Neal Hefferren

For months you’ve been looking. Best Technology Company, Inc. (BTC), your long-time national client, has charged you with finding office space they can lease for their new headquarters. Their requirements are few. In addition to the obvious (i.e., being cost effective and large enough to house their workforce), the building must: (1) have state-of-the-art office facilities, (2) be unique enough …

[Read more...] about Historic Tax Credits Could Make Your Deal Doable

Every day, and in every market, there are office deals to be made. The question, of course is which will become valuable assets in your real estate portfolio, and which could put the rest of your portfolio in jeopardy. The answer is a thorough and thoughtful investment analysis. We’re going to walk through an office opportunity, run the numbers, and decide if it’s a portfolio maker or a …

[Read more...] about Small Office Building Investing Case Study

Let’s start with the easy stuff. Common area maintenance charges, or CAM charges, are defined by USLegal as the fees: usually paid [by tenants] on a pro rata basis, to compensate the landlord for the costs of operating, repairing, and maintaining common areas. Well that’s a pretty good start, but let’s add one more category to possible CAM charges: anything the landlord and tenant agree to. …

[Read more...] about An Uncommon Examination of Common Area Maintenance (CAM)