Over the summer New York City passed a law that focuses increased attention on protecting tenants in buildings that include a large percentage of rent-regulated apartments! Specifically when that building changes hands at an inflated price, suggesting that an endgame of the new buyer might be to get these tenants to move out! In New York […]
As bond and equity markets brace for a small uptick in rates courtesy of the Fed, will this compound the issues facing commercial mortgage borrowers who need to rollover their loans? A quick look at the chart below illustrates the scope of the potential problem facing borrowers with the $300 billion or so volume of […]
Unlike the way that a value or asking price for residential real estate is determined, the worth of a commercial property is based primarily off of one thing…NET OPERATING INCOME! Residential Real Estate 101 Residential property will generally be valued using a comparison to other properties in the general vicinity. Recent closed sales that occurred nearby the […]
Introduction At Hallmark Abstract Service we attempt to provide clients with information they hopefully find timely and useful that they potentially may be able to share with their own clients. With that in mind, we wanted to offer an overview of commercial real estate mortgages and some of the issues surrounding what for many buyers is […]
