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New leadership in commercial real estate: Mary Lue Peck, BOMA

Yardi Breeze

Mary Lue Peck, the former senior vice president of BOMA, is now president and CEO of the most storied association in commercial real estate. Background in commercial Interviewer : Whats your background in commercial real estate, and what led you to your current position? Why is BOMA exciting?

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Four Types of Real Estate Investments You Need to Know

Real Property Management Chicago

If you are starting to invest in Arlington Heights rental real estate, you may have perceived that there are various options out there. Rental property investors, primarily, have numerous choices as to property type, size, and function. In 2020, it was valued at $33.6 trillion and still increasing.

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The Hidden ‘Double Whammy’ Facing Owners Who Hand Buildings Over To Lenders

American Apartment Owners Association

With billions of dollars worth of commercial real estate loans coming due, landlords with struggling properties are increasingly giving the keys to lenders and walking away. The average drop in value of a distressed commercial property was 43% between midyear 2023 and 2024,according to Cred iQ.

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Commercial Real Estate – Binding Letter of Intent, Or Not?

Esquire Property Management Group

What is the purpose of a commercial real estate letter of intent? A Commercial Real Estate Letter of Intent (LOI) is a document that is designed to outline the terms and conditions of a “potential” commercial real estate transaction between a buyer and a seller.

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Do You Know WALT (Weighted Average Lease Term), the Commercial Real Estate Guy?

Esquire Property Management Group

Weighted Average Lease Term for Commercial Real Estate Weighted Average Lease Term, commonly referred to as WALT, is an important metric that commercial real estate investors and commercial property managers are well-versed in, or at least they better be.

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New California Commercial Lease Requirements – SB 1103

Esquire Property Management Group

This new law mandates that landlords and their representatives—across all commercial sectors, including office, industrial, and retail—adapt their leasing practices when engaging with a newly classified category of tenants known as “qualified commercial tenants.”

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Streamlined Real Estate Services That Simplify Home Buying and Selling

Property Management Inc.

Fortunately, today’s real estate market offers streamlined solutions that transform these transactions. Whether you’re a landlord , property investor, or a homeowner, understanding these enhancements can help you make better decisions. What is an iBuyer? iBuying eliminates this.