Suite Life Magazine
Delivering Profitable Property Management
Commercial property management can be a challenging and thankless job. Yet, offering property management alongside brokerage services can generate income and leads for a commercial real estate company. As competition grows, full-size brokerage companies that provide property management services end up increasing bottom lines, recruiting top talent, and creating... Read more
Sublease Space in the Shadows in Southwest Florida
Businesses may have to wait to save a few dollars subleasing office and medical space from existing tenants in Southwest Florida. According to market tracker CoStar and research by commercial real estate companies, here’s what we know: the region has 80,000sf of space for sublease. That’s less than half... Read more
The Commercial Lending Outlook for 2021
It is hard to believe that we have lived and worked in the middle of a pandemic for the last 10 months. The new year undoubtedly will bring unique financing opportunities and challenges. The following tips will help commercial real estate professionals better assist clients with the new year’s... Read more
Common Copyright Pitfalls in the Real Estate and Construction Industries
In today’s internet-driven economy, real estate and construction profes­sionals recognize the importance of using digital content, including photo­graphs and videos, to reach consumers. However, this often creates unique intellectual property issues, includ­ing potential copyright infringement questions, when pictures or videos are sourced inappropriately. Copyright law protects the creative expression... Read more
Mitigation/Preparedness for 2020 Hurricane Season
Hurricanes are one of nature’s most powerful and destructive occurrences. By knowing what actions to take, you can increase the likelihood your business will survive. Nevertheless, while hurricanes pose the greatest threat to life and property, tropical storms and depressions that spawn tornados can be equally devastating. BUILDING PREPARATION... Read more
Commercial Leasing: The Devil is in the Details
While residential tenancies have many terms and protections set out in the Florida statutes that cannot be waived, the same cannot be said about commercial tenancies. As a result, the general rule of thumb is that if a condition or situation is not addressed by your commercial lease the... Read more
Vacation Homes and 1031 Exchange Tax Deferral
Millions of property owners own second/vacation homes in Florida, which very likely have appreciated significantly over the past decade. Although appreciation boosts return on investment, it can also lead to significant capital gain taxes owed at the time of disposition. Many of these second/vacation homes may qualify for 100%... Read more
Options for Commercial Property Owners When Handling Oil, Gas & Mineral Rights
Oil, gas, and mineral (OGM) rights are not uncommon, especially in Collier County and certain areas of Lee County. Unfortunately, outdated OGM leases and rights reservations often cause headaches for buyers when these issues show up on title. Below are some tips for combating OGM rights issues on your... Read more
What’s Driving the Stability of Southwest Florida’s Industrial Market?
As commercial real estate interests nationwide prepare for a potential economic slowdown, Florida’s commercial real estate market continues to thrive unabated. Further, there’s no indication of imminent change. The ongoing boom in activity is largely the result of the state’s robust population, job, and income growth. These factors bode... Read more
Booming Economy Fuels Rise in Community Projects
One of the best things to emerge from the post-recession boom in Southwest Florida is the marked increase in non-profit projects, due to the generosity of corporate and private donors. Increased funding has enabled the growth of private schools, places of worship, environmental and animal services, zoos, museums, and... Read more