Leasing commercial real estate is a significant decision for any business. It is important to choose a property that meets your business’s requirements and fits within your budget. Here are some tips that can help make the process smoother:
I’ve been thinking a lot about balloons.
Not the pretty red ones that float into infinity if you let go of the string. I love those balloons!!
I’m talking about loans with a balloon payment.
I have some of those balloons, but I do not love them. I love them even less with the increase in interest rates. A lot, lot less.
Conventional loans for commercial real estate – owner-occupant or investment properties – are not fixed for 15 to 30 years like a residential loan. The term is negotiable, but the longest term we (Jim and I) have negotiated is a 10-year rate lock. In our situation, the most recent rate locks have been 5 to 7 years before the balloon payment looms.
Leasing a commercial property can be a complex and time-consuming process. There are numerous factors to consider, and the stakes are high, as the right location can significantly impact your business’s success. This article will guide you through the process and provide valuable tips to ensure your leasing journey is a successful one.
Owning commercial investment real estate can be both rewarding and demanding. As an owner who self-manages their property, you’re familiar with the unique challenges and responsibilities that come with this role. One key task that should never be left to the last minute? Preparing your NNN (triple net lease) estimates for the upcoming year. With the year drawing to a close, now is the time to plan, prepare, and ensure a seamless experience for both you and your tenants.
If you’re a business owner in the exciting phase of starting or expanding your venture, one of the critical decisions you’ll face is finding the right space to operate your business. Leasing commercial real estate can be a complex process, but understanding the basics can empower you to make informed choices. In this guide, we’ll explore the ABCs of leasing commercial real estate to help you navigate this important step with confidence.
Commercial lease agreements can be complex and involve many different terms and provisions. Below are some key terms to know in a commercial lease agreement along with their definitions:
Negotiating a commercial real estate lease can be a complex and time-consuming process. To ensure that you get the best possible deal, it’s important to understand the key elements of a lease agreement and to have a solid negotiating strategy.
Securing a favorable lease agreement is essential for businesses looking to lease commercial property. However, negotiating the terms of your lease agreement can be a complex and challenging process. Here are a few tips to help you negotiate the best possible terms:
Read more
Negotiating a successful commercial real estate deal requires preparation, strategy, and skill. Whether you’re a buyer or a seller, negotiating a deal can be a daunting task. But with the right approach and mindset, you can come out on top and achieve a successful outcome.
Here are some tips for negotiating successful commercial real estate deals:
Negotiating commercial real estate deals is a crucial part of any successful investment strategy. However, it can be a daunting task, especially for first-time buyers. Here are some tips to help you master the art of negotiation:
