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...
Frank J. Pasquerilla, chairman and CEO of Johnstown, Pa.-based Crown American Realty Trust, died on April 21 from a massive stroke. Pasquerilla was 72...
Retail leases usually contain provisions addressing the responsibility for maintenance and repair of the leased premises or shopping center. Two areas that can give rise to lease- language-interpretation problems are replacement and structural...
HOUSTON - In a move that combines two of the real estate industry's leading analytical software companies, Houston-based ARGUS Financial Software has acquired the assets of Clearwater, Fla.-based DYNA Software & Consulting and will operate...
Chart your own course, select your meals, pick your own ingredients from a European marketplace, watch a chef prepare your food, get your passport stamped, and then relax in a bistro, Italian country inn or Mediterranean garden. And to do so, you...
As shopping center developers and owners know full well, operating a consistently successful center depends on their ability to attract and maintain highly recognizable, credit-worthy anchor tenants...
Thomas A. Rizk, former CEO of Cranford, N.J.-based Mack-Cali Realty Corp., left the company on April 19, and was replaced by former Mack-Cali president and COO Mitchell E. Hersh. Rizk also left the REIT's board of directors...
Alandlord repaves his entire parking lot one spring and charges it to CAM. Another landlord repaves his parking lot one pothole at a time, until at the end of five years he's repaved the entire parking lot...