In this insightful video with John Haggeman, Bob Knakal shares his valuable expertise in response to the most frequently asked questions about social media from commercial real estate professionals and aspiring brokers. He discusses the importance of specialization and how it can help differentiate oneself in a competitive market.

Bob also emphasizes the value of creating one-page case studies for each transaction, including challenges, actions taken, results achieved, and testimonials from clients.

He reflects on the significance of asking questions, reading more to understand the market, and using statistics to demonstrate a command over the marketplace.

Additionally, Bob highlights the benefits of improving public speaking skills and developing relationships with the press to enhance market presence. He concludes with the advice of over-communicating with clients and thoroughly understanding their portfolios to foster stronger relationships and gather quality information.

Watch this video to gain valuable insights and learn from Bob's experiences in the industry.

Connect with Bob:

🔔 Subscribe to my Newsletter: https://linktr.ee/bobknakalnyc

JLL Portfolio: https://invest.jll.com/us/en/listings/portfolio/rb-portfolio-newyork-ny-unitedstates
LinkedIn: https://www.linkedin.com/in/bobknakal/
Facebook: https://www.facebook.com/BobKnakalNYC
Instagram: https://www.instagram.com/BobKnakalNYC
Twitter: https://twitter.com/BobKnakal

#nycrealestate #investmentsalesnyc #capitalmarkets #bobknakal

22 2

The Power of Social Media –

For many years I sat on the sidelines of social media, doubting its effectiveness. What a mistake!

Since the beginning of the year, I have been actively engaging with different social media platforms and the results have been astonishing. If you are a believer that market presence is important and commercial real estate is not about who you know, but who knows you, being active on social media is a must.

In this week’s KNN episode, we explore the social media adventure thus far.

Connect with Bob:

🔔 Subscribe to my Newsletter: https://linktr.ee/bobknakalnyc

JLL Portfolio: https://invest.jll.com/us/en/listings/portfolio/rb-portfolio-newyork-ny-unitedstates
LinkedIn: https://www.linkedin.com/in/bobknakal/
Facebook: https://www.facebook.com/BobKnakalNYC
Instagram: https://www.instagram.com/BobKnakalNYC
Twitter: https://twitter.com/BobKnakal

#nycrealestate #investmentsalesnyc #capitalmarkets #bobknakal

3 2

In this video, John Hageman from JLL speaks with Bob Knakal about the impact of interest rates and changes in the banking sector on the real estate market.

Bob discusses the volatility in the interest rate market, how it created imbalances in the market, and the impact of elevated rates on lenders. He believes that interest rates are still relatively low compared to historical averages and advises investors not to wait for them to fall again.

They also talk about the recent changes in the banking sector, the potential impact on construction lending, and the challenges facing the real estate market. Bob notes that there are still opportunities for investors who are willing to take some risks, particularly in the industrial sector. Bob is cautiously optimistic about the market but advises investors to be cautious and do their due diligence before making any investment decisions.

Connect with Bob:

🔔 Subscribe to my Newsletter: https://linktr.ee/bobknakalnyc

JLL Portfolio: https://invest.jll.com/us/en/listings/portfolio/rb-portfolio-newyork-ny-unitedstates
LinkedIn: https://www.linkedin.com/in/bobknakal/
Facebook: https://www.facebook.com/BobKnakalNYC
Instagram: https://www.instagram.com/BobKnakalNYC
Twitter: https://twitter.com/BobKnakal

#nycrealestate #investmentsalesnyc #capitalmarkets #bobknakal

3 0

In this video, John Hageman from JLL interviews Bob Knakal, JLL Investment Sales, about the current market conditions of the investment sales market in New York City.

They discuss the office market as two distinct markets, with the new construction class A sector doing well while older buildings face challenges and need to be converted to alternative uses such as residential to address the housing shortage.

The retail sector is a bright spot with rents stabilizing, and investors are showing interest in buying retail properties. Different property types are performing and reacting differently, making it an interesting market to watch for the rest of the year.



Connect with Bob:

🔔 Subscribe to my Newsletter: https://linktr.ee/bobknakalnyc

JLL Portfolio: https://invest.jll.com/us/en/listings/portfolio/rb-portfolio-newyork-ny-unitedstates
LinkedIn: https://www.linkedin.com/in/bobknakal/
Facebook: https://www.facebook.com/BobKnakalNYC
Instagram: https://www.instagram.com/BobKnakalNYC
Twitter: https://twitter.com/BobKnakal

#nycrealestate #investmentsalesnyc #capitalmarkets #bobknakal

5 0

In this video, John Hageman from JLL interviews Bob Knakal, JLL Investment Sales, about the current market conditions of the investment sales market in New York City.

