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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
Do You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
Are you sitting on the sidelines in this market? Many investors are. There’s a lot of fear and caution. But we’re not. And you don’t need to be, either.  Of […]
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Blogs

The Real Estate Mindset Blog

OPTIONS CLAUSES - Understanding Commercial Leases - Part 11

Friday, November 23

This is part 11 of a multi-part series on Understanding Commercial LeasesOPTION CLAUSESOPTIONS TO EXTENT - Clause grants Tenant 1 or more options to extend lease term for a rental rate to be determined in accordance with lease.OPTIONS TO EXPAND - Clause grants Tenant the right to expand into adjo...

ASSIGNMENT / SUBLEASING - Understanding Commercial Leases - Part 10

Friday, November 23

This is part 10 of a multi-part series on Understanding Commercial LeasesASSIGNMENT / SUBLEASINGPURPOSE - Protects Landlord and/or Tenant by specifying mechanism for Tenant  assigning lease or subleasing to a new Tenant OR Landlord assigning lease to new Landlord.LANDLORD ASSIGNMENTS - Lease typi...

TENANT IMPROVEMENTS - Understanding Commercial Leases - Part 9

Friday, November 23

This is part 9 of a multi-part series on Understanding Commercial LeasesTENANT IMPROVEMENTSPURPOSE - It is a payment mechanism for improvements the Tenant requires to the PremisesSOME COMMON MECHANISMSTenant takes premises in AS-IS condition (no improvements by Landlord required)Landlord makes al...

SECURITY DEPOSITS - Understanding Commercial Leases - Part 8

Friday, November 23

This is Part 8 of a multi-part series on Understanding Commercial LeasesSECURITY DEPOSITSPURPOSE - It serves as a mechanism for landlord to minimize likelihood they won’t get paid for rent, or for damage caused to the premises or landlord during term of leaseAMOUNT - It usually is based upon mont...

ADDITIONAL RENTS - Understanding Commercial Leases - Part 7

Thursday, November 22

This is Part 7 of a multi-part series on Understanding Commercial Leases ADDITIONAL RENTSPURPOSE - It serves as a mechanism for landlord’s to get reimbursed for building expenses, such as property taxes, insurance, maintenance and sometimes management (TIMM). Tenant usually pays monthly estimates...

RENTS - Understanding Commercial Leases - Part 6

Thursday, November 22

This is Part 6 of a multi-part series on Understanding Commercial LeasesRENTSTYPESBase RentAdditional Rent (Reimbursements for taxes, insurance, maintenance, etc.)Percentage Rent“Holding Over” RentRATESBasis for calculating rateSquare Footage RateRate for the spaceRental IncreasesPercentage Rent ...