Close Menu
  • Home
  • commercial real estate
  • residential real estate
  • income tax
Commercial Real Estate

Father, son flip Southern California industrial space into luxury car condos – Daily News

November 23, 2025

What can Pittsburgh’s river valley teach California about real estate? – Daily News

November 23, 2025

Why so many IE warehouses? LA, OC industrial rents are nation’s priciest – Daily News

November 22, 2025
Residential Real Estate

Planning To Sell Your Bay Area Home in 2026? Start the Prep Now

October 22, 2025

Patience Won’t Sell Your Bay Area Home. Pricing Will.

September 16, 2025

Buyers Finally Have Time Again

August 21, 2025
Income tax

How to Refuel the Highway Trust Fund

November 17, 2025

2026 State Tax Competitiveness Index

October 30, 2025

Pillar Two Compliance Costs | Tax Foundation Europe

October 22, 2025
Facebook X (Twitter) Instagram
  • Home
  • commercial real estate
  • residential real estate
  • income tax
Visit Our Main Site
MichaelJosh Realty Blog
Facebook X (Twitter) Instagram
Thursday, November 27
  • Home
  • commercial real estate
  • residential real estate
  • income tax
MichaelJosh Realty Blog
Home»commercial real estate»Anniversary lessons for real estate and life – Daily News
commercial real estate

Anniversary lessons for real estate and life – Daily News

By September 13, 2025No Comments4 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link



As I write this, I’m looking out over the vast blue Pacific Ocean. My wife, Carla, and I decided to splurge for our 46th wedding anniversary. The horizon stretches endlessly, a full moon reflects on the ocean, waves roll in with steady crashing, and I can’t help but reflect on our life together.

You may wonder — what does being married since the Carter administration have to do with commercial real estate?

Bear with me. I believe who you love and with whom you choose to spend your life matters foundationally to building a successful career.

In my case, Carla’s patience, wisdom, and encouragement have been the bedrock under everything I’ve accomplished in brokerage. And along the way, I’ve learned a few lessons that apply equally well to marriage and to commercial real estate.

Commitment outlasts market cycles

Marriage requires commitment – not just when things are easy, but through the tough times too. Real estate is no different.

Since I began in the early 1980s, I’ve watched interest rates soar, the savings and loan crisis unfold, bubbles inflate, and recessions squeeze the market.

Through it all, commitment — whether to a client, a property, or the process — proved more valuable than chasing short-term gains. Just as in marriage, staying the course yields long-term rewards.

Communication is everything

After 46 years, Carla and I still occasionally misunderstand each other. But we’ve learned to keep talking, keep listening, and keep clarifying. The same principle applies in commercial real estate. Deals collapse when communication falters.

Clients don’t expect perfection; they expect honesty. A simple phone call explaining a setback can preserve trust better than any contract clause.

Patience produces fruit

No one celebrates 46 years without patience. There were times when raising kids, building careers, and paying bills felt overwhelming. But patience – trusting that small investments of time and effort compound – got us through.

Commercial real estate rewards patience as well. Transactions can drag on, negotiations can stall, and entitlement processes can feel endless. Yet patience, paired with persistence, is often the difference between a failed deal and a successful close.

Shared values create alignment

Carla and I built our life on shared values: faith, family, and integrity. Those values guided decisions on where to live, how to raise children, and even how to face hardship.

In brokerage, I’ve found that values alignment with clients is equally important. Not every prospect is a fit. When you align with those who share your values – fairness, transparency, long-term thinking – the relationship flows, and the work is more rewarding.

Adaptability is survival

Marriage is a constant process of adaptation. People grow, circumstances shift, and unexpected challenges arise. Carla and I had to adapt when careers changed, when children left home, and when new seasons of life arrived. In real estate, adaptability is equally critical. A strategy that worked in one market cycle may not work in another. Brokers who survive are those who adjust without abandoning their foundation.

Looking out at the Pacific, I’m struck by how steady and timeless it feels. Yet even the ocean is always in motion, waves constantly breaking and reforming. That’s marriage. That’s commercial real estate. Both require a balance of commitment and flexibility, patience and action, values and adaptability.

As I celebrate 46 years with Carla, I’m reminded that no career is built in isolation. The relationships that anchor us at home often provide the resilience and perspective we need in business. Success, in life and in real estate, rests not only on the deals we make but on the people who walk with us through the journey.

Allen C. Buchanan, SIOR, is a principal with Lee & Associates Commercial Real Estate Services in Orange. He can be reached at abuchanan@lee-associates.com or 714.564.7104.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link

Related Posts

commercial real estate

Father, son flip Southern California industrial space into luxury car condos – Daily News

November 23, 2025
commercial real estate

What can Pittsburgh’s river valley teach California about real estate? – Daily News

November 23, 2025
commercial real estate

Why so many IE warehouses? LA, OC industrial rents are nation’s priciest – Daily News

November 22, 2025
commercial real estate

What Louisville teaches us about people and real estate – Daily News

November 15, 2025
commercial real estate

What the Dodgers’ 11th-inning triumph teaches us about real estate – Daily News

November 8, 2025
commercial real estate

What camping teaches us about commercial real estate – Daily News

November 1, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Father, son flip Southern California industrial space into luxury car condos – Daily News

November 23, 2025

What can Pittsburgh’s river valley teach California about real estate? – Daily News

November 23, 2025

Why so many IE warehouses? LA, OC industrial rents are nation’s priciest – Daily News

November 22, 2025

How to Refuel the Highway Trust Fund

November 17, 2025

What Louisville teaches us about people and real estate – Daily News

November 15, 2025

What the Dodgers’ 11th-inning triumph teaches us about real estate – Daily News

November 8, 2025

What camping teaches us about commercial real estate – Daily News

November 1, 2025

2026 State Tax Competitiveness Index

October 30, 2025

What the Texas state fair can teach us about real estate – Daily News

October 25, 2025

Planning To Sell Your Bay Area Home in 2026? Start the Prep Now

October 22, 2025

Pillar Two Compliance Costs | Tax Foundation Europe

October 22, 2025

What a 50th high school reunion teaches us about real estate – Daily News

October 11, 2025

Stay informed with the latest commercial and residential real estate news in California on the Michael Josh Realty Blog. Discover market insights, investment opportunities, and expert advice to make confident property decisions in the ever-evolving Californian real estate landscape.

Facebook X (Twitter) Instagram Pinterest YouTube
Latest Posts

Father, son flip Southern California industrial space into luxury car condos – Daily News

November 23, 2025

What can Pittsburgh’s river valley teach California about real estate? – Daily News

November 23, 2025

Why so many IE warehouses? LA, OC industrial rents are nation’s priciest – Daily News

November 22, 2025

Subscribe to Updates

Get the latest real estate news from michaeljoshrealty.com

© 2025 michaeljoshrealty.com
  • Home
  • commercial real estate
  • residential real estate
  • income tax

Type above and press Enter to search. Press Esc to cancel.