All Posts from Commercial

The Rise of the Individual Office
While demand for office space significantly decreased after the start of the pandemic, we have seen an increase in need from individual office users. As many companies shifted to a...
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10.03.2022

Inflation’s Impact on Commercial Real Estate (CRE)
Inflation has been on everyone’s minds lately as increased prices are affecting the entire economy and driving up costs for food, consumer goods, labor, housing, and commercial real estate. To...
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08.29.2022

What is Proptech?
Proptech, also known as Property Technology, is a term used to describe the application of technology to real estate. It has been a growing buzzword over the past decade and the pandemic accelerated...
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05.15.2022

To Buy or to Sell… That is the Question
Record high prices and very low cap rates have many real estate investors wondering if now is the time to take advantage of the market and sell their properties. I have spoken with quite a few...
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04.17.2022

2021: A Year for the Record Book for Traverse City Commercial Real Estate
After a tumultuous 2020, the world seemed to acclimate to waives of shutdowns as the pandemic continued to disrupt life in 2021. In some ways, disruptions became part of our routine as people...
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02.20.2022

Commercial Purchase Agreements | Pitfalls and Consequences You Should Know
When presenting an offer to purchase real property, the offer is written as a letter of intent (LOI) or a purchase agreement. A purchase agreement becomes a binding contract once both parties...
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12.21.2021