#113 The $30B market hiding within dealerships, How private equity values car lots, Dealership real estate tax hacks and sale-leasebacks | Mark Pomella, Vice President at SAB Capital
Welcome to the Car Dealership Guy Podcast. In this episode, I'm speaking with Mark Pomella, Vice President at SAB Capital where we discuss: The $30B market hiding within dealerships, How private equity values car lots, Dealership real estate tax hacks and much more.
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SAB Capital -SAB Capital is a brokerage powerhouse of experienced investment sales professionals providing advisory services that create an impact across a variety of sectors and asset classes consisting of Net Lease, Retail, Industrial, Affordable Housing, Leasing, 1031, Sale Leaseback, and Capital Markets. Learn more at https://www.sabcap.com/
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Topics:
(00:00:00) - Intro
(00:01:38) - The state of the commercial real estate market today
(00:04:16) - Mark’s role at SAB Capital
(00:05:48) - What are sale lease-backs?
(00:07:30) - Why are dealers looking to sell their real estate as a form of financing?
(00:09:48) - What is a dealer paying on average in a mortgage as a percentage of sales?
(00:12:19) - Are you targeting any specific regions of the country?
(00:18:51) - How does selling the real estate impact the value of the dealership?
(00:22:02) - Tax consequences
(00:23:05) - How do sales impact the experience of the facility?
(00:25:13) - What regions and brands are performing well right now?
(00:27:09) - Who are the people buying these properties
(00:32:01) - How are you getting deals across the table in this market state
(00:33:22) - Closing thoughts
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Information
- Show
- FrequencyUpdated Weekly
- PublishedAugust 27, 2024 at 9:00 AM UTC
- Length35 min
- Season1
- Episode113
- RatingClean