Operating expenses are a crucial aspect of commercial leases, but they can often be confusing and hard to understand. In this comprehensive guide, we’ll break down the different types of operating expenses, how they’re calculated, and how they impact tenants. So, buckle up and let’s dive into the world of operating expenses! Operating expenses are…
Rich Commercial Realty Welcomes New Strategic Hire Raleigh, NC, January 2024 – Rich Commercial Realty (RCR) has added Conley Moretz as a Vice President of the firm. Moretz, a North Carolina licensed Real Estate Broker, brings with her, over a decade of experience in broadcast media sales and business development. Working at the leading television…
We have all seen an extraordinary hike in rates over the past 24+ months – historically low interest rates fueled the robust market where demand for property was at considerably an all time high. This coupled with continued low inventory resulted in higher prices on top of the inflation we have all been dealing with.…