Lease Options Options in a lease are beneficial to either the Landlord or the Tenant. Landlords want to provide the Tenant with as few options as possible to securitize the lease as strongly as possible. Many Landlords use their rent roll to securitize a refinance or sale. For instance, if a tenant has an option…
Is the CBD in Pittsburgh a tenant’s market? A ‘tenant’s market’ is a term used to describe a real estate market. In a tenant’s market, tenants hold the upper hand over landlords during negotiation. This can occur when vacancy rates rise in a certain area. When vacancies increase, landlords provide tenants with incentives that…
How could I represent both sides? In my days as a lawyer I’ve never had this sort of thing happen to me, but I could imagine the scenario. Car Crash Carl walks in and asks me to represent him in a case. Let’s say he’s driving in his new mustang and the brakes fail. The…
CRE and why I do what I do… This past weekend, I took a brief break from commercial real estate (CRE). My husband and I traveled to Las Vegas to visit good friends. We haven’t had the chance to get together for almost a year. Due to job changes and their move to Houston, we…
In commercial real estate there are two types of brokers, those that represent landlords and those that represent tenants. The landlord broker has the responsibility to secure your tenancy at the highest price possible. Conversely, the tenant broker negotiates the same property at the best possible price to you. We never represent Landlords. Our fiduciary…