Tag Archives: commercial real estate

Commercial Real Estate Lingo – 10 Terms You Need to Know

Every career field has its own lingo and sometimes we come into a field that has a lot of jargon. Commercial real estate is one of those fields and if you don’t have a background in it, the feeling of understanding what’s going on can become overwhelming. After being at my job for over 6 months, I thought it was a good time to share the 10 most common words in commercial real estate that everyone should know. Building Classifications …
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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apartment units being built every year, older apartment complexes can be a turn off to renters, especially if they are outdated.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 apartments are thriving and getting premium rent, Class B and Class C can potentially fall behind in maximizing rent. However, there are a few simple, …
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