Below are links to jump directly to key sections of the FAR/BAR Florida Commercial Contract CC-5, commonly used in Florida for commercial property purchase transactions. This form replaced its predecessor, the FAR/BAR Commercial Contract CC-4, in 2017. Commercial buyers otherwise inclined to begin the process with a letter of intent (LOI) should consider simply beginning […]
The host of The Commercial Real Estate Show, Michael Bull, answers the question of whether a seller of a commercial property would or would not want multiple bidders when selling a property. The answer seems obvious, and in fact is. More bidders means more demand which means a better price. What Michael is really doing […]
With recent efforts to secure property within Town Center One for a customer, we came to understand this building from a buyer’s and tenant’s perspective. We contacted every unit in the building directly or indirectly, in the process identifying every unit that is listed or otherwise available, i.e. publicly or privately offered, for sale or […]
Sam Arden, lawyer with Hartman Simons joins host The Commercial Real Estate Show to discuss tips for landlords and tenants related to bankruptcy.
Ricky Novak, CEO of Strategic 1031 Exchange Advisors, a consulting firm and qualified intermediary that provides real estate as well as tax consulting services for clients structuring complex real estate transactions and asset dispositions, joins The Commercial Real Estate Show to discuss basis fundamentals of a 1031 property exchange. Anong the topics discussed are: Deadlines […]
Ricky Novak, CEO of Strategic 1031 Exchange Advisors, a consulting firm and qualified intermediary that provides real estate as well as tax consulting services for clients structuring complex real estate transactions and asset dispositions, joins The Commercial Real Estate Show to discuss more advanced 1031 property exchange (1031 exchange) strategies. Among the topics discussed are […]
Laura Hall, partner at Sheley, Hall & Williams, joins Michael to discuss mistakes to avoid in leases. She discusses operating expense related provisions in leases as well as language related to expansion rights.
The host of The Commercial Real Estate show addresses the question of how important a tenant’s option to renew its lease is to an investor buying a property. His opinion, shared by most, is that a unilateral option of a tenant has no value to an investor. I think many would agree with the caveat […]
Laura Hall, partner at Sheley, Hall & Williams, joins Michael to discuss mistakes to avoid in leases. Part one covers personal and corporate guarantees. Within this video Ms. Hall discusses the perils of personal guarantees for tenants as well as landlords, and the benefits of letters of credit as an alternative.
Laura Hall, partner at Sheley, Hall & Williams, joins Michael Bull of The Commercial Real Estate Show to discuss mistakes to avoid in lease involving options to renew. Some highlights of this video include: Most commercial leases have one Very few are exercised Landlord should require as much lead time as possible to execute […]
In this short video, The Commercial Real Estate Show host Michael Bull discusses whether letters of intent are binding. Related to this, readers might be interested in the language in the Florida Realtors Commercial Contract (CC-4), a form often used for commercial property transactions. Within this Florida CC-4 form is an optional provision for […]
The Commercial Real Estate Show addresses the question of whether one should personally guarantee a lease for his or her company. The answer is no, if you can get away with it, as there is no benefit to a tenant. However, practically speaking, most landlords will require a personal guarantee for a small business. That […]
This is a short video from The Commercial Real Estate show that addresses the question of whether free rent on a commercial property lease includes CAM charges. The answer is, as is often the case with commercial property, it depends on the terms of the lease. Host Michael Bull also notes that it should […]
Commercial real estate broker Michael Bull addresses the question of whether commercial brokers will pay referral fees to residential agents for referring business (assignments) to them. His answer is maybe, depending on the situation. My answer is similar. In most cases the answer is yes, but it always depends. The best way to find out […]
Nancy Miller, SVP at National Net Lease Investment Group, and Tim Kinney, VP Capital Markets at a commercial brokerage firm, discuss with host Michael Bull, a few mistakes that it is best to avoid when reviewing your single tenant net lease contracts
