Posts Tagged ‘Real Estate Managed Services’

Why Retail Landlords Lose Tons Of Money To Faulty Expense Calculations

Why Retail Landlords Lose Tons Of Money To Faulty Expense Calculations

Originally Appeared on Forbes.com by Mike Harris Retail real estate has an underappreciated problem: Year after year, incorrect or incomplete tenant expense reconciliations cost landlords an enormous amount of money. Erroneous common area maintenance and other reconciliations (generally referred to by the catchall term “CAM recs”) can account for hundreds of thousands of dollars in…

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Case Study: Streamlining CAM Reconciliation

Case Study: Streamlining CAM Reconciliation

Process for CAM reconciliation puts an end to annual ‘all nighters’ once endured by a Retail Landlord’s property management and accounting teams. Download as PDF Incorrectly or never-completed Common Area Maintenance (CAM) and other reconciliations can cost retail landlords tens of thousands of dollars over the life of a single tenant’s lease. In extreme cases, that figure…

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How Artificial Intelligence Is Being Used To Read Leases, Other Real Estate Documents

How Artificial Intelligence Is Being Used To Read Leases, Other Real Estate Documents

Originally Appeared on GlobeSt.com by Erika Morphy “A lot of people tend to give heavily-weighted promises about Artificial Intelligence (AI) and where it is going.” CHICAGO–A typical client for Nicholas Bartzen, an associate with Levenfeld Pearlstein’s Community Association Group, would be a condominium representative whose building has anywhere from four to 500 units and whose…

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As Bon-Ton’s Fortunes Shift, Investors Brace for Liquidation

Originally Appeared on NREIOnline.com by Donna Mitchell It seems that time is running short, putting more urgency on the decisions that landlords make concerning properties with Bon-Ton anchors. About one week ago Bon-Ton Stores appeared to have escaped the spiral of bankruptcy and liquidation that haunts so many retailers these days, after it got an…

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Apartment Outlook 2018: Investors work harder to maintain momentum

The surge in new construction has taken an edge off the booming apartment market, but the sector is proving that it still has gas in the tank to deliver both NOI growth and appreciation. According to the Freddie Mac 2018 Mid-Year Outlook that was released in January, the healthy performance of the multifamily market in…

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The death knell is tolling for LIBOR

Are you prepared for the disappearance of LIBOR? The clock is winding down on the last days of LIBOR, forcing commercial real estate professionals to take a closer look at mortgages and loan docs that will be impacted when the key benchmark is phased out by the end of 2021. The demise of LIBOR (the…

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Illinois’ financial woes could have big implications for landlords

Owners of real estate with government tenants should take notice The State of Illinois is proving that even some of the most stalwart tenants are not immune from financial problems that can all too quickly blow up and derail a property’s operating proforma. Illinois has been making headlines recently for its soaring deficit and a…

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Life Company Lender Survey Shows Positive Findings

Despite signs of a maturing market cycle, life insurance companies appear to be staying the course on commercial real estate lending activity. Insurance company allocations to commercial real estate inched slightly higher in 2016, according to the latest Insurance Company Investment Performance Survey released June 5th by the CRE Finance Council (CREFC) and Trepp LLC.…

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Who’s feeling the “pain” of retail closures?

Who’s feeling the “pain” of retail closures?

Macy’s, JCPenney and Sports Authority are just a few of the big names in retail that are closing stores, shrinking footprints or going out of business altogether. The mass of store closures is clearly creating a shake-up in the retail sector along with widespread speculation on the short- and long-term implications for retail owners, investors…

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Retail Tenants Drive Property Types for Experience-Based Shoppers

Retail Tenants Drive Property Types for Experience-Based Shoppers

MORRISTOWN, NJ – As Millennials grow older and become a larger part of the United States economy,  it will become more important for retail tenants to cater to their increased preference for experiences over “stuff” when compared to prior generations, according to a report released by MetLife Real Estate Investors. Millennials Yearn for Experiences Instead of Material…

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