Liberty Bank - CT’s Post

Real Estate Balance goes from strength to strength. Are you a member yet?

Do you want to stretch the bounds of your client base?👥👥 Attracting corporate clients can be a strategic move to take your business to the next level📈. #ClientAcquisition #BusinessDevelopment #StrategicSales #BuildingRelationships #getcomfyHQ #getcomfyapp #comfycommunity #comfyafrica #pms #propertymanagement #airbnb #shortlet #shorttermrental

Celebrating Success and Collaboration at BWC Real Estate 🚀 Last week marked a special occasion for BWC Real Estate as we gathered for a business lunch to honor and celebrate the founding brokers who took a leap of faith and joined our team. It wasn't just an opportunity for camaraderie and good food, but a strategic initiative to tap into the wealth of insights our brokers bring to the table. At BWC, we firmly believe that our success is not just the result of the leadership team's efforts but is intricately woven into the contributions of every team member. What truly sets us apart is our commitment to fostering a progressive and innovative culture where ideas are shared collectively. The primary goal of our Founders Club lunch was to drive strategic insights from our brokers, understanding what we're doing right and exploring areas where we can improve. Each member of the team plays a crucial role in shaping the trajectory of BWC Real Estate, and it was inspiring to witness the passion and dedication that each founder brings to the table. Our vision at BWC Real Estate is ambitious yet clear: we aspire to become the best place to work for Dubai's top-performing brokers. This vision is not just a lofty goal but a shared mission that requires the active contribution of every team member. The Founders Club lunch was a testament to our commitment to building a workplace where collaboration, innovation, and mutual support thrive. As we look towards the future, we are energized by the collective drive of our team. BWC Real Estate is more than just a brokerage; it's a dynamic community of professionals working together to redefine the real estate landscape in Dubai. Here's to the success of BWC Real Estate and the bright future we are creating together! 🌟 #BWCRealEstate #TeamWork #Innovation #CompanyCulture

Curious about the industries that have been creating significant opportunities for banks and credit unions this week? Check out the most-viewed reports from October 10th to 17th: Commercial Leasing 🏢 Apartment Rental 🏘️ Commercial Building Construction 🏗️ Hotels & Motels 🏨 Home Builders 🏠 Long-Distance Freight Trucking 🚚 Gas Stations with Convenience Stores ⛽ IT Consulting 💻 Single Location Full-Service Restaurants 🍽️ Specialist Doctors ⚕️ Have you explored our newly designed banking-focused platform on IBISWorld yet?

Wondering if Distinguished covers stand-alone casinos? Get the inside scoop from our expert Hotel Umbrella Underwriter, Jason Simering, CPCU, in this short video where he addresses this frequently asked question. #hotelinsurance #umbrellainsurance #casinoinsurance

I have talked about the Bilt Rewards Credit Card before, but this is a refresher as to why it is my favorite credit card! 💳 #biltrewards #credit #creditcard #travel #dining #rent #money #finance

Hospitality-related loans are an area of opportunity for credit unions looking to grow and diversify their portfolio. However, this hotel industry also presents unique risks. Join CUBG’s Mike Smith for this webinar and learn how to effectively make and manage loans to all types of hotels. #cubg #businesslending #commerciallending #crelending #creditunions

While certain segments of the property market seem to be slowly stabilizing the hotel market is still sliding downhill - FAST. The amount of hotels and motels that are "graduating" from standard market options into the E&S world is record breaking. This poses unique complications for agents. Number one - finding solid E&S carriers willing to write these risks which are getting fewer and farther between as time goes on. Number two - explaining the reason for a significant rate increase to their insureds. Most property owners don't understand that the E&S market equals higher rates - with very limited if any "middle ground" options. Agents - if you have an inkling that a risk you insure is headed into the E&S marketplace do yourself a favor and have that conversation early. This will avoid the last minute panic which often leads to frantic shopping by the insured, a lapse in coverage while stalling to make a decision, and other annoying behaviors and outcomes that I've seen taking place more and more lately. It's tough to have that conversation. Have it anyway. Now. #insurance #hotels #motels #conversations #insuranceagents #insurancebrokers #insuranceindustry #propertyinsurance

Some of us should be bankrupt. But we're not....   Made famous by Nassim Taleb, the term Black Swan explains the impact of an unpredictable or unforeseen event.   Covid was a Black Swan that should have wiped a lot of hotels out, but we made it.    Did we survive for the right reasons?   Around the world, governments handed out a record amount of subsidies to our industry. What would have happened if they didn't?   In our line of business, we are used to leverage. We stretch ourselves, we grow.   But one has to ask, will the government be our saviour the next time a Black Swan comes our way? Can the government continually print their way out of trouble?   Interest rates continue to rise and just like your house mortgage no longer makes sense, will your hotel mortgage feel the same upon renewal?   Perhaps with limited supply entering the market, high interest rates will just be absorbed, however, what is the worst-case scenario?   Rapid expansion is always a strategy, but when it comes to many hotelier portfolios, an argument can be made to focus on sustaining more than just growing. 📈 📉 💰 ⏳ #hoteliers #hotels #hotelmanagement