Posted on December 7, 2007 by Jacob Cynamon
Back in October, I took some time to write about the pros and cons of buying your office space. Just this week, I had the opportunity to reflect on my own opinions, after a friend referred a new client who is actively seeking a small office space to own. As I mentioned in the post, [...]
Filed under: Chicago, Commercial Real Estate, Finance, Real Estate, Transaction Advisory | Tagged: lease, mortgage, office condo, purchase | 4 Comments »
Posted on November 12, 2007 by Jacob Cynamon
On Monday morning, my colleague Bill in our Audit and Recovery practice presented to all of us on the expense and fee clauses that he frequently sees when he is brought in to audit a client’s lease. Since he is compensated on a contingency basis, he is very good at finding discrepancies between what the lease obligates [...]
Filed under: Commercial Real Estate, Finance, Negotiation, Real Estate, Transaction Advisory | Tagged: audit, gross-up, lease, Real Estate | 2 Comments »
Posted on October 25, 2007 by Jacob Cynamon
Wall Street Journal’s “Real Estate Journal”, with this tiny gem Capitalization Rates for Offices Sink to Low. Weighing at at a whopping 4 lines, it’s almost hard to believe there is any useful data contained within. Actually, there isn’t.
Although the explanation of capitalization rate - or “cap rate” - is handy for the beginning real [...]
Filed under: Blogging, Commercial Real Estate, Finance, Real Estate | Tagged: capitalization, cap rate, Wall Street Journal, Real Estate Journal | 3 Comments »
Posted on October 24, 2007 by Jacob Cynamon
Karen Klein, of BusinessWeek, recently responded to a letter in her Smart Answers column asking for advice on how to close a division of a business. Knowing that real estate holdings (owned or leased) often must be disposed as part of a closure, I scanned the column for the advice that Klein provided to her [...]
Filed under: Commercial Real Estate, Finance, Negotiation, Real Estate, Transaction Advisory | Tagged: BusinessWeek, Karen Klein, Smart Answers | No Comments »
Posted on October 22, 2007 by Jacob Cynamon
Amidst National Real Estate Investor’s article about Chicago office trends, which always has me curious, I found a number of typos that made this a less than stellar read. In my analysis, I’m going to begin by picking out a couple of errors that need to be fixed, because I’m particular like that, and then [...]
Filed under: Chicago, Commercial Real Estate, Finance, Real Estate | Tagged: Chicago, investment, National Real Estate Investor, Real Estate | 1 Comment »