Update in Banking

We saw Silicon Valley Investment Bank and Signature Bank closed by the FDIC (Federal Deposit Insurance Corporation). Then we saw the acquisition of Credit Suisse by competitor UBS Group (multi-national investment bank). Now Deutsche Bank and First Republic Bank (and other regional banks) seem to be flashing warning signs. You might find yourself asking, what…

Operating Expenses Update March 21, 2023

It’s that time of year again. RCR has been in the midst of reviewing Operating Expense estimates, reconciliations for clients to ensure Landlords are properly adhering to caps and exclusions negotiated in the lease document. What are Operating Expenses? Operating Expenses include any costs to maintain, repair, and operate a building. This includes the space your…