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michael horrigan land investment

Thursday, April 23, 2020

INDIANAPOLIS, IN – The REALTORS® Land Institute has announced that Michael Horrigan, Vice President, RESOURCE Commercial Real Estate (rcre.com) of Indianapolis, IN has officially completed the organization’s course Land Investment Analysis on 3/17/2020.  The REALTORS® Land Institute provides the expertise, camaraderie, and resources that constitute the foundation for all land real estate professionals.

The course focuses on growing the broker’s competency in assisting clients throughout the land investment analysis process. In completing the course, Horrigan has demonstrated the expertise necessary to determine the current value of a property through a calculation that includes the internal rate of return, net present value, and mortgage payment. Topics the course covers include acquisition, operation, and disposition costs and equity.

Horrigan, who has long worked with real estate data, further developed his effectiveness in analyzing and evaluating data, including highest performance indicators, multipliers and ratios, rate of return, and more. These skills convert into valuable service to Horrigan’s clients, as he advises on the best use of a property.

About RESOURCE Commercial Real Estate

RESOURCE Commercial Real Estate (RCRE), Central Indiana’s largest locally-owned real estate brokerage firm, provides consultative commercial real estate solutions focused on building long-term relationships with customers and clients to ensure long-term success for their business. RCRE is proud to serve clients on Main Street who share common interest in assisting in providing future security and success for Indiana. Not only does RCRE offer a full portfolio of brokerage services for buyers, sellers, tenants, and landlords, but they also specialize in property management and receiverships, site selection and incentives procurement, investment services, auction services, and project management. RESOURCE Commercial Real Estate has the right focus, creates and implements the right plan, and brings the right hustle to deliver the right results.

 

More information can be found at www.rcre.com.

 

For media inquiries:

Libby Myers

Marketing Specialist

RESOURCE Commercial Real Estate

(317) 663-6081

libby.myers@rcre.com

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Starting in October, RESOURCE brokers have been attending workshops on a regular basis to maintain knowledge on the ever-changing commercial real estate landscape. To set our brokers up for their best revenue year yet in 2020, workshop topics include:

  • Development of property summary cards.
  • Saving surveys with alerts.
  • Conducting efficient property searches.

On Friday, RESOURCE brokers attended a CoStar Group training, learning how to better utilize the software to serve our clients. Increasing our team’s skills in this area allows the brokers to find more potential properties, create reports, and better track new listings in the area.

RESOURCE continues to make it a priority to be the leading experts in Indiana commercial real estate, and we do that through the continual education and development of our brokers. Even brokers who have been working in this field for over 30 years can learn something to excel in meeting clients’ needs and wants.