Posts Tagged ‘CRE resources’
What 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…
Read MoreWhat is Speculative Development?
When you enter the world of development and commercial real estate you will probably encounter some industry-specific terminology. Speculative development might be one such technical term you should familiarize yourself with, and we’re here to help you. We’ve put together a comprehensive guide to help you learn all you need to know about speculative development…
Read MoreWhat is Amortization in Commercial Real Estate?
When you enter the fascinating world of commercial real estate, you suddenly encounter an entire new glossary of specialist terms and words. And even if you think you’re well aware of their exact definitions, it might come as a surprise to find that a phrase in commercial real estate (CRE) does not always necessarily mean…
Read More12 Essential Books for CRE Professionals
As skim reading becomes the norm for many individuals, the value of a good book to help you stand apart from the competition and deep dive into industry trends and challenges cannot be overstated. So, we’ve compiled a comprehensive list of books to help commercial real estate professionals diversify and grow both their career and…
Read MoreHow Do Commercial Real Estate Loans Work?
Commercial real estate loans are used to develop, purchase, or renovate income-producing property. The property can be owner-occupied, leased to tenants, or a combination of both. What Are the Different Types of Commercial Real Estate Loans? There are a variety of commercial real estate loans available, depending on what the loan will be used for:…
Read MoreWhat’s the Difference Between Renting and Leasing?
Tenant categories Regarding tenancy, we can differentiate between two types of inhabitants. Firstly, there are those who are in search of a temporary home, since they are in town only for a short period of time. In this category we can count employees who have been relocated to another city until the completion of a project…
Read MoreCommercial Property Tax Primer: What You Need to Know
Commercial real estate property taxes are much different than the taxes on a home. There are more types of commercial property taxes to pay compared to residential property. But there are also some surprising tax advantages to owning commercial real estate. Like death, taxes can’t be avoided, but there are some legal ways to reduce…
Read MoreHow to Become a Commercial Real Estate Agent
According to the most recent report by Dun & Bradstreet, commercial real estate brokerages and property management companies have a combined annual revenue of about $36 billion a year. Even a small percentage of that figure can add up to a handsome income for a commercial real estate agent. But in order to earn big…
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