By Justin Lerner
Chicago’s
property tax dilemma is no secret. The situation is complicated, as there are
hundreds of local government structures in northeastern Illinois and each of them
differs in its tax base, service and infrastructure needs, as well as its
ability to produce revenue. This, exacerbated by a host of other factors, has spawned
disproportionate property taxes, especially for…
Commute Concerns: Why Employers Should Take a Harder Look at Travel Times
March 12, 2020
By Chase Bourdelaise
While employee salaries are typically a company’s highest cost of doing business, thecommute time of an organization’s workforce plays a critical role in the employee satisfaction and turnover. For example, how would an extra 10 minutes in…
By Yesenia Marili
Everyone is called upon to be a leader at one point or another, but not everyone realizes the full potential of that opportunity. Serving as a leader in a professional or civic organization gives you the chance to hone your skills, advance your career…
By Alex Noah
As all facets of business become more data driven, commercial real estate is no exception. The industry has evolved so that real estate owners expect actionable insight supported by detailed analysis from their brokerage representatives. The days of relying…
Commercial Property Management Administration Offers a Ladder to Career Advancement
February 11, 2020
By Nicole Audette
Commercial property managementteams require administrative assistants that possess the organizational skills and aptitude to handle the daily demands of a fast-paced real estate sector. Once a role that revolved around unskilled office tasks…
Digging In: Obtaining Public Buy-in for New Real Estate Developments
January 29, 2020
By Gregory Boler
Regardless of location,real estate developersmust overcome a series of challenges before the first shovel hits the ground. The most significant obstacles involve securing the necessary entitlements such as zoning, land-use, and permitting…
Simplifying the Importance of Net Present Value in Commercial Real Estate
January 23, 2020
By Chase Bourdelaise
When comparing multiple long-term financial obligations where each option has varied payments over time, it is important to look at the aggregate cost of the liability as well as the net present value (NPV), which accounts for the value of money over…
By Cece Conway
During the past 10 years, the amount of money raised and deployed by private equity firms for mergers and acquisitions (M&A) has consistently increased. According to McKinsey’s annual review ofprivate investing, private equity’s net asset…
By Brian Banaszynski
Typically, the United States has had a recession every decade since 1850, but we’re at the 10-year expansion mark and the economy still appears steady. This stability is due to a number of factors, but supply and demand in the industrial real…
By David Klein
The life sciences industry relies on a constant flow of innovation to power its progress to commercialize its discoveries for consumer use. But many budding entrepreneurs leading these discoveries need specialized environments to conduct their experiments…