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What You Need to Know Before Buying Commercial Property
David Steinfeld of North Palm Beach Real Estate Investors Groups discusses important points you should know when investing in and buying commercial property. It explains the different treatment between commercial and residential real estate under Florida law, addresses the topic of pre-closing due diligence, and some of the commonly litigated issues in commercial real estate transactions.
read moreForks Downtown
Since 1992, Joe Banfield has been successfully representing office tenants by educating them on current market conditions and setting appropriate strategies to accomplish client objective. Whether renewal, relocation, or lease renegotiation, Banfield Commercial Properties Group ensures your lease contains modernized terms and delivers the best package of financial incentives. This is done by creating and effectively using the Tenants leveraged points in all negotiations.
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Analyzing Commercial Real Estate Quickely and Easily
Peter Harris of Commercial Property Advisers and author of Commercial Real Estate Investing for Dummies presents how you can analyze any commercial real estate quickly and easily with 5 key terms.
read moreNight Skyline Downtown
Since 1992, Joe Banfield has been successfully representing office tenants by educating them on current market conditions and setting appropriate strategies to accomplish client objective. Whether renewal, relocation, or lease renegotiation, Banfield Commercial Properties Group ensures your lease contains modernized terms and delivers the best package of financial incentives. This is done by creating and effectively using the Tenants leveraged points in all negotiations.
read more287 Broadway Ave
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read moreGlossary of Lease Terms for Commercial Real Estate
We’ve listed below some commonly used lease terms. This will help you to understand more of the terms and conditions in your lease or purchase. ad valorem: (According to value) which refers to the value of the property used in the computation of taxes. as-is: The existing condition of real estate, prior to any improvements contemplated under a lease. assignment: The transfer of leasehold interest in a property to a second party. attorn: To transfer to another or to agree to recognize a new owner of a property and to pay them rent....
read moreParking Lots, Rates, & Transit
Impark offers a parking management solution that ensures prime parking spaces turn over frequently with valuable customers; while staff occupy less desirable spaces and unwanted commuter and other parkers are prevented from repeatedly using the parking facilities. Vinci Park renamed itself Indigo in 2015. Indigo develops customized and unique solutions because they believe their partners have specific demands. Winnipeg Transit has a fleet of 585 buses. Nearly all of these buses are low floor easy access buses, making public...
read moreTax Exemptions and Non Profit Groups
Generally speaking, the only non profit entities that are exempt from paying property taxes are churchs. Only a few other types of non profit organizations share the same exemption status, those typically being education, health & crown corp type organizations. Note, Just because your non profit entity may be eligible for a Property Tax exemption doesn’t mean you’ll get an Education Tax exemption. To see if your organization is exempt from paying property & or educations taxes, check the Government of Manitoba website:...
read moreFinancial Assistance with Tenant Improvements
The Thomas Sill Foundation provides grants throughout Manitoba. Registered charities may obtain an application form by phoning the Foundation office, at which time a preliminary discussion will determine eligibility. Grants awarded may be capital, operating or project in nature. Successful applicants must wait two years before submitting another request. The Winnipeg Foundation support a wide range of local charitable organization to make Winnipeg a better place to live, work and play. The Kiwanis Club of Winnipeg Foundation Inc. (the...
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