They discuss the sales volume being down a little bit from where it was previously and the downward pressure on property values due to interest rate increases.

However, the multi-family market is performing well despite cap rates being higher than in the past, and there is still a good level of demand for sites in the condo land market despite land values dropping by 20 to 25% since September.

The land market is seeing decent activity, especially in the class AA office sector, and the diverse demand for multi-family properties is surprising.

Despite the challenges faced by the market, the outlook is positive for the future.


Connect with Bob:

🔔 Subscribe to my Newsletter: https://linktr.ee/bobknakalnyc

JLL Portfolio: https://invest.jll.com/us/en/listings/portfolio/rb-portfolio-newyork-ny-unitedstates
LinkedIn: https://www.linkedin.com/in/bobknakal/
Facebook: https://www.facebook.com/BobKnakalNYC
Instagram: https://www.instagram.com/BobKnakalNYC
Twitter: https://twitter.com/BobKnakal

#nycrealestate #investmentsalesnyc #capitalmarkets #bobknakal

12 3

In this Knakal News Network update, we'll take a deep dive into the New York City Investment Sales market, featuring Bob Knakal of JLL. Bob is a seasoned professional with over 35 years of experience in the industry.

Here are 4 key highlights that you will learn from this video:

🔑 Supply and Demand Dynamics: Bob discusses how the supply and demand dynamics in the New York City Investment Sales market have changed over the years. He shares insights into how the pandemic has affected the market and what the future might hold.

🔑 Trends in 2022 and Beyond: Bob shares his thoughts on what 2022 might look like for the Investment Sales market and what to expect beyond that. He also shares some predictions for the future and what he thinks could happen over the next few years.

🔑 Non-Discretionary Sellers: Bob talks about non-discretionary sellers and how they are driving the market. He shares some examples of these types of sellers and why they are so important.

🔑 Strategies for Success: Bob provides some helpful tips and strategies for success in the Investment Sales market. He shares insights into what has worked for him over the years and how to stay ahead of the competition.

If you are interested in learning more about the New York City Investment Sales market and want to gain valuable insights from a seasoned professional connect with Bob using the links below ⬇️

Connect with Bob:

🔔 Subscribe to my Newsletter: https://linktr.ee/bobknakalnyc

JLL Portfolio: https://invest.jll.com/us/en/listings/portfolio/rb-portfolio-newyork-ny-unitedstates
LinkedIn: https://www.linkedin.com/in/bobknakal/
Facebook: https://www.facebook.com/BobKnakalNYC
Instagram: https://www.instagram.com/BobKnakalNYC
Twitter: https://twitter.com/BobKnakal

#nycrealestate #investmentsalesnyc #capitalmarkets #bobknakal

4 2

Welcome to Knakal News Network Episode 184 – The Housing Market in NYC

In this episode, we'll be discussing the current NYC Housing Market with Bob Knakal, a renowned real estate expert and head of JLL's Private Capital Group.

In New York City, the issue of affordable housing is a hot topic that has been debated for years. As a result, the city is facing a significant housing crisis that affects all residents at all income levels. Bob discusses his 5 Key fixes that can help solve the issue.

🔑 More supply
🔑 Extending the TCO for the Tax Abatement Program
🔑 Bring back the original nature of the individual apartment improvement bonus and the major capital improvement bonus.
🔑 Lift the 12 FAR cap on residential density.
🔑 Incentivize the conversion of old or obsolete office buildings into residential.

By implementing these key fixes, the city can work towards solving the housing supply shortage and provide affordable housing for all residents.

What are your thoughts? Do you think these would work?

Connect with Bob:

🔔 Subscribe to my Newsletter: https://linktr.ee/bobknakalnyc

JLL Portfolio: https://invest.jll.com/us/en/listings/portfolio/rb-portfolio-newyork-ny-unitedstates
LinkedIn: https://www.linkedin.com/in/bobknakal/
Facebook: https://www.facebook.com/BobKnakalNYC
Instagram: https://www.instagram.com/BobKnakalNYC
Twitter: https://twitter.com/BobKnakal

#nycrealestate #investmentsalesnyc #capitalmarkets #bobknakal

5 1

Get the inside scoop on New York's investment sales market with Bob Knakal in this episode of KNN 182!

