Found the Perfect Small Business Location? What To Know Before You Open Shop

Congratulations! You’ve found the perfect business location for your startup. Whether you found a great cafe space, a convenient office space, or something else, it’s time for you to go into what you’ve been preparing all this time for, and open for business. Once you’ve crossed that off your list, you want to make sure that the place you’re renting is …

What is a Gross Lease in Commercial Real Estate?

A gross lease is a type of commercial lease in which the tenant pays a flat rental fee. The rent paid is inclusive of all operating expenses such as taxes, insurance, common area maintenance charges, janitorial services, and utilities…. which are paid for by the landlord. Not all commercial properties are managed the same way so be sure to ask …

How Today’s Rental Property Owners Can Prepare for Marijuana Legislation

Ten years ago, there were only 13 states in the U.S. with laws allowing medical marijuana use and zero allowing recreational use. By the end of 2018, 33 states and Canada had legalized medical marijuana and 10 of these states allowed recreational use. These figures are continuously on the rise as legislation is passed in more states and municipalities. At …

Maximizing rent potential in commercial real estate

Bridge financing is short-term financing, sometimes referred to as private money or hard money. Bridge loans are typically made by private individuals and not banks, so the interest rates on bridge loans are higher than bank loans. The year saw record origination volumes from life insurance companies and the GSEs, and the second highest level on record for banks. You’ve …

CRE Technology is Changing How Investors Find True Owners and Win Deals

Sponsored by Reonomy It’s no secret—LLCs are purposely difficult to get past. They’re established for the sole reason of protecting individuals from personal liability, and intentionally obscure the identities of those involved. While they’re great for property owners, they’re a frustrating roadblock for CRE professionals, especially investors trying to source off-market deals. As these individuals try to track down the …

Confidence in U.S. commercial real estate sector abounds

Confidence in U.S. commercial real estate sector abounds   Industry leaders are optimistic about the state of commercial real estate in the United States based on factors such as a solid economy, tax reform, opportunity zones and other advancements. That’s according to a recent survey from Akerman, a law firm based in Miami. More than 200 C-suite and senior real estate …

The Cap Rate Series: The Answer Is No Longer 9%

Author’s note: Brad Thomas is a Wall Street writer, and that means he’s not always right with his predictions or recommendations. Since that also applies to his grammar, please excuse any typos you may find. Also, this article is free, and the sole reasons for writing it is to assist with research and provide a forum for second-level thinking. A …

How to Use the Value-Add Strategy Effectively at Apartment Buildings

Turns out value-add investment strategies, in which developers renovate older apartment buildings, can make apartments too expensive for many lower-income renters, according to industry experts. Firms like Avanath take a different approach. They try to renovate apartments in ways that modestly increase rents and also repair deferred maintenance problems like leaky roofs and pealed paint. That can help keep the …

City of Charleston set to tear up Market Street as part of long-term drainage project

CHARLESTON, SC (WCSC) – The City of Charleston is planning to rip up both North and South Market Street as part of a project that aims at improving drainage in that area of downtown. It’s expected to take between three and four years to complete, according to Matthew Fountain, the city’s director of stormwater management. In that time, crews will …