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8/20/2016 | Real Estate Blog
Paying attention to economic trends may be helpful to those in Pennsylvania who are looking to invest in commercial real estate. Changes in demographics, geopolitical issues, decreased lending and shifts in consumer spending are just some of the factors that can influence commercial real estate prices. Unemployment statistics and the income levels of middle class households are other factors to consider.
8/18/2016 | Real Estate Blog
Bank branches in Pennsylvania and across the nation look much the same today as they did in decades past, but the financial sector has been undergoing huge changes behind the scenes. Banking assets have increased from about $209 billion in the mid-1950s to an eye watering $15 trillion today, and the financial sector has gone from accounting for less than half of the nation’s GDP in 1955 to making up 83 percent of today’s economic output. However, perhaps the biggest […]
8/14/2016 | Real Estate Blog
Commercial real estate investors in Pennsylvania may be interested in some trends around retail real estate that are bucking typical expectations. Usually, restaurants can reliably act as anchors in shopping areas that are on the decline. They bring in more foot traffic and spending. However, for several quarters now, foot traffic and sales in the restaurant industry have been weaker.
8/12/2016 | Real Estate Blog
Commercial real estate investors in Pennsylvania have probably heard about the suffering retail sector. With the popularity of e-commerce, consumers are buying their clothing and electronics online rather than in department stores and malls. While e-commerce is taking customers away from most brick-and-mortar retail, the restaurant sector has been growing, and landlords are now using food to lure shoppers back to retail spaces.
8/9/2016 | Real Estate Blog
Prospective landlords and tenants are both well-served to familiarize themselves with Pennsylvania’s basic statutes concerning the proper handling of security deposits. When it comes to lease conflicts, most of them come back in some way or another to disputes about a security deposit (or lack of one). While the statutes offer a great deal of flexibility to creators of leases regarding how security deposits must be handled, there are some clearly defined guidelines that will help both tenants and landlords […]
