Almost without exception, shopping center leases contain subordination provisions stating that the rights of the tenants under the leases will be subject to the rights of any lender whose mortgage affects the shopping center. However, the tenant...
Although small tenants often do not think of themselves as having much leverage in a lease negotiation with a landlord, there can often be situations, particularly in the context of a strip center, where a landlord may be highly motivated to lease...
Ordinary and necessary business expenses that neither materially add to the value of property nor appreciably prolong its life, but merely keep it in an ordinarily efficient working condition, may be deducted currently.Ronald A. Morris and Elliot...
Though REITs have consistently grabbed the headlines, the nation's insurance companies are keeping stride. Editor's Note: Sometimes in this burgeoning commercial real estate recovery it's easy to overlook the role that insurance companies play in...
To a lender, nursing facility loans may closely resemble multifamily housing, hotels and other hospitality real estate models. Simply put, this is not the case. Nursing facilities must comply with nearly as many government regulations as the...
Many shopping center leases require the tenant to pay both a fixed annual minimum rent and a percentage rent. Percentage rent is calculated as a percentage of the tenant's annual sales made in or from the premises. Defining what constitutes a ...
Competition for low-income housing tax credits has affordable housing players turning to tax-exempt bonds to generate tax credits in a less competitive environment...
Boston - Last month we gave you some insight into Aldrich Eastman & Waltch's deal flow. Soon after that item appeared, New England Investment Companies (NEIC) acquired AEW and positioned it with its own Copley Real Estate Advisors to form AEW...
After foreclosing on the 44-story, 650,000 sq. ft. Gulf & Western Building in New York's midtown, General Electric Investments, New York was searchin for the best way to maximize its ROI. GE hired the New York office of The Galbreath Co....
