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Commercial real estate is extremely different than the purchasing of residential real estate. According to CRE Online, commercial real estate value is determined in an inverse proportion to the degree of risk inherent to the continuance and stability of the income stream from the property. Also, with commercial real estate, you are putting much more…
Upgrading Apartments Without Upsetting the Bank
With an estimated 300,000 new apartment units being built every year, older apartment complexes can be a turn off to renters, especially if they are outdated. New apartment complexes are being built with all the bells and whistles to attract millennials who tend to have high expectations of living arrangements. So, while these Class A…
Happy Tenants Means More Retention
So What Can You Do to Keep Them Happy? Being a landlord is like a juggling act. Not only are you trying to keep your tenants happy, but it is a business, so you are still trying to make money as well. Whether you manage residential properties – from a few flats to…
What to Expect in Commercial Real Estate for 2015
2014 was the year for commercial real estate growth. Multifamily sector soared to new records, industrial demand outpaced supply, and retail transaction price were up significantly in various regions of the United States. So, while there may not be a magical crystal ball that can tell us how commercial real estate will fair in 2015,…