As a commercial property manager, the quality of your new build or renovation project starts and ends with your construction team. Your contractors oversee the execution of your design, ensuring they meet industry standards and comply with local building regulations. Thus, they can make or break your construction plan. How can you ensure you get…
The CDC recommends that adults clock in 150 minutes of moderate exercise every week. They also suggest at least two days of strength training. It’s hard to meet these guidelines without a well-equipped gym. Are you a landlord seeking new ways to attract and keep tenants? That’s where the quality of tenant amenities comes in. Among these…
Your bathroom should be more than just a functional space; it can become an oasis where you escape daily life stresses and immerse yourself in a soothing ambiance. Whether you have a compact en-suite or a spacious bathroom, our carefully curated tips and ideas will help you craft a calming sanctuary to promote inner peace and…
Finding the perfect location for your business might not be easy. When you find a location, it might be in a great spot but missing modern design elements. What do you do at this point? You can ask the property management firm about a tenant improvement to make the location everything you need. It may seem…
If you run a business of any kind, your success or failure depends on the commercial space that you occupy. Commercial real estate is a $1.2 trillion industry today. It’s the type of real estate that drives commerce, which helps consumers get the goods and services that they need, enjoy, and rely on. To get the most…
Tenants often tour three or more apartments before they find the perfect home. That means your units have to stand out from the crowd if you want them to lease from you. The standard apartment no longer cuts it; people are looking for the comforts of a little luxury. Even if you do not sell…
In spite of rising interest rates, commercial real estate prices are still near record highs. Only now is the market moving off its 5-year peak set in the third quarter of 2021. Real estate experts are starting to see modest declines. However, the declines are not as large as had been forecast due to strong job…
Add Value Without Disrupting Tenants Investing in multi-family residences can be lucrative. To make it more profitable, however, you have to consider a value-add play. Value-add plays occur when you purchase a building with units below market value, renovate them, and adjust the rent to a more fitting price for an updated living space. The…
Choose Your Contractor Wisely If you are planning to develop or renovate a multifamily facility, your choice of a general contractor is important. The general contractor is in charge of the permits, design, supplies, building code compliance, and even hiring other subcontractors. Without a qualified contractor, you may have trouble with the job being done…