Learn Commercial Real Estate with Divine Katoure A Prosperous New Year to Everyone! It's a new year with new opportunities. There are many new things happening. As the new year gets started remember to stay true to who you are and what works for you. Let's get into it. One of the topics I have been studying and quite excited about is NFT's. This month we will focus on NFT and Real Estate. Each week we will focus on a different aspect of the topic. Please share this with others who are also interested in NFT'S. Maybe you have heard or seen that word around, and maybe you are already know what it is and how...
Learn Commercial Real Estate Commercial Leasing A new week, new experiences and new opportunity. And each week I bring you lessons and information all about Commercial Real Estate Leasing. We are having a short recap on Letters Of Intents this week. The Letter of Intent is called several things: "Lease Proposal" "Letter of Intent - Offer Letter" "Submitting an Offer" Remember it is very important to use the dialect and lingo of commercial real estate when speaking and interacting with commercial agents and investors. Sidenote: Today, I am searching for Cannabis Warehouse space in the Green Zone. How many of you are living in states where Cannabis agriculture is allowed? Hit reply and let me know. I may record my search...
Learn Commercial Real Estate Commercial Leasing It is a new week with new possibility, and the opportunities are yours. We are going to continue with the retail gems. Here are some good news. Most of you know last spring I was contacted by The Office of Economic Development in San Francisco. They were working with The Black Chamber of Commerce in San Francisco leading an effort to keep black owned businesses from shutting down, being evicted, and helping business owners find new business space. One of those businesses was Yes' Pudding a local business owned by Quanishia Johnson. Her story is amazing and so is the delicious sweet and savory treats she offers. The reason why this deal was so important...
Learn Commercial Real Estate Commercial Leasing It is the middle of the week with wonderful opportunity ahead of you. We took a couple of weeks off to regroup and now we are back. We had a request from several superstars in our community on helping Cafe and Lounge owners with their business space needs. I decided to revamp the Restaurant / Cafe / Bar series we did last June. It is really so wonderful to be rocking with you all for so long. Before we get into the good stuff. I would like you to stay encouraged during the holiday season. Deals may slow down a bit, as people focus more on the holiday. Just keep going. As the...
Learn Commercial Real Estate Commercial Leasing Happy new week! This week we are covering Tenant Improvement Allowances. AKA Tenant Improvements = TI OR TA ( I use TI) A Tenant Improvement Allowance is money provided by a Landlord to a Tenant to help pay for improvements needed in their new business space. It may also cover expenses associated with getting started in the new space. It is usually expressed in a per-square-foot or total dollar sum. The specific Tenant Improvement request begins in the Letter of Intent. Tenant Improvements will be negotiated and solidified during Lease Negotiations. Tenant Improvements are a big part of commercial leasing. As either a Landlord Rep or Tenant Rep, understanding Tenant Improvements can literally change...
