Understanding the Major Components of a Commercial Real Estate Lease
When evaluating a property for purchase, one of the most important elements of the due diligence process is a review of the existing commercial leases. The intent of the review is to identify the major components of the lease and to use them in a financial model or in the risk assessment of the deal. […]
What is a Co-Tenancy Clause in a Retail Lease?
At First National Realty Partners, we are retail real estate investors and our preferred asset is a grocery store anchored shopping center. In nearly all cases, there is one or more “anchor tenants” – the grocery store – and a series of smaller tenants whose businesses are complementary. The general idea behind this mix is […]
What You Should Know About Commercial Real Estate Ground Leases
It is a common assumption that a commercial real estate investment (CRE) always involves the fee simple purchase of an asset. While this is a very popular option, it isn’t always the case. In some instances, a property owner may elect to enter into a long term “ground lease” with a real estate investor instead […]
What is Force Majeure?
In March of 2020, the World Health Organization (WHO) declared the novel Coronavirus to be a global pandemic. This designation put the entire world on notice that a new and unknown virus was spreading and posed a threat to the health and safety of everyone. As the virus spread, one of the primary tools used […]
