In office, industrial, or retail commercial lease agreements renewal options commonly exist to protect the tenants’ right to occupy a space beyond an initial lease term. Commercial real estate brokers typically overlook the importance of heavily negotiating these renewal clauses due to the rarity of use. Like insurance, you need to have it, and you…
Certificate of Need (CON)- What is it, Steps to obtain and future changes to the law. What is it: A certificate of need is a regulatory process that requires healthcare providers to obtain approval from the Department of Health and Human Services before developing or adding new healthcare facilities, expanding existing facilities or expanding services.…
Some say the glass is half full, some say the glass is half empty. I say I’m halfway done with my CCIM Institute journey. Last week, I completed CCIM CI 104: Investment Analysis for Commercial Investment Real Estate. It’s safe to say that the four days of CI 104 might’ve been the most intense &…