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Refinancing Commercial Properties: What to Know
Refinancing commercial property is the process of acquiring a new loan with the intent of clearing an existing one. Property owners often go for this option to improve their loan terms. Here are aspects they need to understand about commercial property finance before...
Why Office Space Will Survive the Pandemic
Many workers are now used to working from home due to the pandemic. Although some find it easy to manage their tasks from home, some will still prefer the standard working space. Many employers still have to get the ideal office spaces to fit their employee's demands,...
Post-Covid Commercial Real Estate Expectations
The world’s economy has had a big blow due to the coronavirus pandemic. The pandemic has led to the closure of businesses and significant losses to companies. The real estate industry has no exception to the crisis. Many hotels have remained shut down, and offices...
Investing Tips for Beginners in Commercial Real Estate
Investing in commercial real estate can be as simple as playing monopoly. One has to strategize on making investments by buying properties, generating rent, and avoiding bankruptcy. However, real estate investment is not so easy to be ventured by everyone. The...
Risks in Commercial Real Estate
Investing in commercial real estate can be a great way to make money over time. However, you should know of the various risks that come with this, like any other type of investment. Keep these risks in mind when investing in commercial real estate. Credit...
Co-Tenancy Clauses: What to Know
What is a co-tenancy clause? It’s a vital part of retail lease agreements that, should you get into the business of retail tenancy, you should be aware of. These clauses provide rent relief or other remedies for existing tenants in a retail center, such as a shopping...
A Failure of Leadership Throughout the Government of Ohio
In the past, around 90% of American workers have admitted that they will not go home if they have felt sick, according to a study conducted in October 2019 by the global staffing Accountemps. The pandemic’s rise pulled back the curtain on that problem initially but was soon buried by the economy and vaccines’ potential; a topic of concern for many Ohioans that feel it needs to be brought back to the surface.
How the Pandemic Affected Residential Real Estate
In response to the Pandemic, the Housing and Urban Development Department (HUD) enacted both mortgage forbearance programs, and eviction and foreclosure bans for FHA mortgaged properties. In addition to this, many states also passed their versions of foreclosure and eviction bans.
Commercial Real Estate Trends in the Age of Covid-19
Real estate has been adversely affected, but some trends have been put in place to ensure business continuity. During the pandemic, every sector has to re-adjust and develop innovative ways of staying in business. Real estate developers have come to understand the vitality of real estate attorneys. Keeping up with the latest commercial real estate trends is the only way to remain relevant.
5 of the Best Cities in the U.S. for Real Estate in 2021
Real estate is a popular form of investment since it provides the opportunity to earn regular monthly income from rental properties. If done right, rental properties can earn you enough money to offset monthly expenses for your property and earn some extra income, but...