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How Will AI Impact Commercial Real Estate?

At the closing session of the Society of Industrial Realtors (SIOR) Spring Conference in Montreal this year, self-described economic futurist Andrew Busch delivered a talk on “The Future Economy: Growth Opportunities.” Toward the end of his session, Busch delivered this bold statement on the impact that artificial intelligence will have on business to an audience … Continued
man sitting in chair looking at two rows of doors, buy vs lease

Lease or Buy Decisions Complicated by Market Uncertainty

When seeking out a commercial property to either start or grow their company, business owners are often faced with the question: Should I lease or buy? There is no one-size-fits-all solution, and the best strategy for any company depends on many factors, including the property type and the market in which the business is located. … Continued
Happy motivated male employee cheering with excitement after receiving a reward

Innovative Ways to Reward and Motivate Your Employees

Today, there are more ways to work than ever before. Whether your employees are working remotely, juggling hybrid, or navigating new workplace technology, finding ways to reward and appreciate their efforts is important. When employees feel acknowledged, they are more likely to be engaged in their roles, be motivated to succeed, and have a higher … Continued
Nicely landscaped industrial distribution center

What Can Landlords Do to Improve Their Properties to Gain/Keep Tenants?

As a landlord, your ultimate goal is to attract quality tenants who will not only pay their rent on time but also take care of the property. In a competitive leasing market with numerous options available to potential tenants, standing out from the crowd can be a challenging task. The secondary goal, retaining the tenant, … Continued
Casual group discussion between boss and employees - strong company culture

Key to Success: Build a Strong Company Culture

Establishing a strong company culture is vital for a positive and productive work environment. A company’s culture is built on shared beliefs, values, and practices and guides its employees’ interactions with each other and its customers. The outcome is increased employee satisfaction, higher retention rates, enhanced productivity and a higher level of customer satisfaction and … Continued
Woman packing her office for a business relocation

How to Ensure a Smooth Transition to Your New Commercial Space

Congratulations on finding a great new space that fits your business’s needs! Relocating or expanding your business to a fresh or new commercial space can ignite a whirlwind of emotions – a mix of excitement, anxiety, and a feeling of being overwhelmed. The demands of the moving process are undeniably complex, but amidst the chaos … Continued
Image of the Vendry Cohar Workspace studio with long shared deskes, boothes, kitchen and bleacher seating.

Workspace Revolution: Embracing Shared Office Space for Post-Pandemic Success

The COVID-19 pandemic has fundamentally reshaped the way we work and live. As we adapt to new work arrangements, shared office space has emerged as a valuable solution to navigate the post-COVID landscape. Both startups and large corporations like Microsoft, Samsung, and Visa utilize dynamic coworking spaces to rent flexible desk, office, or meeting rooms … Continued
Robot and human hand connecting on a computer screen with a glowing light

Artificial Intelligence: Useful Tool or Something to Fear

Depending on who you’re listening to, artificial intelligence (AI) can either conjure up a HAL 9000 or a benevolent WALL-E scenario. In any event, the genie has been released from the bottle and there’s no turning back. It’s understandable that some folks are wary of this technology. Probably the best way to address your issues … Continued

The LA April Fool’s Day Tax: Not a Laughing Matter

It seems appropriate that Measure ULA (United to House LA), otherwise known as the “mansion tax,” went into effect on April Fool’s Day of this year. For those not familiar with this measure, a 4% ULA transfer tax is now levied on the sale or transfer of real property when properties are valued above $5 … Continued
Debt vs Income on a scale

Now is the Time to Ask: How Does My Lender Calculate DCR?

The grim statistics show that commercial-property owners face nearly $400 billion of debt maturing this year as regional bank failures threaten the industry’s biggest source of financing. Local and regional banks accounted for nearly 50% of commercial real estate loan originations in 2022 according to a report from MSCI Real Assets. Additionally, there is almost … Continued