How to Renovate Tenant-Occupied Properties Renovating your investment property is a great way to boost its value and make the space look better. But what if you have a tenant living in the apartment you want to renovate? Well, that certainly complicated things a little. Even though you own the property, the tenant who rents […]
Commercial Property Remodeling
Doubling Down: How One Owner Profited by Remodeling During a Major Vacancy
The Challenge Architect and commercial property owner Eric Luk had a decision to make in 2017. His five-building commercial complex West Main Place Medical and Professional Plaza was about to lose a major tenant occupying roughly fifteen percent of the complex’s leasable units. In the face of major vacancy, he could either hit the panic […]