When another company breaches its contract with your business, you may end up scrambling to find an alternate service provider or supplier. Contract breaches can be very expensive. They can delay or complicate operations at one business or force a company into a...
Property taxes are assessed on both residential and commercial properties, and the total costs fluctuate every year with the value of those properties. However, they can be quite substantial, with tens of thousands of dollars assessed on major pieces of real estate....
There are times in business when it feels like it makes sense to pool your knowledge, capital and expertise with another person. It gives you options that you wouldn’t otherwise have to work outside your comfort zone and to be a part of projects that excite you. As...
Completing a commercial property and getting ready to lease is a proud moment for developers. You can lease your space to business owners for offices or industries for warehouses, data centers and other industrial activities. Further, you may lease your property for...
There’s no question that the commercial real estate market has weathered significant ups and downs over the past several years. Oftentimes, upping the rent on a property seems like the most obvious way to account for challenging marketplace conditions. Yet, inflating...
It’s exciting to start your own business – whether it’s something that you’ve been planning for ages or something that happened after a sudden spark of inspiration. However, operating your own business does carry some potential risks. You can end up in a legal dispute...
When signing a lease agreement, you want to know that, as a landlord, you and your tenant won’t have any disputes. However, there’s always a chance that, once a tenant enters into an agreement, a problem can arise. Being prepared for a landlord-tenant dispute may help...
Both the residential and commercial real estate markets have weathered significant turbulence since early 2020. As 2023 dawns, it’s important to assess both current and expected market conditions and trends to better ensure that real estate development decisions made...
Many people start business partnerships because it was the best and, likely, most financially stable decision at the time. It may have meant that many of the responsibilities for running a business were split. A partner can even bring in many connections that uplift a...
Along with residential property values, commercial property values have climbed in recent years. For some, this may have been a dramatic increase in value. But it does appear that things are beginning to change. For example, a report that came out just last month...