Bob and Jonathan Hageman, Managing Director of Capital Markets at JLL discuss what happened in 2022 in the investment sales market in New York City and what they expect to see in 2023.

Highlights of this chat include:

-What the 2023 Investment Sales Market Predictions
-The cyclical nature of New York Investment Sales
-Fed Rate Increases and how that's affect the New York Investment Sales Market
-Debt Markets
…and more!

Connect with Bob:

🔔 Subscribe to my Newsletter: https://linktr.ee/bobknakalnyc

JLL Portfolio: https://invest.jll.com/us/en/listings/portfolio/rb-portfolio-newyork-ny-unitedstates
LinkedIn: https://www.linkedin.com/in/bobknakal/
Facebook: https://www.facebook.com/BobKnakalNYC
Instagram: https://www.instagram.com/BobKnakalNYC
Twitter: https://twitter.com/BobKnakal

2 0

Welcome to Knakal News Network Episode 183 – The New York Investment Sales Outlook for NYC.

In this episode, we'll be discussing the current NYC investment sales outlook with Bob Knakal, a renowned real estate expert and head of JLL's Private Capital Group.

We'll explore the trends in NYC investment sales, how the market is responding to the pandemic, and what investors should be considering when looking at the New York market.

Tune in for this informative episode as Bob Knakal breaks down the current New York investment sales outlook.


Connect with Bob:

🔔 Subscribe to my Newsletter: https://linktr.ee/bobknakalnyc

JLL Portfolio: https://invest.jll.com/us/en/listings/portfolio/rb-portfolio-newyork-ny-unitedstates
LinkedIn: https://www.linkedin.com/in/bobknakal/
Facebook: https://www.facebook.com/BobKnakalNYC
Instagram: https://www.instagram.com/BobKnakalNYC
Twitter: https://twitter.com/BobKnakal

3 0

Bob Knakal, Head of New York Private Capital Group at JLL, discusses the importance of networking in the real estate industry with Jon Hageman, Managing Director at JLL.

Real estate business is a relationship business, and networking is a great way to strengthen and build relationships. Networking can take many forms, such as having meals or drinks with clients, attending events, and going to seminars.

It's important for market presence and being visible in the market by phone calls, email blasts, hard mail, and text to create a top-of-mind presence with decision-makers.

Some networking events, such as the Real Estate Board of New York's annual banquet, Commercial Observer's Power 100 Gala, BizNow's seminars and conferences, and Red Connect and Property Shark's events are great ways to network with your peers.

Connect with Bob:

🔔 Subscribe to my Newsletter: https://linktr.ee/bobknakalnyc

JLL Portfolio: https://invest.jll.com/us/en/listings/portfolio/rb-portfolio-newyork-ny-unitedstates
LinkedIn: https://www.linkedin.com/in/bobknakal/
Facebook: https://www.facebook.com/BobKnakalNYC
Instagram: https://www.instagram.com/BobKnakalNYC
Twitter: https://twitter.com/BobKnakal

#nycrealestate #investmentsalesnyc #capitalmarkets #bobknakal #NYInvestmentsales #NYRealEstate #JLL

3 0

Bob Knakal, Head of New York Private Capital Group at JLL, discusses the the Five T's that allowed for his type of track record in the real estate market with Jon Hageman, Managing Director at JLL.

The First T is "track the market," which means to become an expert on the market, you have to track everything that's happening, who is buying, who is selling, who owns the buildings, what is happening with different aspects of the market, and what new developments are happening.

The Second T is "understand trends," which means to look at trends, understand trends, and try to see trends before they happen.

The Third T is "teamwork," which is probably the most important one, and that's working with great people who have helped him throughout his career.

The Fourth T is "treat people right," which means building relationships, maintaining relationships, and doing the right thing.

The Fifth T is "tenacity," which means being persistent, never giving up, and always working hard to achieve success.

Connect with Bob:

🔔 Subscribe to my Newsletter: https://linktr.ee/bobknakalnyc

JLL Portfolio: https://invest.jll.com/us/en/listings/portfolio/rb-portfolio-newyork-ny-unitedstates
LinkedIn: https://www.linkedin.com/in/bobknakal/
Facebook: https://www.facebook.com/BobKnakalNYC
Instagram: https://www.instagram.com/BobKnakalNYC
Twitter: https://twitter.com/BobKnakal

#nycrealestate #investmentsalesnyc #capitalmarkets #bobknakal

4 0

In this conversation, Jon Hageman, Managing Director at JLL, interviews Bob Knakal, JLL Investment Sales, about the land development market in Manhattan.

