It has never been more expensive to keep a roof over one’s head. The price of land and already-built housing continues to soar across the United States as well as other developed countries. A combination of inflation, elevated building materials costs and population growth has made housing unaffordable for a growing number of Americans. However, […]
Los Angeles Commercial Property
Role of Location Intelligence in Commercial Real Estate
Traditional brick-and-mortar retail business has been partially replaced by web-based “e-tailers.” However, conventional shopping at actual buildings will still occur tomorrow and also years into the future. Business owners and those with commercial property interests are now using something called location intelligence to obtain a better and more thorough understanding of retail shopping as the […]
An Inside Look at the Co-Tenancy Clause in Commercial Real Estate
Co-tenancy clause in commercial real estate The co-tenancy clause in commercial real estate is referenced from time to time in media, yet plenty of people who own, rent and lease commercial property do not understand what this clause is really all about. The commercial real estate co-tenancy clause has the potential to prove quite important […]
Why Obsolescence is so Important in the Context in Commercial Real Estate
When the word “obsolescence” is used, most people think of planned obsolescence, in which products are made with inherent flaws or shortcomings with the overarching aim of an eventual failure that proves quite profitable. The goal of such obsolescence is to rake in even more revenue with additional sales of the same product over and […]
The Benefits of a Property Management Website
Nowadays, it seems like everything is online. Property owners who have several buildings in their portfolio should give serious consideration to shifting their property management to the web if they haven’t already. Though this might seem like an unnecessary complication, there are plenty of reasons to organize your property management projects on the internet. Why […]
The Top 5 Risks Inherent to Commercial Real Estate
Risk is a natural and necessary component of both life and business. However, risk tolerance is not the same from one individual or business to the next. Furthermore, risk level differs from one commercial property to the next. Buying, selling and investing in real estate clearly has inherent risk as no one can predict where […]