When owners of large portfolios of investment properties need to make strategic business decisions involving management of these properties, they will usually call on asset managers. Areas of concern are overall leasing strategy involving rental rates and tenant concessions, in addition to repositioning or redevelopment, tenant mix, managing bulk service contracts. The Asset Manager  There […]

For success in achieving the owner’s objectives, there must be open communication between the owner and the management company. The process must be continuing from the onset of the management plan based on the owner’s objectives to the dissemination of monthly and annual financial reports for the owner’s records. Meetings between the owner and the […]

When an investor has searched for new real estate investment opportunities, finding and evaluating them is becoming more sophisticated and complex. Today’s investor in real estate must have a grasp of market conditions and potential that is usually beyond their own available time to attain. A prospective investor may have many questions about what kind […]

Putting a CPI (Consumer Price Index) escalation clause in a lease is to make the lease fair to both the tenant and the property owner.  A primary benefit of escalation clauses is they help protect against diminishing purchasing power related to inflation. The CPI measures monthly the average change in the prices consumers pay for […]

The once abandoned small town railroad stations, which were once the busiest and most accessible buildings in a city, are no longer deserted and deteriorating but have been converted to shopping centers, entertainment venues, and hotels. Stations along commuter lines in smaller towns are being used for small cafes & coffee shops, a flower shop […]

When a buyer makes an offer on an investment property, it is usually only after a thorough inspection of all of the data that is available on the financial records of the building. The physical inspection of the property could be as important or more important than the rents and expenses. Some investors pay more […]