I have 4 clients in trades looking for BIG DEALS ($10M - $50M) . What listing service shows the most BIG DEALS? - Costar, RCM,... what am I missing?
A lot of deals don't get posted to Costar because brokers don't want to pay a co-broker fee. Also, RCM is only available to principals who have been screened so that's out.

Is there a service I'm missing where I might be able to find BIG DEALS???

WOO!
[{"id": "gyrbvs8", "text": "None that I can think of, but crowdsourcing on here is not a bad idea. I have some Off-Market redevelopment and Income deals in that range in Denver.", "replies": [], "depth": 1}, {"id": "gyrdifr", "text": "I wouldn\u2019t even bother with the listing sites. Focus your energy on connecting with other brokers and identifying potential off-market properties.", "replies": [], "depth": 1}, {"id": "gyre9gj", "text": "If something isn\u2019t marketed, you\u2019d have to have a Rolodex of owners who might be interested in selling if the price is right. If we have a buyer who has capital to put to work, we look at our existing client base to find them deals. Those buyers can buy fully marketed deals without you so you need to add some value if you don\u2019t have the listing.", "replies": [], "depth": 1}, {"id": "gyregs1", "text": "The BIG DEALS are likely institutional and will not be openly listed. The distribution will be controlled by the broker and they will likely have no interest in cooperating with another broker. If I were you I would leverage this as an opportunity to call directly on potential properties that fit this criteria and are not listed and see if you can broker a deal off market.", "replies": [{"id": "gys498r", "text": "I cooperate but I\u2019m gonna need a lot signed", "replies": [], "depth": 2}], "depth": 1}, {"id": "gyrg16b", "text": "Big deals are primarily off market listings. Too few potential buyers. Connect with regional offices of CBRE, Newmark, Marcus, Colliers and see what they have cookin. They\u2019ll send the goods", "replies": [{"id": "gytxbkv", "text": "I\u2019d toss Edge in there too.", "replies": [{"id": "gyvgso0", "text": "What is Edge?", "replies": [{"id": "gyvhnc6", "text": "Edge realty - commercial brokerage - handle a bunch of middle America and SE stuff.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "gyrhtpu", "text": "Yeah- off market pocket deals seem to generate the best returns. Also private placement in development deals could be a great avenue. My specialty is Industrial sector within the Houston area and things are on fire lately. Happy to get connected if you\u2019d like.", "replies": [{"id": "gyrlcwr", "text": "What kind of footprint? Only bomber buildings? I see a ton of vacancies In houston under 100k sq ft.", "replies": [], "depth": 2}], "depth": 1}, {"id": "gyrhuhe", "text": "The large deal brokers I've worked with see CoStar as research tool, not a listing service.", "replies": [], "depth": 1}, {"id": "gyrl9dv", "text": "There are some opportunities in those price ranges that can be found on Loopnet, CoStar, AIR/Catalyst, etc. But many are also done off market between brokers who know each other. What area are you looking in? Product, CAP rate, etc? On many off market deals, your buyer may have to pitch in for your commission. I am in SoCal and have an off market shopping center at a 6% CAP for $10,300,000 and another at a 7% CAP for $18.5M. If you client wants generational real estate, I have a 3% CAP for $40M.", "replies": [{"id": "gys5xkh", "text": "3 cap retail?", "replies": [{"id": "gysackm", "text": "Yep....seller has zero motivation and it is considered \"generational\" real estate. I threw it out there more as a joke. Remember, everyone has their \"price\".", "replies": [], "depth": 3}, {"id": "gyvqvmt", "text": "and just to be clear....there are a number of QSR's trading now in CA in the 3% CAP range. There is a Home Depot for 4.5% CAP, but not many people want to bite off that big of a deal for that small of a CAP rate.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "gyrpkwf", "text": "RCM conglomerates a lot of brokered listings. \n\nOther than that, all you need to do is go sign up for broker email blasts. If your in Multifamily, sign up for CBRE, Berkadia, Cushman, Northmarq, JLL, IPA, etc", "replies": [], "depth": 1}, {"id": "gyrpnju", "text": "I know of an off market ~500k sf vacant office building in Cleveland. Prime location. Would need some work to divide it to make multi tenant.", "replies": [], "depth": 1}, {"id": "gyrptkj", "text": "Most commercial brokerage firms should have an interactive list of their marketed listings across the country on their website... Few deal in the $10M+ range are going to be listed for sale at a set price, so either you or your client are going to need to know how to underwrite each asset type. Here are a few links to get you started.\n\n&amp;#x200B;\n\n[https://www.cbredealflow.com/](https://www.cbredealflow.com/)\n\n[https://www.berkadia.com/properties/](https://www.berkadia.com/properties/)\n\n[https://www.us.jll.com/en/investorcenter](https://www.us.jll.com/en/investorcenter)\n\n[http://listings.aranewmark.com/index\\_c.cfm](http://listings.aranewmark.com/index_c.cfm)", "replies": [{"id": "gz14qqq", "text": "Thank you!", "replies": [{"id": "gzgo33n", "text": "To add on to the comment above, Costar is where deals go to die and get listed after they get limited traction at their respective CRE in house listing websites. Also those listing sites above typically have agreements stating no split in commission for a buying broker so you need to make sure you are getting paid from your buyer.