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Adding a multi-family building or apartment complex to a real estate investment portfolio is a major commitment. However, investors and business owners can easily justify the expense involved in the acquisition of the property by calculating the rental revenue the...
People who are looking for a commercial lease will likely encounter terms that are much different than a residential lease. Many commercial landlords use a net lease, which means that some or all of the expenses related to the property are covered by the tenant...
Business acquisitions offer a significant opportunity for growth, market expansion and increased profitability. However, entrepreneurs should be cautious about acquisition opportunities that present themselves. Like any business venture, acquiring another business...
Mergers are a common occurrence in the business world – especially in certain industries. However, transition processes can be difficult for a lot of people, including the employees involved. One of the most critical tasks a company’s leaders may have is identifying...
In business, as in life, circumstances can change unexpectedly. Maybe a global pandemic hit, or perhaps your supplier went out of business. This situation is not just inconvenient; it can lead to serious legal consequences, including breach of contract claims,...
Acquiring real property, developing existing properties and planning new construction projects can all be smart investments. Those looking to add to their portfolios or make the best use of current holdings need to look carefully at market conditions and projections...
When running a business, the dream of expansion and increased market share often drives leaders to seek new opportunities. Mergers can serve as a strategic pathway to achieving these goals, allowing companies to combine resources, skills and customer bases for greater...
You and a business partner have decided to open a company together. You’ve spent months getting everything prepared, and you’re finally at the point where you want to start hiring your initial employees. As the two of you discuss this, your business partner says that...
As a business owner, a non-disclosure agreement (NDA) can help protect your sensitive business information, such as trade secrets, client lists and other proprietary data. However, if the terms of the NDA are unfair, you risk legal disputes or resistance from...
In commercial real estate, it always pays to think about the future when the needs of either the landlord or the tenant may change. To this end, two common expansion clauses tend to pop up: the right of first offer (ROFO) and the right of first refusal (ROFR). While...