Bob explains that the peak of the land sale market in Manhattan was in 2015 and 2016, with the highest prices per buildable square foot ever recorded. Volume dropped in 2016, but value hit its peak, and as they progressed through 2016, volume continued to drop.

In 2020, the pandemic caused a value correction, and the market hit bottom. However, at the end of the first quarter of 2021, residential reports showed upward pressure being exerted on residential rents for the first time in years. This stimulated private equity folks to call up and say they wanted to get back into the development market.

The market started to pick up in the second quarter of 2021, and the first half of 2022 has been great for the land development market in Manhattan, with the square footage sold, the number of development transactions, and the dollar volume all tracks to be up from last year.

Connect with Bob:

🔔 Subscribe to my Newsletter: https://linktr.ee/bobknakalnyc

JLL Portfolio: https://invest.jll.com/us/en/listings/portfolio/rb-portfolio-newyork-ny-unitedstates

LinkedIn: https://www.linkedin.com/in/bobknakal/
Facebook: https://www.facebook.com/BobKnakalNYC
Instagram: https://www.instagram.com/BobKnakalNYC
Twitter: https://twitter.com/BobKnakal

#nycrealestate #investmentsalesnyc #capitalmarkets #bobknakal

3 0

In this episode of KNN, Jon Hageman, the Managing Director at JLL, discussed with Bob Knakal, Head of New York Private Capital Group at JLL, the results of a survey they conducted on their clients' concerns for 2020.

The survey had 847 respondents, and the top concern among commercial real estate market participants was politics and regulation. Respondents were worried about where things are headed from a political perspective, especially after seeing how rent regulation changed significantly against the interests of property owners.

They were also concerned about the implementation of other regulations and positions that elected officials might take that could harm the real estate market. The political headwinds were driving investment capital out of New York City, and many investors were looking for a more hospitable place to invest.

Bob Knakal believed that a thriving real estate and business community would be great for New York, as the real estate industry provides more than half of the tax revenue in the city.

Connect with Bob:

🔔 Subscribe to my Newsletter: https://linktr.ee/bobknakalnyc

JLL Portfolio: https://invest.jll.com/us/en/listings/portfolio/rb-portfolio-newyork-ny-unitedstates

LinkedIn: https://www.linkedin.com/in/bobknakal/
Facebook: https://www.facebook.com/BobKnakalNYC
Instagram: https://www.instagram.com/BobKnakalNYC
Twitter: https://twitter.com/BobKnakal

#nycrealestate #investmentsalesnyc #capitalmarkets #bobknakal

3 0

In the first quarter of the year, different product types in the real estate market in New York City are performing very differently, according to Bob Knakal, JLL Investment Sales, about the land development market in Manhattan.

The industrial sector is the strongest but only makes up a small component of the overall market due to zoning, so it does not significantly move the needle.

The multifamily sector, which saw a significant decline in transactions in 2019 and 2020 due to the rent law changes and COVID, has picked up significantly in demand since the first quarter of 2021.

The market has changed dramatically over the past three or four years with many clients who have only bought property in New York now buying all over the country. Despite political headwinds such as good cause eviction and the inability to combine units to get a new first rent, investors are still showing interest in the multifamily sector, which is keeping upward pressure on property values.

The land market is also performing well with positive dynamics and great traction relative to values. The 421A tax incentive program is set to expire soon, and it remains to be seen how it will affect the land market.

Connect with Bob:

🔔 Subscribe to my Newsletter: https://linktr.ee/bobknakalnyc

JLL Portfolio: https://invest.jll.com/us/en/listings/portfolio/rb-portfolio-newyork-ny-unitedstates
LinkedIn: https://www.linkedin.com/in/bobknakal/
Facebook: https://www.facebook.com/BobKnakalNYC
Instagram: https://www.instagram.com/BobKnakalNYC
Twitter: https://twitter.com/BobKnakal

#nycrealestate #investmentsalesnyc #capitalmarkets #bobknakal

4 0

In this episode of KNN, Bob Knakal and Jon Hageman discuss the first quarter 2022 investment sales numbers in Manhattan and the outer boroughs of New York City.

In Manhattan, 55 properties were sold, on pace for 220 for the year, with a dollar volume of 8.6 billion on pace for 34.4 billion, up 15% and 118% from 2021, respectively. In the outer boroughs, there was $1.78 billion of sales volume, down 8.7% from last year, with 56 properties sold on pace for 216, up 28.6% from 2021.

