Using Cap Rate to Determine Commercial Property Value

An executive and real estate investor with more than 35 years of experience, Louis Paolino founded Paolino Development in 2008 to serve clients in the commercial and residential sectors. Working with properties in luxurious locations such as Miami and The Hamptons, Louis Paolino is an expert in high-end property development. 

Commercial real estate properties are those owned exclusively for business activity. In general, the value of a commercial property is determined by how much money it earns for the owner. A real estate developer commonly uses a cap rate to create a figure for the value of a commercial property. 

To calculate a cap rate, divide the net operating income of the business occupying the real estate by the asking price. Net operating income is determined by subtracting the annual expenses of property ownership from the rental received. Many professionals consider a cap rate between 4 and 10 percent to be an indication of a good investment.

Some Benefits of Going Public

For over 35 years, Louis Paolino has served as an executive and board member in various public and private companies. In this capacity, Louis Paolino knows the advantages of private companies going public.

There are many advantages of going public besides the injection of fresh capital through an initial public offering. One of them is liquidity. When a company’s shares are traded on the stock exchange, they become more liquid. This means shareholders such as early investors and founders can sell their stock easily, realizing a return on their investment. Alternatively, these shareholders can use their stock, now freely marketable securities, as collateral to acquire financing from lenders. 

The benefits of liquidity go beyond executive shareholders. Management and employees can receive compensation through incentives like stock options, allowing them to own marketable securities. Because the price of shares listed on the stock exchange is determined by the market every day, people who possess stock options are able to calculate their value whenever they wish. The company expands its payment options while employees diversify their wealth portfolios. In addition, employees become more invested in the company and its operations, since their wealth is directly tied to the company’s fortunes.

Properties Sold by Paolino Development

The chief executive officer of Paolino Development in Miami Beach, Florida, since 2008, Louis Paolino has more than 35 years of experience leading public and private companies. Louis Paolino has spent the last decade strategically developing and selling various properties throughout the United States, particularly in and around upstate New York.

The property sold at 104 Halsey Lane, located south of the Montauk Highway, is a 17,578-square-foot estate on 2.6 acres. The luxury home features 14 bedrooms and 17.5 bathrooms, a gourmet kitchen, a library, and a media room, among other living and entertainment spaces. In addition to its more eye-catching features, such as an all-weather tennis court and a heated gunite pool, the property at 104 Halsey is defined by an exquisite attention to detail, such as 100 percent copper plumbing with a three-quarter-foot valve system that allows for maximum water pressure.

Additional features range from a home gym to a wine cellar on the lower level. To learn more about Paolino Development property listings, please visit www.paolinodevelopmentny.com.

A Look at Paolino Development’s 1400 Meadow Lane

For more than three decades, Louis Paolino Jr. has spearheaded aggressive acquisition strategies and spurred corporate growth as the chief executive officer (CEO) and president of multiple companies. Louis Paolino Jr. now serves as the CEO of Paolino Development, where he focuses on luxury real estate development.

Headquartered in Miami Beach, Florida, Paolino Development directs the design, construction, development, and management of ultra-high-end real estate. One such property currently under construction is 1400 Meadow Lane, a residence situated in a prime oceanfront location on Southampton’s Billionaire’s Row.

The estate will feature approximately 11,000 square feet of living space, complete with a state-of-the-art kitchen with wine storage, seven bedrooms, and an infinity edge pool and spa. Moreover, the property offers amenities for entertaining that include an open-concept layout, a three-sided fireplace, a formal dining area, a parking lot for 16 vehicles, and a large oceanside deck. 

For additional information on 1400 Meadow Lane, and to view other Paolino Development properties, visit paolinodevelopmentny.com.

Paolino Development’s Upcoming 1400 Meadow Lane Estate

Real estate developer Louis Paolino has over 35 years’ experience building companies. With an office in Miami Beach, Florida, Louis Paolino is the CEO of Paolini Development. 

Paolino Development is currently developing a prime property on the oceanfront Meadow Lane address on Southampton’s Billionaire’s Row. The estate will sit on 2.6 acres of landscaped land right next to the beach. 

Upon completion, the property will encompass over 11,000 square feet and will rise to two floors. The first floor will have a grand master suite with baths, closets, and an office, plus six more bedroom suites. It will also have a 2,872-square-foot patio styled with Turkish marble overlooking a pool and the vast open sea. 

On the second floor will be a VIP suite, a modern kitchen with complimentary pantry, and a great room with a three-sided fireplace. It will also have a formal dining room and morning room. This floor will be made for entertainment with open living areas and direct access to a mahogany deck. Amenities will include a glass wine storage, theater, tennis court, and spacious garage parking. The property is also close to the Southampton Heliport.

