Investing in Commercial Propert

Financialpoise

Before taking the plunge into commercial real estate investing, one should have a clear understanding of how to select the right location, preferred type and class of property, what due diligence to do, how to secure financing, how to negotiate a deal, and how to manage the property going forward as a commercial landlord. This Financial Poise panel explains the process from looking for the investment, to contract, to closing, and beyond.
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Spotlight

Ancillary businesses: mortgage, title, golf course development and management, landscape, land development, home security, architecture, engineering, house component manufacturing

OTHER ON-DEMAND WEBINARS

Collective Bargaining Developments in Construction

Lorman

The relationship between contractors, subcontractors and construction labor unions is a complex one. The heart of the relationship is the collective bargaining agreement and the bargaining process. Too often, contractors feel like passengers on a train that has already left the station, with little formal background in the framework for bargaining, their ability to influence the bargaining agreement, and the options they may have whether an 8f or 9a contractor.
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Health at the Core — Real Estate Redefines its Value Proposition. And We ALL Benefit

From multifamily to corporate real estate, it’s usually not easy to make the invisible important to buyers and tenants. Air filtration calculus and material chemical composition just isn’t as compelling as skyline views and granite countertops — nor is the invisible as easy to showcase. But in the current environment the ways that our interior spaces are helping keep us safer and healthier lead the benefits list for nearly every customer. Hear how real estate leaders on both coasts are creating people-first places and readying them for a real estate market that has changed forever.
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Spring 2019 Real Estate Economic Forecast

URBAN LAND INSTITUTE AMERICAS

The ULI Center for Capital Markets and Real Estate was founded in 2009 with a mission to promote understanding of the real estate capital markets and provide leadership in fostering a healthy and productive real estate capital markets sector. ULI currently is engaged in real estate finance and capital market activities and programs across the organization, and the Center is integrally involved in developing, guiding, and/or showcasing both ongoing and new programs.
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Real Estate Broker Agreements: Fiduciary Duties, Reps and Warranties, Indemnification, Conflicts of Interest

When buying a commercial real estate property, the brokerage agreement is between the buyer or seller and the broker. The broker is an agent of the buyer or seller and, as an agent, has fiduciary duties to the client. Sometimes the broker could act as a dual agent, which creates potential conflicts of interest. Real estate counsel can serve to ensure the broker will represent a client's interest in a transaction by crafting a detailed agreement that meets those needs. Most states recognize that real estate brokers occupy a position of trust through a fiduciary relationship with the parties they represent. A fiduciary relationship brings with it requirements of fidelity and good faith. These issues are often raised in claims that an agent has acted as a real estate broker and a buyer (or seller) of a property. It is a potentially dangerous position for an agent to occupy. The benefit of the brokerage agreement is clear communication between the buyer (or seller) and the broker. It is an excellent opportunity to discuss who will perform what tasks. At a minimum, the best agreements shall establish: (1) the timing for completing tasks, (2) when and how the broker is paid, (3) how to handle broker expenses, and (4) when the broker's representation ends. The broker agreement should limit liability and include indemnification language that protects the broker from the client's acts and ensures that clients are not held responsible for the broker's act. Because this is an agency relationship, the client must communicate to the broker what representations or statements the broker can make on behalf of the buyer or seller. If a dual agent situation cannot be avoided, the issues of potential conflicts of interest should be addressed in the agreement. Listen as our expert panel discusses what constitutes an enforceable broker agreement, clarifies provisions to establish clear fiduciary duties, and outlines how to avoid conflicts of interest while limiting potential liability for the acts of others.
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