Although the outer boroughs are not yet seeing the same level of positive traction as Manhattan, they are expected to benefit from the current upward trend.

Connect with Bob:

🔔 Subscribe to my Newsletter: https://linktr.ee/bobknakalnyc

JLL Portfolio: https://invest.jll.com/us/en/listings/portfolio/rb-portfolio-newyork-ny-unitedstates
LinkedIn: https://www.linkedin.com/in/bobknakal/
Facebook: https://www.facebook.com/BobKnakalNYC
Instagram: https://www.instagram.com/BobKnakalNYC
Twitter: https://twitter.com/BobKnakal

#nycrealestate #investmentsalesnyc #capitalmarkets #bobknakal

1 0

In the KNN episode, Jon Hageman and Bob Knakal, JLL Investment Sales, discussed the first quarter investment sales numbers in Manhattan.

The dollar volume of transactions over $10 million in the first quarter of 2022 was $8.6 billion, and the number of properties sold was 55. These numbers were higher than the same period in 2020 and 2021.

If annualized, the number of properties sold is projected to increase by 15%, while the dollar volume is projected to increase by 118%. The resurgence of office building sales has been a significant factor contributing to the increase in dollar volume.

One thing that could affect the market in the future is the interest rates, which the Fed has recently increased by 50 basis points and signaled further increases. Knakal believes that interest rate increases are not always negative for the market, as it depends on why rates are going up, not just if rates are going up.

Connect with Bob:

🔔 Subscribe to my Newsletter: https://linktr.ee/bobknakalnyc

JLL Portfolio: https://invest.jll.com/us/en/listings/portfolio/rb-portfolio-newyork-ny-unitedstates
LinkedIn: https://www.linkedin.com/in/bobknakal/
Facebook: https://www.facebook.com/BobKnakalNYC
Instagram: https://www.instagram.com/BobKnakalNYC
Twitter: https://twitter.com/BobKnakal

#nycrealestate #investmentsalesnyc #capitalmarkets #bobknakal

1 0

In this conversation between Jon Hageman and Bob Knakal, JLL Investment Sales, discuss the 2022 outlook for the New York Investment Sales market.

They recap the brief numbers for 2021, which showed a strong finish with a robust fourth quarter, resulting in a better year than 2020, with increased sales volume and number of properties sold. However, they still have a long way to go compared to the peak of the market in 2015.

Bob mentions that historical averages suggest that the market should move up, but there are factors that could impact or derail this growth, such as interest rate policy, tax policy, and local rent regulation.

They then discuss the importance of interest rates and the upward pressure on them due to inflation and the Fed's plan to raise rates to curb it.

Finally, they mention tax policy and how it has an extraordinary impact on the activity of sales volume. Bob expresses his concern about a potential tax increase on the capital gains tax front and the modification of 1031 exchanges.

Connect with Bob:

🔔 Subscribe to my Newsletter: https://linktr.ee/bobknakalnyc

JLL Portfolio: https://invest.jll.com/us/en/listings/portfolio/rb-portfolio-newyork-ny-unitedstates
LinkedIn: https://www.linkedin.com/in/bobknakal/
Facebook: https://www.facebook.com/BobKnakalNYC
Instagram: https://www.instagram.com/BobKnakalNYC
Twitter: https://twitter.com/BobKnakal

#nycrealestate #investmentsalesnyc #capitalmarkets #bobknakal

0 0

In this conversation between Jon Hageman and Bob Knakal, JLL Investment Sales, they discuss the year-end 2021 Manhattan investment sales metrics.

Despite a slow start to the year, the fourth quarter showed positive results with $14 billion in total dollar volume, up 26% from 2020, and a total of 167 deals in Manhattan over $10 million, a 61% increase from the previous year.

However, these numbers are still far below the peak market of 2015, which had $57.5 billion in total dollar volume.

The conversation also touches on the implications of the 66-month correction in investment sales, with Bob Knakal believing that the market is poised to take off and run over the next several years.

Connect with Bob:

🔔 Subscribe to my Newsletter: https://linktr.ee/bobknakalnyc

JLL Portfolio: https://invest.jll.com/us/en/listings/portfolio/rb-portfolio-newyork-ny-unitedstates
LinkedIn: https://www.linkedin.com/in/bobknakal/
Facebook: https://www.facebook.com/BobKnakalNYC
Instagram: https://www.instagram.com/BobKnakalNYC
Twitter: https://twitter.com/BobKnakal

#nycrealestate #investmentsalesnyc #capitalmarkets #bobknakal #realestate

0 0