Office Tenant Representation: What Is It and Why Do You Need it?

A Tenant Representative Is Your Real Estate Advocate  An office tenant representative is an expert in commercial real estate who works exclusively on behalf of a tenant. With their clients’ best interests in mind, they provide valuable market knowledge, negotiate optimal lease terms, and guide their clients throughout the leasing process to ensure they avoid making costly mistakes. Rather than representing both landlords and tenants, they act only on behalf of tenants, thus avoiding any conflicts of interest. This ensures that tenant representatives are able to give undivided attention to…

Inexpensive Tactics for Optimizing NOI

Submitted by M. Drouin As a means of increasing value, investors often look to boost rental income through deploying capital into upgrading apartment homes in their portfolio.  This strategy can work well in primary markets with relatively low capitalization rates.  However if you have exposure to assets in secondary and tertiary markets, relying on rental growth to optimize net operating income can be risky.  Furthermore, because these markets have a lower barrier to entry, operators plans for rental growth can be thwarted from new supply coming online.  This point will…