Real Estate News

Choosing the right loan for your business can feel like navigating a maze. With so many options, it’s crucial to understand the nuances of each choice—especially when it comes to commercial real estate. Enter the hybrid commercial real estate loan. So, what exactly is a hybrid commercial real estate loan?  Simply put, it’s a loan that blends the best of both worlds: the stability of fixed-rate mortgages and the flexibility of adjustable-rate mortgages.  Imagine enjoying the peace of mind that comes with predictable payments initially and then having the chance to take advantage of lower interest rates in the future.  Sounds like a win-win, right? In the beginning, you’ll have a fixed interest rate for a set period—often anywhere from 3 to 10 years. This means your monthly payments will be consistent, and you won’t have to worry about fluctuating rates during this time. Once the fixed period is up, however, your loan shifts to an adjustable interest rate. This means you...

When you dive into the world of commercial real estate, understanding who pays the commission can seem like a puzzle. As with any transaction, knowing the ins and outs of how commission is handled can help you avoid confusion and ensure smooth sailing from start to finish.  So, who foots the bill for commission fees in a commercial deal? In most cases, the seller is the one who takes on the responsibility for paying the commission. Yes, you read that right—the seller typically covers the costs associated with the buyer’s agent and their own listing agent.  Why? Because it aligns with the goal of getting the highest possible price for the property. This means that agents are motivated to get the best deal, which works out in everyone’s favor. The commission is often a percentage of the sale price, and it’s usually agreed upon upfront in the listing agreement. This is where the seller and their agent set clear expectations, ensuring there are no surprises down the road. But, o...