Again and again, we've been asked "When will commercial leasing recover?" Brokers, investors, developers, lenders, and reporters, are all desperately searching for the answer.  While this is a reasonable question, especially given how much of the global economy depends on the success of commercial...
Why do some landlords think that because they receive rent from tenants, they've got great relationships with those tenants?   Why do some landlords hire property managers who cycle in and out of their jobs?  And, why should tenants receive calls from their "New Property Manager" every few ...
The U.S. Department of Labor recently announced that 16 million Americans are out of work. Bloomberg Television stated that for every open corporate position in the U.S., six or more executives are in pursuit. CEOs today can expect to be in career transition almost every twelve months. Financial executives...
Opportunity springs eternal!   Commercial real estate values have dropped precipitously over the last year or two.  Many experts believe that values have not yet stabilized and that it may take years before they recover and again begin their upward ascent.  So, where's the opportunity...
On many occasions, I've written about the perspective of some one-sided landlords who blatantly disregard the needs of their tenants in the name of greed and selfishness.  Some tenants, too, can be just as selfish.  Such tenants often miss the opportunity to build profitable relationships...
In today's tumultuous economic times, landlords need to accurately determine the creditworthiness and risk profile of new and existing tenants.  Whose responsibility is it to make such a determination...the landlord or the tenant's broker? In previous blog posts I've discussed the issue of landlords...
Too big to fail!"  "Been around too long!"  "Too entrenched in the market!" Where have we heard these terms before?  The commercial real estate brokerage industry is in for a drastic change in 2010!  Commercial real estate brokerage companies have been consolidating for years, at...
In a recent commercial real estate transaction, two brokers became embroiled in claims of unprofessionalism, unethical behavior, and conflicts-of-interest. What's your opinion? A local broker represented a national company in offering that company's single tenant building for a short termnbspsublease...
...because only with a written representation agreement can a real estate broker or advisor represent the interests of a tenant or a buyer!  Absent a written agreement clearly stating that the broker represents the tenant or buyer, under common law the broker likely has an...
In last week's post, I reviewed a number of issues concerning the transfer of cost and risk from one party to another in business transactions, specifically in commercial real estate deals. That post received a number of interesting comments. There's more to this story. When landlords find prospective tenants...