How will changing demographics affect the commercial real estate market? Steve Lubetkin interviews award-winning speaker Todd Clarke, CCIM to find out what commercial practitioners need to know about Gen X, Gen Y and the echo boomers. Listen here
Broker Awarded Lease Commission
A brokerage that helped a landlord and its tenant renew a long-term lease is entitled to its commission even though the agreed-to rent amount was not established until after the expiration of the brokerage’s commission agreement, said the Missouri Court of Appeals, Western District, reversing the lower court. The landlord argued the commission wasn’t owed since the rent amount wasn’t set until after expiration of the agreement, but the appeals court said the commission was due at time the lease agreement was signed, which was before expiration of the commission agreement.
Commercial 2012
A modest improvement in the commercial real estate market, a five-year extension of the National Flood Insurance Program, and the launch of Realtors Property Resource® Commercial were just some of the highlights in commercial real estate in 2012. Listen to a podcast for more and a look forward at 2013.
Heard the Odd Senior-Sector Finance Tale?
The over-85 segment of the population is growing at three times the rest of the population. But are you aware of the odd story of financing in this growing sector? Get the details from this post on NAR’S The Source blog.
