Commercial real estate investors have access to many different financing programs when they first purchase a property, but sometimes capital’s needed after a property is already owned. A commercial equity line of credit (CELOC) allows investors to use their equity as a means of attaining as-needed financing.
Understanding Commercial Equity Line of Credit (CELOC)
A commercial equity line of credit is a financing option that … Read More
What is PSF in real estate? Per square foot, often called just PSF in commercial real estate, is a very important term to understand when buying, leasing, or managing these properties. It is a method often used in calculating the real estate rental value and communicating the size and scope of a property for sales transactions. Understanding what it is and the PSF rate within … Read More
A covered land play is a real estate strategy. It is a valuable investment concept that focuses on the increased value a property represents that’s covered. Though a bit more complex, it helps to see how this may work.
What Is a Covered Land Play?
A covered land play is an investment strategy focused on the value of a piece of property. To understand it, … Read More
The landlord-tenant relationship may be arranged in several different ways in commercial leases. Tenancy at will is one of the most flexible arrangements, but flexibility has both its advantages and disadvantages. Here’s a look at what tenancy at will offer both landlords and tenants.
What is Tenancy at Will?
A tenancy at will is a rental agreement in which either the landlord or the tenant … Read More
The investment in building a hotel could prove valuable to many investors looking to launch a new venture in a promising community. Hospitality may be a lucrative commercial real estate investment for many, but there are numerous costs to keep in mind, and those costs can amplify over time depending on the size, location, and type of project. Consider the following to learn more about … Read More
Property owners of multifamily or multi-unit commercial real estate must determine the most appropriate way to ensure utilities are paid. One option is to pay all utilities for units and charge some set amount extra to do so. A secondary method involves installing submeters at each unit to charge these costs based on actual use. However, both methods have limitations, so some investors use Ratio … Read More
One of the most important details of any commercial loan application is the down payment. Most investors seek to put the minimum amount down for a loan to maximize potential returns through leverage and more easily manage monthly cash flows. If you’re in the process of making an offer or securing financing, here’s what the minimum commercial loan down payment generally is.
How Do You … Read More
All parties involved in commercial real estate transactions and investments should consult a commercial real estate attorney at times. Here’s a look at what these lawyers do, why investors need them, and how to choose one that’s best qualified to serve you.
What a Commercial Real Estate Lawyer Does
Commercial real estate lawyers specialize in the legal aspects of buying, selling, leasing, and managing commercial … Read More
Real estate investors commonly need to rely on a commercial lease to create a legally binding contract with their clients. Understanding the types of leases available is a big part of ensuring the best long-term results.
Understanding Commercial Leases
A commercial lease may not seem like a complicated process and may seem to be much like a traditional residential lease. However, there are differences that … Read More
Tenant improvements affect property value, tenant satisfaction, leasing terms, insurance coverage (for the tenant), and more. If you’re involved in commercial real estate in any way, it’s essential that you understand what qualifies as leasehold improvements and what doesn’t. Here’s a look at what tenant improvements are, and the corresponding implications.
What Exactly is a Tenant Improvement?
A tenant improvement, also known as a leasehold … Read More