Posts Tagged ‘CRE resources’
Is Your Workspace Shrinking?
In an era when fast-paced technological evolution is governing many aspects of our lives, it often seems difficult to keep up with trends. As more and more young professionals enter the workforce, the once-traditional office space is losing ground somewhat, making way for new, innovative designs and layouts, in line with the requirements of today’s…
Read More15 Commercial Real Estate Terms You Should Know
There’s no escaping it. Every industry is filled with jargon and commercial real estate is no exception. Whether you’re an aspiring real estate agent or just curious about the industry, we’ve selected the most common commercial real estate terms you’re likely to encounter: 1. Adjustable Rate Mortgage (ARM) When you take out a mortgage, you…
Read MoreA Quick Guide to Understanding Ground Leases
We’re continuing with our series of descriptive articles through which we aim to provide thorough definitions of some of the most popular terms used in the commercial real estate industry. Today we’ll clear the air on ground leasing, a basic and essential element of numerous commercial real estate deals. Following some exhaustive research, we’ve compiled…
Read MoreThe New FASB Lease Accounting Standard and Its Likely Impact on Real Estate
No matter the size of your company or its type, prepare for a financial statement impact! The reason is the new lease accounting standard (ASU 2016-02). If you lease anything as part of your business, it is time to pay attention. Recognition changes are here, and it may alter your company’s financial perception in the…
Read MoreShould You Invest in Class C Office Space?
Recently there’s been a lot of talk about classifying commercial real estate and deciding which office space is ideal to rent. Whether you’re a small business owner at the start of your entrepreneurial journey or you’re the head of a large corporation looking for a new location, this article might be of interest to you.…
Read More10 Famous US Architects Who Have Made A Difference
What makes one building different from the next? After all, they’re all made of the same basic elements – brick, stone, cement, metal, and glass. Innovative architects incorporate brilliant design and ingenious innovation to create iconic buildings that reflect the past, present, and future. The Egyptian Pyramids and the Taj Mahal in India are two…
Read MoreOffice Privacy: A Perk More Craved Than A Salary Increase?
We recently surveyed over 2,100 U.S. office workers to learn what they like – and dislike – about their office layout. While we read and hear a lot about the major benefits to employees of coworking office layouts and open office floorplans, the people actually working in offices sometimes see things differently. Contrary to popular…
Read MoreWhat Is A Tenant Improvement Allowance?
A tenant improvement allowance is a clause in a commercial lease, in which the landlord agrees to compensate the tenant – or directly pay for – all or part of the cost to improve or build out the tenant’s space. Other terms for a tenant improvement allowance are TIs, TAs, TIA, TI allowance, or leasehold…
Read MoreHow to Recognize and Handle a Toxic Workplace?
When you’re busy at the office, running around tackling your daily tasks and trying to complete projects, you may not be always be aware that something’s off at your workplace. You might feel like you’re not part of the team, that you do most of your tasks in an attitude of fear, and you might…
Read MoreWhat Is A Good Guy Guarantee In NYC Real Estate?
A Good Guy Guarantee is a clause typically found in commercial lease agreements in New York City. Also known simply as a GGC, the Good Guy Clause helps tenants by limiting the amount of a security deposit and helps landlords to avoid a costly eviction process if the tenants stops paying their rent before the…
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