All Posts from Commercial
It’s That Time of Year in Michigan: Time to Check your Property Tax Assessment
In the past few weeks, all property owners should have received their 2024 Property Tax Assessment notice. Since this is not a tax bill, many people don’t pay attention to it and do not realize...
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03.11.2024
If You Have a Holding Company for Your Real Estate - Avoid this $500 Per Day Fine
Beginning January 1, 2024, the Corporate Transparency Act (CTA) passed by Congress in 2021, requires many companies to file information on the ownership of the company to the Financial Crimes...
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02.19.2024
Commercial Real Estate Sales Plummet While Price Per Square Foot Reaches Record Highs in the Traverse City Area
From a commercial real estate perspective, 2023 was a remarkable year. We saw interest rates rise to levels above anyone’s prediction, major declines, and defaults in urban office...
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01.21.2024
The Benefits of Sale Leasebacks
A commercial property sale-leaseback occurs when a business that owns property sells the real estate and leases it back from the buyer so that the business may continue using the real estate....
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12.18.2023
Will the Digital Nomad Influence Commercial Real Estate?
Although Digital Nomads have been around since the 1990s, I just recently learned the term which describes a person who earns their living at locations of their choosing instead of a fixed office...
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06.26.2023
Time for a Commercial Real Estate Reset
I recently listened to a “CRE Insights” webinar with the chief economist for the CCIM institute, K.C. Conway, where he discussed the chilling effects that 10-interest rate increases in...
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05.22.2023