To say 2020 has been an eventful year may be the understatement of the decade.
The commercial real estate industry has faced challenges and successes, but through it
all we have persisted – together. Although most industry experts are looking at 2022
before we begin to see a true recovery, so far, the Tulsa market has been very fortunate.
Throughout 2020 property owners have had to face the issues of forbearance for their
tenants and themselves, these concessions have led many property owners to assess
their investments in an effort to determine their next course of action. McGraw
Commercial has worked with many owners to adjust budgets, determine cost savings,
and project both optimistic and pessimistic forecasts in preparation for an unknown
Although most owners have felt the strain of 2020, some have expanded, restructured,
and invested in new opportunities. McGraw Commercial has also worked with those
individuals to secure funding, perform due diligence, and ease the transition to
commercial property ownership.
Knowledge of the industry, strategic planning, and creative solutions are the tools that
will assist us all as we move into 2021. Though it is a new year, many of the same
challenges persist and we look forward to continuing working together with tenants and
owners to maintain a high level of service and success. As the market status quo
continues to change, we are working diligently to stay informed and be effective in
navigating those changes. Thank you for your continued confidence in McGraw Commercial Property Management and Leasing!
We are excited about continuing to grow, serve, and thrive in 2021!