by Gary Higgins | via Boston Business Journal Rent will increase at 1.75% for the first 10 years and at between 1.75% and 2.50% over the remainder of the lease. Wynn said it will retain its 13-acre developable land portfolio on the east side of Broadway in Everett, where it plans to build an expansion […]
by Ted Knutson | via The Globe St Climate change may trigger a significant shift in real estate demand, says a new report from the Urban Land Institute and Heitman, a real estate investment management firm. Real estate investors should continue to build their capacity to assess and manage migration-related and broader market-level investment risks […]
by Prashant Gopal | via Bloomberg.com U.S. apartment building sales have jumped to record levels, outpacing all other forms of commercial real estate. Deals totaled $241.9 billion in the 12 months through September, up 27% from the same period in 2019, according to a RealPage Inc. analysis of data from Real Capital Analytics Inc. going back […]
by: Gary Tasman | via NAIOP The COVID-19 pandemic has forced us all to re-evaluate the ways we conduct business, including remote work opportunities, surface sanitization, social distancing, human resources policies and indoor air quality. For those in the commercial leasing business, the concept of force majeure and how it applies to the pandemic is […]
On March 15, the Federal Reserve announced their decision to raise the short-term interest rate to 0.75% – 1%. The Federal Reserve Report on Monetary Policy reports that rates are expected to continue rising to accommodate changes in labor market conditions, levels of inflation, and financial and international developments. The predicted trajectory for future rates […]
That’s a fair question that tenants ask about all the time as the Consumer Price Index (CPI) measures the price change of consumer goods and service, in which real estate is not included. The answer is yes. It does affect your rent that is one of the income sources of your landlord. And it doesn’t […]
A real estate company in New York is using Google Glass to train their agents. As the company claimed in an interview with Inman News, the work between a client and the agent will be recorded (under the agreement of the client) and monitored in the real time by a manager with the purpose of […]
You don’t need to worry about the cost of managing your investment if you know how to manage it efficiently by yourself. It is not an easy task even though you have good reliable tenants. You need to have basic understanding of money and safety issues, local municipal, and city and state laws. If you […]
With property values rising across the country, home and commercial property owners are more open to the idea of selling. If you’re ready to unload your commercial property, a few tips can help you keep a level head throughout the process. Get the most money for your property with small do-it-yourself upgrades. You can raise […]
Although it’s not even Thanksgiving, market trends for 2014 are already appearing. Real estate trends forecast that “Second-tier cities will lead the [real estate] recovery next year”. Cities like Dallas and Portland are becoming more enticing than the “always open” mindset of New York and San Francisco. While this is appealing for some, what does […]
