Commercial Real Estate News
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It’s time to think green when considering how you run your commercial property.
Real estate management requires plenty of energy and resources, and maintaining environmentally conscious business practices can save you cash in the long run. Focusing on sustainability also yields benefits for your tenants, your reputation and, of course, the environment itself.
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Times and trends are changing, and it’s important to keep up.
2023 has seen the commercial real estate industry face new challenges and fresh paradigms. From pandemic-era shifts to the emergence of new technology, the landscape is evolving in new directions. Knowing where the proverbial winds are blowing will help you stay on track as currently emerging trends continue to gain steam.
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Tenants – and more specifically, happy tenants – are the backbone of any commercial real estate venture.
Without tenants to fill your property, there wouldn’t be much of a property to manage. The landlord-tenant relationship is a mutually beneficial partnership that creates trust, understanding and empathy between you and those who occupy your property. Maintaining and strengthening that relationship could very well be the most important aspect of your job, and one that should never be taken lightly.
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Sharing is caring, even in the realm of office space.
Owning and/or using the entirety of a space for your business is certainly beneficial, but the associated costs might make it a bit outside your current price range. Sharing office space with another business (or multiple businesses) is a solid way to keep those costs down while still providing your employees with a place to work and meet.
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Ready to take the edge off your property management responsibilities?
Managing the ins and outs of your real estate venture can get complicated fast. Chances are your to-do list is hefty and your attention is often pulled in multiple directions on a daily basis. If that sounds like you, it’s fair to say a little help would go a long way.
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If you own or are developing real estate, loans can be lifesavers. And nine times out of 10, they’re a must.
A commercial real estate loan is a borrowed sum of cash used to help finance a commercial property. This can include buying, remodeling, building or rebuilding said property, and covers non-residential real estate such as offices, hotels, warehouses, hospitals and more. It also includes vacant property or land where you can construct your buildings.