Commercial real estate deals can be some of the most rewarding — and risky — investments a business makes. Whether you’re buying, selling, or leasing property in Massachusetts, success depends on more than a handshake and a signed contract. Each stage of the process carries legal, financial, and operational implications that can...
Can equity influence a real estate transaction?
According to a recent report, home equity lending is up by over twenty percent from a year ago.
Specifically, one real estate data firm examined lines of credit issued to homeowners who wanted to leverage some of their home equity. Across the country, nearly 798,000 home equity lines of credit, or HELOC loans, were issued...
Issues affecting affordable housing development projects
Boston Mayor Marty Walsh recently released his first official housing plan. The report calls for more developers of middle-class housing projects and includes several strategies for attracting them, such as property tax incentives and land deals.
The local administration hopes to spur more construction of middle-class housing based on recent real estate trends. According to...
More issues impacting commercial real estate transactions
Although it may be easy to understand the desire to preserve historical structures, disagreements can arise in their classification. In the context of land use and zoning, such efforts may impose a height restriction on skyscrapers or other commercial development projects.
Yet zoning is but one potential issue facing commercial developers. Some commentators question whether...
Do zoning officials favor foreign property developers?
Although zoning laws may sometimes get in the way of a commercial developer's brainstorming and design ideas, they are the law. Yet a recent article suggests that not every property developer may be held to the same standard.
If that sounds unfair to readers, there's a good reason: A lot of money can be at...
Taking another look at commercial real estate trends
New ways to think about real estate purchases
Does cloud-based technology help or hinder real estate deals?
Commercial real estate companies adjust to foreclosure market
Although many aspects of the housing industry were affected after the subprime mortgage crisis of 2008, some commercial real estate companies responded by buying foreclosed properties in bulk. That institutional buying is credited with helping home prices to rise in many distressed markets.
Yet the market for such purchases and...
Condos are smaller than homes, but not their purchase agreements
Although readers might assume that condo prices would move in tandem with the local residential real estate market, a recent report from the Massachusetts Association of Realtors indicates otherwise.
Whereas the market for single-family homes in Massachusetts appears to be slowing, condo prices continue to rise. In April, median condo prices rose to $319,000, almost...