Industry news, keen insights and thoughtful, informed analysis. Expert tips and best practices for financial modeling, underwriting, valuation, due diligence and lease abstraction and lease administration. Trends we’re seeing in commercial real estate lending, capital markets and investment. And much, much more. If you’re looking for fresh takes and an expert point of view on the commercial real estate industry, you’re definitely in the right place—the Realogic Blog.
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 »
Download Our Free Commercial Real Estate Lease Terms Glossary Exculpation clause. Ad valorem taxes. Consumer Price Index adjustment. Natural breakpoint. Commercial real estate leases have their own unique, purposeful and colorful language, established by generations of CRE professionals over the course of countless commercial real... Read More »
Here’s what changed and why. If this is your first time visiting www.realogicinc.com, Realogic’s company web site, welcome! Regardless of how you found us- Google search, word of mouth, recommendation from a commercial real estate industry colleague, or even if you stumbled upon us by... Read More »
Project Management Best Practices Managing large-scale commercial real estate projects can be a challenge for even the most skilled and experienced project manager. Whether it’s lease abstraction, due diligence, underwriting, financial modeling for acquisitions or dispositions or any other type of commercial real estate project... Read More »
Why tapping into creativity in 2020 is critical to success All of us, regardless of our role in commercial real estate or our successes, have to deal with disappointment at some point in our lives. I’m not talking about the little affronts we all encounter,... Read More »
What’s your role in commercial real estate? Developer? Development Lender? Qualified Opportunity Zone Fund (“QOF”)? Actually, it doesn’t matter. If you oversee Excel modeling for any of the above, chances are you end up dealing with not only your own internal development Excel models, but... Read More »
Welcome to the new realogicinc.com! Our website has been redesigned for compatibility with the latest desktop, laptop, tablet and mobile viewing devices and enhanced with a new responsive design. What Changed? In addition to some necessary upgrades to the software that runs our website,... Read More »
As some of you may know, Realogic has offered Training Services for Commercial Real Estate professionals since its inception in 1992. At that time, Realogic offered training in Pro-Ject, which was the Property Valuation software of choice. In the years that followed, we tried out... Read More »
Last Friday, Property Managers in the Chicagoland area gathered at the Marriott Oak Brook to participate in Illinois Real Estate Journals’ Building Owners and Managers Conference. The half-day event schedule started with a networking breakfast followed by two expert panels with an intermission between them... Read More »
Continuing our Commercial Lease Fundamentals series, today’s topic is a breakdown of the four components of a commercial real estate lease. Component 1: Basic Lease Information Whenever I read a lease or a lease-related document, I like to think of myself as an investigative journalist... Read More »