Commercial Real Estate Trends in 2023: Repurposing, Reuse, and Redevelopment There is no doubt that the pandemic caused a shift in the way many businesses operate. Without warning, companies and their employees had to adapt to online, remote or hybrid operations. Office spaces and warehouse buildings in large parts of the country briefly stood empty. … Read more
What is NOI in Real Estate? Net operating income (NOI) is one of the most important calculations to understand in real estate investing. It’s a basic financial formula that allows you to accurately project the profitability of an investment property after accounting for its operating expenses. As a fundamental real estate concept, it is … Read more
Modified Gross Lease in Commercial Real Estate: Getting the Right Lease Type The type of commercial real estate lease you agree to can significantly impact your operation and bottom line. There are three basic types of commercial leases to choose from: gross lease, modified gross lease and net lease. While each type of lease … Read more
Why are People Moving to Houston? Houston is increasingly becoming a popular destination for families, young professionals and retirees alike. It’s the fourth largest city by population in the U.S. and the largest city in Texas. As one of the fastest growing cities in the US in recent years, there are plenty of reasons … Read more
Should You Rent a Private Office? The Small Business Owner’s Guide to Private Office Space In a post COVID-19 world, businesses are realizing the value of in-person office work vs. work-from-home or remote setups. In a private office, teams are significantly more productive, engaged, and collaborative. If you’ve decided to get back to the office, … Read more