High-speed Internet access is the most important amenity in the multifamily industry today. Residents are looking for communities that meet their lifestyle and career needs, want flexibility, and are selecting where to live based on the...
NEW YORK - There are large transactions, then there are LARGE transactions, and this one qualifies as an example of the latter. New York-based Ernst & Young has teamed up with Boston Properties to start construction on one of New York's...
America's entrance into the 1960s marked society's movement from black-and-white to color. The Civil Rights movement was launched; the world saw color pictures of the Earth from the moon; and the psychedelic culture nudged the horn-rimmed glasses...
The 1980s were dynamic and a lot of fun for many real estate professionals. There was a build-up of jobs and wealth even though the decade led off with a recession, unemployment above 10% for the first time since 1940 and business failures at...
The most deadly and widespread war in modern history acted as a devilish bellows on the fire of the American economy. Developments in industry, aviation, medicine, electronics and atomic energy were accelerated; what would have taken years to...
The nation's top architectural firms report that urban development and miced-use projects have joined the strengthening trends of streetfront, Main Street-style shopping and open-air spaces in the design of shopping centers today. As a result of...
Ever since the first lease was signed for a space in a self-contained shopping center, landlords and tenants have been at war over who should pay for the costs of maintaining common areas and operating and managing the center. The battles have...
To protect itself from the tenant that fails to keep a leased space in good condition and repair, almost every landlord reserves the right to perform repairs that are actually the tenant's responsibility. However, a careful landlord will also...
For years the District of Columbia's Office of Tax and Revenue fought giving proper consideration to tenant concessions, leasing commissions and capital improvements when determining an office building's net operating income (NOI). The District...
A variation of credit tenant lease financing, where the primary focus of the lender is on the credit standing of the tenant as opposed to the real estate, a sale-leaseback involves the property owner selling the property to an investor for a long...