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "gyrrloq", "text": "DM me I will put you in touch with a gentleman who has access to deals like this but he does take a fee.", "replies": [{"id": "gyvh2lb", "text": "LOL What does that even mean???", "replies": [{"id": "gyvw9vb", "text": "It means he\u2019s super connected to deals across the US but he takes a point or 2 on the deal for making an introduction if it closes", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "gyrt0cr", "text": "Looking for turnkey sale or development deals? I have some big development deals in the works over the next several years we will need investors for.", "replies": [{"id": "gyvh4lj", "text": "Nah we're looking for cashflowin investments 5+ cap", "replies": [{"id": "gyvki3j", "text": "If you are looking for commercial properties in GTA toronto, we have a few. 5+ Cap.  Not be listed anywhere.", "replies": [{"id": "gz00wqh", "text": "I\u2019m interested, messaged you.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "gyrug7h", "text": "Use Costar to find Similar deals to identify the brokers making the deals you want to do. Call them to see what off market deals they know about. This is where they trade.", "replies": [], "depth": 1}, {"id": "gyrwsfj", "text": "Big game hunting? With no relationships?\n\nRisky business. Can be done if your buyer is willing to pay over market. If not, you will chum the water &amp; look like an asshole if your client doesn\u2019t strike.\n\nAlso, beware of folks wanting to jump into a \u2018big deal\u2019 over market. Hedge against inflation? Maybe. Shady client, more likely.", "replies": [{"id": "gyviidk", "text": "Can you clarify why its risky business? The client's in a trade and the downleg is non-refundable, so its not like we're chumming the waters for no reason.", "replies": [{"id": "gyvl2as", "text": "Hope you close &amp; it works out for you.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "gyrxw2m", "text": "I have some deals, combined $30M I\u2019m selling in STL via brokers. Happy to give you their info", "replies": [], "depth": 1}, {"id": "gys2ibm", "text": "Hey, I have an office building for sale ZCF, 36m, GSA tenant - msg for an exchange ?", "replies": [{"id": "gyvhs5g", "text": "Does the tenant have any outs?", "replies": [{"id": "gyviems", "text": "Built to suit, recently renewed lease expiring in 2035, 10 years firm, option at 5 - due to critical airport location likely the tenant ( border protection ) shall renew", "replies": [{"id": "gyvjm98", "text": "More often than not those leases have clauses that say the tenant can get out of the lease early if there are budget cuts to their department or bureau", "replies": [{"id": "gyvkm3i", "text": "(310)909-5418", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "gys47cz", "text": "Big is relative. \nPlease pm we I have quite a few and a few much larger $1B plus (office)", "replies": [], "depth": 1}, {"id": "gysebns", "text": "BIG DEALS", "replies": [{"id": "gyvgtts", "text": "BIG BIG DEALSSSSSSSSSSSS", "replies": [], "depth": 2}], "depth": 1}, {"id": "gyslkf4", "text": "All mine are off market, direct research and contacting owners directly, whether the property is on the market or not", "replies": [{"id": "gyvhihx", "text": "Hm yeah that's a good idea. Its hard because its such a wide search though.  We're basically lookin for anything stable in core areas +5% cap. Looking for new-er construction and stable with minimal tenants and NNN or minimal management. I feel like its easier to make direct calls when there's a specific locale or property type/size in mind, but unfortunately (or fortunately) that's not the case here.", "replies": [{"id": "gyx4jdb", "text": "Hmm that makes it more difficult. Where I would suggest you start is checking rental websites for vacant properties, checking listing dates, perhaps there are some that have been vacant for a while and the owners may be open to selling. Here in ZA for instance investors are scarce, but properties abundant. I'm working on the acquisition of a casino complex for instance. So start with the rentals, do some research on neighbourhoods that are prime for expansion and use that as a starting point. Traffic data, population density, crime stats etc. Should help with narrowing it down.", "replies": [{"id": "gyyczd3", "text": "&gt; suggest you start is checking rental websites for vacant properties, checking listing dates, perhaps there are some that have been vacant for a while and the owners may be open to selling. Here in ZA for instance investors are scarce, but properties abundant. I'm working on the acquisition of a casino complex for instance. So start with the rentals, do some research on neighbourhoods that are prime for expansion and use that as a starting point. Traffi\n\nThanks! Where's ZA?", "replies": [{"id": "gyyd1t5", "text": "South Africa", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "gyti2og", "text": "All good suggestions here.\n\nAlternative take - speak with people working in large title insurance companies as part of a national commercial services or 1031 exchange division. They all have referral pipelines that are tantamount to a nationwide network of principles and properties involved in exchanges. Fidelity, First American and Westcor all have this, you can look up regional managers in your area of interest and they\u2019ll typically put you in touch.", "replies": [], "depth": 1}, {"id": "gyvj9y3", "text": "Waste of time.", "replies": [], "depth": 1}, {"id": "gz4xmit", "text": "Ha! Everyone in CRE wants easy money, big investors are a dime a dozen, brokers who can find those properties are more valuable than having a client wanting to dish out $70,000,000 in cash. That\u2019s why your commission is high, a little digging a little work and in no time you\u2019ll close one of these guys.", "replies": [], "depth": 1}]