Ideally, when you sell your commercial property, you want to do so at the peak of the market, when property values are at their highest levels. The problem with this is that so many people mis-time the market, not observing it objectively, and then years down the road when looking into the rearview mirror, the…
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While the media and the American public were all caught up in the firestorm of the confirmation hearings for Supreme Court Justice Brett Kavanaugh, the Federal Accounting Standards Advisory Board announced FASAB 56, a resolution that allows companies to alter and misrepresent their financial statements if it is deemed to be in the best interest…
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With the availability of good financing being so vital to maintaining a healthy commercial real estate market, it’s important to take a look at what the experts are now forecasting for us within this arena. After all, any changes in the percentage of down payment that’s required for purchasing property, as well as any changes…
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If you’ve never heard the term “infill land”, it refers to land that’s located within highly developed areas. The land will typically be surrounded by buildings, and it will be one of very few remaining parcels of vacant land within the area. The reason that real estate developers like to find infill land, is because…
Read MoreThese recent years have been good to commercial real estate. Things have improved considerably in so many geographical areas since The Great Recession, but what does the future now hold for us? We know that the economy and the real estate markets will come and go in cycles, so what does our crystal ball now…
Read MoreThis is the month where the Holidays are now officially in high gear, and it is the one time of the year that’s very different than any other time. In addition, with the overall pace of life continually getting faster on us these days, this time of year for many people is a welcome opportunity…
Read MoreIf you’ve been paying attention to the official, reported rate of inflation, you’ve probably noticed something very strange going on. How is it that when we go to the supermarket to buy food, the prices have risen dramatically within recent years, and yet the reported rate of inflation is just a minuscule 2.4%? Then when…
Read MoreWhen the U.S. Prime Rate rose to 21.5% back in 1980, the cost of both buying commercial property and refinancing became very expensive. This was not a good time for the economy and the fact that interest rates were so high back then greatly reduced people’s interest in buying commercial properties. In addition, our businesses…
Read MoreWe’ve been fortunate because, in so many different areas within our nation, the economy has improved substantially from where it was during the Great Recession. But for those of us who have been through both up and down cycles within the economy, we know that a transition will be coming at some time in the…
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Property insurance is something that we traditionally insist on having in place on commercial properties that we own. The thought of potentially sustaining major damage to one of our properties, and not being protected by insurance for the loss, would make most of us completely wince when thinking about it. But what will your insurance…
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