Leasing space affords business owners the opportunity to quickly establish a professional presence and focus their capital on growing the enterprise, while also providing flexibility. However, there comes a time when the business or practice is established and space needs are known; the owner has accumulated cash reserves and has come to the realization that…
Once your business has established itself as a viable going concern (at least three years of profitable existence), and providing you can clearly anticipate your space requirements over the next three to five years, you should consider owning the property that houses your business. With that said, there are several critical decisions and factors that…
Regardless of their specialty, most healthcare professionals (unknowingly) overpay for their office space. I surmise that the reason for this is because real estate decisions are typically made every five to seven years, and few healthcare providers can devote adequate time to becoming proficient at a task that occurs so infrequently. This makes them vulnerable…
During my 30 years in the commercial real estate business, I’ve seen numerous roadblocks and obstacles business owners face when leasing or buying commercial real estate. Major real estate decisions are typically made every three to five years, which is the length of most commercial leases, so most tenants are not familiar with current market…
A hero of our time and for the ages, Natan Sharansky shone a bright light on the plight of Soviet Jewry from his dark cell in a Soviet prison. Now, as chairman of the executive of the Jewish Agency for Israel, Sharansky uses his experiences to illuminate the importance of strong identities and the role…
