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The Power Shift in the Market

The Power Shift in the Market

70-90% of tenants are still paying their rent. As a result landlords are having negative cash flows. It is now a tenant favoring market. Landlords and banks will be impaired as this continues. Rents will likely go down as demands go down. Vacancies are likely to...
Is the Landlord or Tenant Responsible for Covid19 Cleaning Costs?

Is the Landlord or Tenant Responsible for Covid19 Cleaning Costs?

What is your landlord doing to satisfy the demand for more cleaning? Using more sanitizer and upgrading your air conditioner is likely necessary. These costs may be passed onto the tenant depending on your commercial lease. Typically larger tenants will take on the...

There’s No Substitute for Leg Work in Real Estate

There’s No Substitute for Leg Work in Real Estate I was at a networking event recently where we were asked to do an intellectual exercise. The speaker posed the question: If you had a magic wand, what would you change—even if it was disruptive—to make your life...

Keeping an Open Mind in the Rental Market

Keeping an Open Mind in the Rental Market It’s a presidential election year, and while that often has implications for markets, it is also a useful insight into people’s thinking. Politics engenders passion, so what we often see are people entrenched in their...

Minority Shares: It’s Complicated

Minority Shares: It’s Complicated There is seemingly an infinite number of ways real estate is owned and sold. In most cases, the owner of real estate has a deed for a property, and when the property sells, the deed is transferred to the new owner in exchange for...