Do options in a lease benefit the landlord or tenant?

Do options in a lease benefit the landlord or tenant?

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…

Millennial employees in the Workplace
| | |

The Millennial and Gen Z Workplace Shift

Insights from a Millennial Professional Ready or not, the workforce is becoming more millennial. As of 2016, millennials make up the largest percentage of employees in the United States. Within the next 5 years, they are expected to make up 75% of the total working population. In addition, millennials are more educated and diverse than…

Common Area Maintenance (CAM) in all its mystery
|

Common Area Maintenance (CAM) in all its mystery

Common Area Maintenance (CAM) in all its mystery. First, let’s start with trying to define the common area. What is Common Area Maintenance? Common Areas can be lobbies, hallways, elevators, bathrooms, sidewalks, parking lots, landscaping, rooftop decks, shared amenities, and so on. These areas within a building enhance the feel or usefulness of a space….

Some Thoughts on Corporate Social Responsibility
| |

Some Thoughts on Corporate Social Responsibility

Some Thoughts on Corporate Social Responsibility This coming Saturday, I will get up earlier than I like, head to the city, and walk in  benefiting the Light of Life rescue mission. If you’ve read any of my blogs, you have likely stumbled across a reference to the mission. They serve the hungry and homeless in…