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Commercial Real Estate Archives

How do you change zoning ordinances?

Getting an attractive property zoned for your ideal use in Florida might be a relatively simple matter. It may also require you to expend significant effort. How far you decide to pursue the process might depend on various factors, primarily the value the location represents and the resources you have available.

What are pros and cons of asset-based lending?

If you are looking to secure business financing in Florida to grow your commercial real estate company, asset-based lending is one possibility to obtain working capital. According to the U.S. Office of Treasury, asset-based lending refers to a credit line that can be offered from a lending or financial institution based on assets owned by the recipient that are pledged as a source of collateral.

Seeking zoning law variances

Most developers understand that if you build anything over two feet tall in the wrong part of Miami, you are likely to have to deal with issues regarding zoning laws. Such ordinances are needed, yet in may cases, some would argue that they are either misguided or outdated. Many clients have come to us here at Welbaum, Guernsey, Hingston, Gregory and Black, LLP frustrated over having zoning laws impede the progress of their projects and wondering what can be done to address them. If you are dealing with a similar conundrum, you will be happy to know that there are avenues that may allow you to complete your development in your desired area. 

Small businesses and commercial mortgages

Small business owners in Florida who are looking to purchase property for their company's use will typically need to take out a commercial mortgage. Because small businesses often have less capital and fewer assets than larger corporations, there are alternative options available for eligible companies.

The basics of zoning

Understanding the zoning laws and regulations in Florida is necessary if you are preparing to construct or purchase a commercial real estate property. We at Welbaum Guernsey have experience with this type of construction and can advise you on the details that this type of project entails, including the specific zoning requirements. 

What is an easement and how does it affect my property?

If you are purchasing property in Miami for commercial purposes, there may be terms that pop up that you are unfamiliar with, especially if this is your first large property deal. For example, a title search may reveal that there is an easement on the land you are buying. Here is what you need to know about easements and what they mean for you as a property owner.

Tips for negotiating a commercial lease

Whether a business has an established history or is just starting, finding a space in which to operate is often an important step. Renting is the option most businesses choose and with good reason. It can save a company money and provides the option of moving on if more or less space is needed. Here are tips to help business owners ensure that they are getting the best lease terms possible.

What are the pros and cons of real estate crowdfunding?

You may have heard about crowdfunding but are unsure what it is. Crowdfunding is a way that people use the internet to solicit money for a project. Common reasons people look to crowdfunding include help with medical bills, funds to manufacture an invention and financial backing for movies and other creative arts projects. However, some entrepreneurs in Florida are now turning to crowdfunding to back real estate investments.

Foreclosure lawsuit filed against Miami property developer

Purchasing commercial real estate in Miami can be a sound business investment. Companies or investors that purchase property rather than an existing structure or business have the opportunity to develop it from the ground up. However, as with any type of financial or real estate transaction, problems can sometimes occur.

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