Critical Ideas For Growing Your Company (Part I) Imagine with me for a moment… You’ve just started your own company. You have dreams of making the big time – hundreds of employees, unique office space, cool kids breaking down your door to work for you. In every way, it’s all about your growing company. Then…
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…
Exis Partnership At Found Advisors, we like to think of ourselves as a team. We might be small in number, but we are a cohesive team that delivers exceptional service to each and every client. Being part of a team allows us to see different points of view, contribute to the best of our ability…
Building Classifications Part II: Explained BOMA’s CRE Building Classification System BOMA‘s metropolitan base lists three Commercial Real Estate Building Classifications in their classification system. In order to compare properties across international markets, landlords and property investors typically use a separate international base. However, the metropolitan base is used within a single office market. It is…
CRE Building Classification Standards When looking for new locations, tenants may come across buildings touted as “Class A”. Landlords also advertise properties as having “Class A finishes.” To an inexperienced buyer or renter, the meaning of this class distinction is a mystery. “Class A” sounds like a good grade. It’s better than a “Class D”…
The CRE Timeline It’s hard to imagine, but I keep our office CRE timeline handy on my desk at all times. And there’s a good reason why! I can’t begin to tell you the number of times someone has called our office with the conversation going like this: Me: Good afternoon! This is Dana. How…
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….
3 Considerations Getting ready for an office building tour and a home tour are very much alike. I’m selling my house. It’s been 16 years in the suburbs and I’m ready for urban, walkable living. We had a realtor walk through the house to help us get it ready to sell. She went through every…
Keep the new ideas rolling in Cultural change is a real issue – at home and at work! Every year, since I was 12, my family has taken a beach vacation. Most of those years, we have gone to the same place – Bethany Beach, Delaware. It’s familiar and easy for us to get to…
Must Have Solutions Okay, I don’t believe in time management at all. I know we have limited time. In addition we each must manage the time that we do have. However, don’t you find that something always comes up that is outside of your control? Therefore you can’t manage it. For me, being efficient and…
On-boarding – All Aboard! Does your on-boarding process work for new hires? New employees…they bring energy, new ideas and complications. Will they assimilate? Can they add to the bottom line? How quickly will they add value to your organization? Even more questions come to mind, thinking about on-boarding. When will you know what they’ve bought…
How a California Residential Real Estate Case Could Impact National Commercial Real Estate The case of Horiike (Hiroshi) v. Coldwell Banker Residential Brokerage Company is scheduled for oral arguments in front of the California Supreme Court on September 7. The issue is “when the buyer and the seller in a residential real estate transaction are…