Commercial Real Estate landlords are currently required to disclose in their lease whether the property to be leased has been inspected by a Certified Access Specialist ("CASp") and if so, whether the property has or has not been determined to meet all applicable...
In part 1 of this 3 part blog, we reviewed steps needed to understand what you own or have inherited. Now that you have an understanding of the property, you may have decided to keep the property and operate it for income purposes. This blog will review issues...
Many of our clients are multi-generational property owners; sometimes the junior family members are involved in the business and are ready to step into ownership of the commercial real estate. Other times, those who inherit the property have never owned the particular...
In this second blog of our series on a commercial real estate tenant's concerns with the AIR form lease, we focus specifically on the allocation of liabilities and risks between the landlord and tenant.Indemnification: The standard language provides that the...
As we have noted in our past posts, it appears that the commercial real estate market in Southern California has come back. And with such real estate at a premium, large private equity groups are purchasing warehouses, vacant retail locations and office buildings...
There's some truth to the old adage "hope springs eternal." In most regions of the country, this is associated with the changing of winter to spring and the optimism that comes with it. Even though it is spring time for most of the year in our region, the optimism for...
Last week, a social media post regarding a commercial real estate lease has gone viral. Yes, you read that correctly, a social media post regarding a commercial real estate lease went viral (over 1,800 comments and 2.5 million views). I never thought I'd see that day....
To the untrained eye, a commercial real estate transaction should seem simple. A business sees an ideal location, finds out how much it would cost to run their operations from the location, negotiates a price with the owner, and the transaction concludes.While this...
In a prior post, we noted how foreign real estate investment was likely to increase in 2016 because market for commercial properties was such that opportunities would be difficult to pass up. This, combined with Congress relaxing tax requirements for foreign...
The AIR Standard Form leases for commercial leasing are common. While there are advantages to using the lease for both parties, there are also risk that the parties should be prepared to address. This multi-series blog will focus on areas of the AIR Form lease of...
