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

Yardi Breeze

Henry is a legend in the commercial real estate world as well as the nonprofit association industry. Why BOMA stands out Interviewer : What makes BOMA stand out in commercial property management? Mary Lue : BOMA stands out because of its rich history and unmatched network within the commercial real estate industry.

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Four Types of Real Estate Investments You Need to Know

Real Property Management Chicago

By definition, residential real estate is purchased and occupied as a dwelling by owners or tenants. Within this broad category of real estate, there are quite a lot of different kinds of residential properties: townhomes, duplexes, multi-family buildings, single-family residences, and more. In 2020, it was valued at $33.6

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

American Apartment Owners Association

Get a Free Multifamily Loan Quote Access Non-Recourse, 10+ Year Fixed, 30-Year Amortization GET A FREE QUOTE Many commercial propertiespurchased when interest rates were at historic lows are facing revaluation. 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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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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What is common area maintenance (CAM) and why should you keep track of it?

MRI Software

Welcome to MRI Software’s exploration of a critical aspect of commercial property management: Common Area Maintenance (CAM). CAM encompasses the tasks and costs associated with maintaining shared spaces within a commercial property, a fundamental component of real estate management.

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

Esquire Property Management Group

A Letter of Intent Must Contain the Deal’s Essential Terms to Be Enforceable While a Letter of Intent (LOI) stating, “Party A agrees to sell its commercial property to Party B and Party B agrees to buy it,” may signal a mutual commitment to a transaction, its mere existence does not confer enforceability.