a senior vice president and principal with Lee and Associates in Ontario specializing in industrial real estate. Erik's specialties include active tenant-buyer representation, landlord representation, land sales and development, build-to-suit assignments, and investment sales and analysis. Erik's real estate career now expands over 20 years in the Inland Empire, and he's achieved recognition for many notable transactions. He has been involved in over a billion dollars worth of commercial real estate transactions. See below for full video and resources

Bruce and Erik will primarily discuss Prop 13, whether or not they want to see it passed, SB 939, 2019 and how Erik felt this year went in terms of activity, California and how it has become a destination market for brand new, state-of-the-art buildings, whether law changes have been made that could affect industrial real estate, and much more on the real estate radio show.   

The Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669.  For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab.


Video Link

Radio Show

Erik Hernandez of Lee & Associates Joins Bruce Norris on the Real Estate Radio Show #530

Bruce Norris is joined this week by Erik Hernandez. Erik has been with Lee & Associates in the commercial real estate division since 2000. Prior to that he was in research since 1994. He specializes in industrial real estate, and he has been on the radio show a number of times prior. He is also the Norris Group’s go-to person for the commercial world.

This segment primarily focuses on innovations in technology, including what we are seeing and could see in the coming year, what new technology is happening that could change supermarkets, how it could change the way we are educated, how this could lead to issues with the work industry that we would need to solve, as well as which real estate sector is the easiest to repurpose for other use, what is happening in the industrial side of real estate that has affected the office market, and much more on this week's Norris Group real estate radio show and podcast.

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Erik Hernandez of Lee & Associates Joins Bruce Norris on the Real Estate Radio Show #529

Bruce Norris is joined this week by Erik Hernandez. Erik has been with Lee & Associates in the commercial real estate division since 2000. Prior to that he was in research since 1994. He specializes in industrial real estate, and he has been on the radio show a number of times prior. He is also the Norris Group’s go-to person for the commercial world.

Bruce and Erik discuss the segment of the commercial world he works in, what year was considered a peak in the commercial world, how much construction we saw in industrial real estate last year, vacancy and availability rates, the push in foreign investors, whether the industry is concerned about another recession, and much more on this week's Norris Group real estate radio show and podcast.

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Erik Hernandez Joins Bruce Norris on the Real Estate Radio Show #445

Bruce Norris is joined again this week by Erik Hernandez. Erik is the senior vice president and principal with Lee and Associates in Ontario. During his career he has worked individually and with a team of brokers within Lee & Associates where the team achieved regional and national recognition within Lee & Associates and real estate community for team success.  He has been involved in over $1 billion worth of commercial real estate transactions during his career.  He specialized in industrial real estate as well. Bruce and Erik discuss the difference between office and industrial space, the use of robotics and automation in industries, employment and the push for higher minimum wages, industrial and commercial real estate, the impact of foreign money, the SBA's relaxed rules, fixed and variable products, and much, much more on this week's Norris Group real estate radio show and podcast.

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Erik Hernandez Joins Bruce Norris on the Real Estate Radio Show #444

Bruce Norris is joined this week by Erik Hernandez. Erik is the senior vice president and principal with Lee and Associates. During his career he has worked individually and with a team of brokers within Lee & Associates where the team achieved regional and national recognition within Lee & Associates and real estate community for team success.  He has been involved in over $1 billion worth of commercial real estate transactions during his career.  He specialized in industrial real estate as well. Bruce and Erik discuss how he is the sole contact for the commercial world, the pace of recovery in the commercial real estate world, the biggest fear of resets, things that have become active in the real estate world, and much, much more on this week's Norris Group real estate radio show and podcast.  A full transcription will be coming on Monday.

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Erik Hernandez Joins Bruce Norris on the Real Estate Radio Show #393

Bruce Norris is joined once again this week by Erik Hernandez.  Erik is the senior vice president with Lee and Associates.  He specializes in commercial real estate, his exact specialty being industrial real estate.  He specializes in land sales and development representation, landlord representation, and investment sales and analysis. Bruce and Erik discuss mezzanine financing, crowd funding and liquidity, the percentage of the market with lender-owned properties in both the industrial and office space, Auction.com and its affect on the commercial world, the price of land, foreign investors in the commercial space, and much, much more on this week's real estate radio show and podcast.











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Erik Hernandez Joins Bruce Norris on the Real Estate Radio Show #392

Bruce Norris is joined this week by Erik Hernandez.  Erik is the senior vice president with Lee and Associates.  He specializes in commercial real estate, his exact specialty being industrial real estate.  He specializes in land sales and development representation, landlord representation, and investment sales and analysis. Bruce and Erik discuss how different the market is today, the peak of the market before problems occurred, declining rents and their affect on the value of commercial real estate, the "blend and extend" method, the CMBS market and the resets occurring, the consolidation of different REO departments, the most expensive segment of real estate to build, the industrial market, cap rates, and much, much more on this week's real estate radio show and podcast.







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