Owning and managing a retail-based business is very challenging. The United States is home to over 329,000 brick-and-mortar retail stores. With all of the competition in the world of retail, you have to find a way to make your business …
7 Reasons Why You Should Renovate your Retail Store Read More →
In addition to embarrassment and stress, having your property tagged by a code enforcement officer from your city cause major time and cost overruns. It is vital to resolve the issue swiftly to prevent expensive liens and penalties on your …
No one likes dealing with change orders, so it is surprising that change orders affect at least one third of all construction projects. Some change orders may be inevitable but others can be planned for in advance. Often times contractors …
What is a Bridge Loan? Bridge loans are essentially short-term loans used until a company or person can secure permanent financing or remove an obligation. These loans allow you to meet your current obligations by providing you with immediate cash …
As we mentioned last month, when purchasing a commercial real estate property, it is important to carry out your due diligence. By this we mean conducting ample research on the land, the property, and the sellers. Boundary disputes and unrecorded …
5 Reasons Why an ALTA Survey is Needed Before Developing a Commercial Property Read More →
Undoubtedly, investing in commercial real estate demands a carefully executed, strategic plan, especially when the property in question is a multi-tenant shopping center. A multi-tenant shopping center is a much different type of commercial property than a local business strip …
Top 4 Criteria to Assess When Purchasing a Shopping Center Read More →
Buying a commercial property requires plenty of research and due diligence on your part. You need to know everything about your property before you invest thousands or millions of dollars into it. Part of this due diligence is the Environmental …
The Importance of Environmental Site Assessments Read More →
The recent tragedy that ensued in Florida is predicted to bring major changes and additional precautions added to the building design and construction process. On June 24th at 1:15am, the Champlain Towers South Condominium, a building that had stood for 41 years, collapsed to the ground …
Stay in the Know: The Latest Trends Facing the Commercial Real Estate World Read More →
When a restaurant, retail, industrial, or medical business wants to expand with multiple new locations, they will often select a preferred developer to help them establish a good team and standardize their development projects. This is especially true of franchise owners. This article will cover what a preferred developer is and why many companies choose to use them. A …
Would you say this statement is true? You love awful surprises that cost you a lot of money during your commercial real estate venture. No? Who would? That’s why doing your due diligence is vital before purchasing a commercial property. …
Why Due Diligence is a Critical Step Before Purchasing a Commercial Property Read More →
In real estate development, setting a budget is one of the most critical things you have to do. A realistic budget is one of the first steps in setting up your project for success. On the flip side, a poorly …
How to work with your development team to set a project budget Read More →
So, you’ve found a property that seems like a hidden gem, and the idea of redeveloping it is very appealing. Especially if it’s in an up and coming area, you may think it’s a steal. And maybe it is! But …
How to Evaluate Real Estate Development Opportunities Read More →
