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In what ways is remote work effecting the commercial real estate industry? The following points capture the major trends and changes in the commercial real estate sector due to the rise of remote work. 1.) Reduced Office Space Demand: As more employees work remotely, companies have downsized their office space needs. This has led to […]
What’s a Value-Add Investment? A value-add investment in commercial real estate is a strategy where an investor acquires a property that is not operating at its full income-generating potential, makes improvements, and implements management changes to increase the property’s value and rental income. The primary goal of a value-add investment is to enhance the property’s […]
Differences Between Commercial and Residential Real Estate Brokers If you’re buying or selling real estate, whether it’s a home or a commercial property, the expertise of a real estate broker is invaluable. However, it’s important to recognize that not all real estate brokers are created equal. There are significant differences between commercial and residential real […]
Who Covers the Commission Costs in Commercial Real Estate Deals? Navigating the world of commercial real estate involves various parties, each with distinct roles and responsibilities. One key aspect of this industry is the payment of commissions to real estate professionals who facilitate transactions. Who pays the commission in commercial real estate? Let’s explore how […]
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