Paolino Development Creates Beautiful South Beach Home

Louis Paolino serves as CEO of Paolino Development in Miami Beach, Florida, a real estate investment and development firm focusing on multimillion-dollar properties. Under Louis Paolino’s leadership, the company acquired two townhouses at the South Tower of Continuum on South Beach, and joined them into a single 5,500-square-foot residence. 

The three-story home features a 2,000-square-foot terrace with a direct view of the ocean, and contains a kitchen, two guest bedrooms, and living and dining areas on its ground floor. Four additional bedrooms with private bathrooms are located on the second floor, and the third floor includes a 3,000-square-foot terrace with a 360-degree vantage point. Residents also can make use of a kitchen and custom-designed office on the roof. 

Tenants receive access to the amenities offered by the South Tower of Continuum, ranging from separate men and women’s spa areas to a private gym and three private pools. The 12-acre property also offers three tennis courts under the operation of ATP World Tour professionals, and access to 300 feet of private beach chairs that include full food and drink services, as well as an organic restaurant.

Interested individuals may rent the townhouse for $50,000 a month.

Paolino Development Continuum on South Beach TH 2

1400 Meadow Brings More Luxury to Billionaire's Row

The CEO of Paolino Development, Louis Paolino has built a strong portfolio of luxury residential and commercial properties in the East Coast market. From Florida to New York, Louis Paolino’s assets include retail space, luxury penthouses, and ocean-front homes.

Paolino Development’s portfolio includes an 11,000-square-foot home on Southampton’s Billionaire Row. The home, which will be perched on about three acres of waterfront property at 1400 Meadow Lane, is currently under construction. It will include two master suites and a VIP suite, plus six additional bedrooms.

The second-floor living space is designed for entertaining. The open concept comprises a great room with ocean views and a three-sided fireplace, a formal dining room, full kitchen with oversized wine storage, and a morning room.

The home will have a south-facing infinity-edge pool and spa, a state-of-the-art theater, a tennis court and 6.5-car garage. Its features also include a nearly 3,000-square-foot marble patio that overlooks the pool with an ocean view.

Louis Paolino- CEO of Paolino Development

Louis D. Paolino Jr. brings over three decades of experience in senior executive, corporate board, and real estate investment roles. He’s recognized for his keen judgment and decision making along with his advanced expertise in design, construction, site development, mergers & acquisitions, and market conditions. Mr. Paolino’s business deals have been published in the Wall Street Journal, New York Times, and Los Angeles Times among others.

Through the decades, he’s built a real estate development portfolio encompassing prime commercial and luxury residential properties from Miami and Fort Lauderdale to Ocean City, New Jersey and The Hamptons. Current development assets include 1400 Meadow Lane, Southampton, NY, with an initial market listing at $53.9 million. Additional assets include retail space, preeminent ocean-front residences, luxury penthouses, and high-end spec homes. Since 2008, he’s focused solely on Paolino Development NY Inc. and on growing his ultra high-end luxury real estate development portfolio.

His current projects in the Hampton's was recently recognized by Curbed.com with some of the most expensive real estate in the area. For more information go to:

https://hamptons.curbed.com/maps/most-expensive-properties-for-sale-hamptons

 

Top Trends in the Luxury Real Estate Market in 2018

An established business executive, Louis Paolino Jr. has more than three decades of experience in growing public and private companies by using effective acquisition strategies and internal growth initiatives. Today, Louis Paolino Jr. serves as a luxury real estate investor and developer in several eastern US markets.

The luxury real estate market is competitive and expanding. Here is an overview of some of the significant trends that are emerging this year:

- Incorporating aspects of health and wellness into property designs continues in 2018, and the wellness-lifestyle real estate market is expected to grow from $119 to $153 billion by 2020. 

- Research demonstrates that buyers prefer properties surrounded with greenery and water and those that provide direct access to fitness facilities, spas, and amenities such as lobby stroller storage, pet spas, and children’s game rooms. 

- Smart homes that feature Wi-Fi technology, smart speakers, and devices with artificial intelligence are becoming more common.

- Trends in home decor are moving toward purposefully creating an over-decorated look that incorporates a mixture of patterns and designs.

How to Treat Accidental Pepper Spray Exposure

A successful entrepreneur for more than three decades, Louis Paolino, Jr., operates as the president and CEO of Wenonah Investments. Earlier in his career, Louis Paolino, Jr., served as the president and CEO of Mace Security International, Inc., a manufacturer of pepper spray and other security products, growing the asset value of the company to more than $60 million.

