245. Walgreens Closures, CRE Brokerage Class, CRE Conference This Fall (Office Hours)

Key Takeaways:

Walgreens is closing a significant number of its US stores, up to 25% of profitable locations, due to an unsustainable pharmacy model. This presents potential opportunities to acquire vacant Walgreens properties in good locations.

Tyler advises against buying dollar general stores due to their short lease terms and potential for location obsolescence.

Cauble is launching a commercial real estate brokerage mastermind and a 12-week course to teach foundational knowledge for new brokers.

We discuss financing strategies for commercial real estate, including using commercial lines of credit and equity in existing properties.

Tyler discusses his views on the affordable housing crisis in Nashville, suggesting government incentives and higher density rezonings as potential solutions.

Cauble is planning a commercial real estate conference in Nashville in October with keynote speakers, breakout sessions, and exclusive content for his accelerator group.