The tenant-landlord relationship is a unique business partnership. The landlord offers valuable space in the right location to house the tenant’s business. And in return, the tenant provides cash flow and profitability for the landlord. Both sides have to maintain a certain level of benefits to each other to make the relationship successful. But how […]
What Landlords Are Looking for in a Commercial Tenant Read More »
Like other sectors of commercial real estate, the medical sector has struggled under the weight of COVID-19. They have taken devastating blows to their bottom lines due to social distancing guidelines and the inability to perform elective procedures. Even now, patients remain hesitant to return for standard or preventive treatments, and the financial health of
How Hospitals Are Changing Post-COVID-19 Read More »
Requirements Due to COVID-19 “Masks Required” signs are hanging on display windows. Some big-box chains have limited their occupancy to 50 people at a time. And many restaurants have blocked off every other table, seating their patrons six feet apart. A large number of businesses now require customers and employees to wear masks and gloves
How Building Design Is Changing Due to COVID-19 Read More »
CRE Advisors Understand the Terminology of a Lease Lease wording can be challenging to navigate. They are designed to cover the vast majority of the details regarding payment responsibilities and facility upkeep. But the legalese and real estate-specific terminology can be confusing for business owners who are not in the CRE industry. Many leases, especially
7 Terms to Know Before Signing a Commercial Lease Read More »
Anyone who has had a commercial lease can attest to the complicated terms, wordy clauses, and fine print involved along the way. Phrases like “gross lease,” “net lease,” or “pro rata share” easily cloud readers’ understanding of what it is they are actually signing. Many commercial tenants have stories about their lease idiosyncrasies that created
5 Mistakes Tenants Make When Negotiating a Commercial Lease Read More »
The Effect of COVID-19 on Local Hospitals As the number of COVID-19 cases increased, rural hospital income plummeted. Eighty percent of their revenue was dependent on elective procedures—treatments they were temporarily unable to provide. While some local hospitals faced a surge in patients, others hosted vacant ERs and surgery units. Some medical staff traveled to
How to Support Local Hospitals Post-COVID-19 Read More »
The Recent History of CRE vs. the Post-Pandemic Outlook At the beginning of the year, we discussed the trends for commercial real estate and reviewed the 2020 outlook for healthcare real estate. At the time, we were riding out a record-breaking expansion cycle with excitement for the future of CRE. But it’s no secret that
The Post-Pandemic State of Commercial Real Estate Read More »
Most commercial business owners never considered a pandemic when they signed the dotted line of their lease agreements. In a matter of a few months, business strategies have been turned upside down. Tenants are treading water while landlords have jumped into the deep end, searching for both temporary and long-term solutions. The Pandemic Clause While
3 Important Aspects of the Landlord-Tenant Relationship Read More »
What is the “wow” factor of a medical building? Is it the location or curb appeal? Could it be the front lobby or storage space? What about the height of the ceilings or layout? Actually, it is all of the above. The individual factors that make up each medical facility create a full package that
5 Ways to Increase the Value of a Medical Building Read More »
The “closed” sign has been hanging in storefronts and businesses deemed “non-essential” for weeks. The COVID-19 pandemic has not only infected countless patients, but the economy as well. Though there is hope that the economic downturn will be brief, the national financial dip has wreaked havoc on customer foot traffic and bottom lines. Affected small
How Landlords Can Address Tenant Rent Rates During a Recession Read More »
