Company announcements. Important service and solution updates. Awards. Upcoming trade shows and conferences. As a commercial real estate leader and industry mainstay, Realogic is always making news, always innovating and always on the go. Whether you’re a long-time Realogic consulting or software client, curious about our company and our commercial real estate services or just interested in commercial real estate in general, you can find all the latest news and updates on Realogic here.
This post is the third in our series entitled “The ABCs of Commercial Real Estate Leases”. The series is meant to both provide an overview of commercial real estate lease fundamentals for those who are new to the industry, and serve as a helpful and... Read More »
In the next two installments in our series on lease fundamentals, “The ABCs of Commercial Real Estate Leases”, we’re going to address Rent and Additional Recoverable Expenses, an important topic considering Base Rent and Recoverable Expenses account for the lion’s share of revenue from commercial... Read More »
On the surface, commercial real estate leases might not seem all that exciting. They tend to be long, formal, detailed documents filled with arcane real estate terminology and lengthy, intimidating legal clauses—not exactly most people’s idea of light bedtime reading. But, leases are the cornerstone... Read More »
Expense Gross Ups—or Grossing Up– is a term that frequently appears in commercial real estate leases. Grossing Up is a process for calculating a tenant’s share of a building’s variable operating expenses, where the expenses are increased for expense recovery purposes, or Grossed Up, to... Read More »
One topic that draws a lot of interest on both the Realogic Blog and in our commercial real estate training classes is rent increases tied to the CPI, the US government’s Consumer Price Index. What is the CPI, what does it have to do with... Read More »
Leases are the fundamental building blocks of commercial real estate. Whatever the endeavor—underwriting, due diligence, financial modeling, lease administration— it starts with the humble and unassuming commercial real estate lease, a detailed, complex and usually lengthy document that serves as a legally binding contract between... Read More »
The term “Pro Rata” means proportional or in proportion. In the context of commercial real estate, the term “Pro Rata Share” is a method of calculating a tenant’s share of a building’s expenses based upon a calculation defined in a tenant’s lease. Pro Rata Share... Read More »
Another topic related to commercial real estate leases that we get asked about a lot is percentage rent. For those unfamiliar with the term, percentage rent is a type of rent primarily found in retail leases where the tenant pays the landlord a percentage of... Read More »
Updates Include New Information, Helpful Tips and Insights, Detailed Examples, Links to Additional Resources A few years back, we ran a series of blog posts on the fundamentals of commercial real estate leases. The posts explained the four main components of commercial real estate leases,... Read More »
While reviewing thousands of our clients’ Argus Enterprise (“AE”) models every year, we notice a wide variety of issues, mistakes or perceived lack of understanding about how Argus Enterprise functions. At Realogic, we use a variety of review methodologies to ensure accuracy and model calculation... Read More »