Pepper spray is a nonfatal, an inexpensive, and an effective method of self-defense. However, in the event that you or someone else is accidentally exposed to it, take these steps to alleviate the burning and other symptoms. If the skin is affected, apply whole milk to the area by saturating a towel with the milk any laying it over the affected skin. After the burning subsides, remove the pepper spray oils from the skin by washing the area at least eight to 10 times with dish soap and cold water.

If the spray gets in your eyes, flush them well with water and saline solution. Throw away any contact lenses that came into contact with the spray. Continue to flush your eyes until you find relief, and expect the burning to linger at least two hours. Remove pepper spray on clothes by applying facial cold cream to the area and letting it sit for 20 minutes before washing it.

The Importance of Waste Management

Respected business leader Louis Paolino Jr. has held executive positions at companies based in Florida, New Jersey, and Pennsylvania. Throughout much of his career, Louis Paolino Jr. has worked for waste management companies, including Eastern Environmental Services and USA Waste Services.

In the past, people disposed of waste by burning it or burying it, but these methods of waste disposal have become unsustainable. Further, much of the waste currently produced is not biodegradable and can damage the environment. 

For these reasons, waste management has become important for maintaining good environmental and social health. Waste management companies are responsible for disposing of garbage in environmentally friendly ways, which include the recycling of glass, plastic, and paper products. 

Recycling reduces strain on the earth’s natural resources. For example, instead of cutting down more trees to produce grocery bags, old bags and other paper products can be recycled to make new grocery bags.

Common Traits of Effective CEOs

Entrepreneur Louis Paolino Jr. has spent more than three decades growing private and public companies in the security and waste management industries. Over the years, Louis Paolino Jr. has held executive positions in companies such as Girard Point Transfer, Mace Security International, and Soil Remediation, Inc.

Not everyone is cut out to be the leader of a company. Here are several traits that effective CEOs share:

- Strong communication skills. Good communication is a key part of any CEO position. Without strong communication skills, CEOs would struggle with motivating their teams and sharing ideas.

- Willingness to take risks. A certain level of risk exists in starting a company or making major changes in an existing company. For this reason, effective CEOs must be willing to take risks to advance the business.

- Macro management capability. CEOs are not likely to interact with every employee under them. Instead, CEOs must lead a team of managers who are responsible for handling individual employees.

- Ability to think creatively. Sometimes the solutions to problems are straightforward, but most problems require some creative problem-solving. CEOs must be capable of thinking creatively to help their companies and customers.

What Is a Secondary Public Offering?

Louis Paolino Jr., a successful public and private company chief executive, serves as the owner, CEO, and president of Wenonah Investments. Prior to his current work, Louis Paolino Jr. served as the chairman of the board and CEO of Eastern Environmental Services, where he successfully raised over $330 million in cash through two secondary public offerings. 

Also known as a secondary distribution, a secondary public offering occurs when a major shareholder sells a large amount of stock in a firm, or when a company issues new stock. Often, secondary public offerings are undertaken to raise funds for growth, to refinance debts, or to restructure the ownership of a firm. The day that a secondary offering takes place is known as impact day, and the process is assisted by an underwriter and investment banks.

Secondary offerings can only be completed by companies that have already made an initial public offering (IPO). An important distinction between an IPO and a secondary offering is that while an IPO always raises capital for the issuing firm, a secondary offering transfers ownership or spreads the company’s ownership over a greater number of shares.

Waste Reduction and Landfill Solutions

Louis Paolino Jr. has held several leadership roles throughout his career, including as owner and president of Soil Remediation Inc., in Philadelphia, Pennsylvania, and as CEO, board chairman, and president of Eastern Environmental Services in Mount Laurel, New Jersey. In these roles, Louis Paolino Jr. grew both companies and sold them successfully to other waste management and environmental services industry players.

Waste management is an important industry in our times because the waste we produce and how we dispose of it can have a major impact on our environment. According to the Environmental Protection Agency, each person in the U.S. produces 4.4 pounds of waste every day, and only composts or recycles 1.51 pounds of that. A lot of that waste ends up in landfills, where toxic plastics and other substances interact to create noxious gases. Further, some evidence shows an increase in birth defects in neighborhoods close to landfills.

Reducing waste by reusing products and switching to healthier materials may help address America’s toxic waste issue. Products such as construction materials can also be diverted from landfills and reused in other ways. The toxicity of landfills might also be improved with better rules and regulations around categorizing the substances that are thrown away. There are some effective new technologies for getting rid of waste but many of them have negative consequences such as polluting toxic ash from landfill incineration. Investing in improving these technologies may be a vital move for protecting the environment in a high-waste era.