Tenant Rep Brokers May Wear Many Hats—and Some of Them May Surprise You
What is retail tenant representation all about? At a high level, the job description is simple: Find great real estate for your clients, push for favorable lease terms—and seal the deal. And yet that broad overview doesn’t actually capture the nuance and complexity...
Is force majeure a reason to break a commercial lease?
With the onset of the global pandemic, questions related to lease clauses involving force majeure—literally, “superior force” but often interpreted as “acts of God”—loom in retail real estate: Does the pandemic qualify as a force majeure event? If so, are tenants...
Avoid This Common Mistake Made by Investors in Like-Kind Exchanges
In a prior blog post, our colleague Margo McDonnell, whose 1031 Corp specializes in 1031 tax-deferred exchanges, covered some of the basics associated with this nearly century-old tax incentive. But once you’re clear on questions like “What is a like kind exchange?”...