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Utilizing Big Data in Commercial Real Estate

Big Data in Commercial Real Estate

Let’s look at how you can utilize big data in commercial real estate. Over the past few years, new computer technology has made data analysis — assessing and using datasets that are too large for conventional analytics — increasingly practical […]

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Evaluating the Lowest Priced Proposals for Asphalt Paving

Evaluating the Lowest Priced Proposals for Asphalt Paving

Let’s look at evaluating the lowest priced proposals for asphalt paving. You have head it before: QUALITY, SERVICE or PRICE (PICK 2). It’s cliche but it’s true. What kind of buyer are you? It is a safe bet you are […]

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Congress Passes $900B Stimulus Bill

Congress Passes $900B Stimulus Bill

Congress passed a mammoth coronavirus relief and government spending package late Monday as it moves to inject long-delayed aid into the fight against a once-in-a-century health and economic crisis. Both chambers easily approved the more than $2 trillion legislation in […]

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Philadelphia Officials Announce New Restrictions

Philadelphia Officials Announce New Restrictions

As Philadelphia Health Commissioner Dr. Tom Farley says, “We may be tired of COVID, but COVID’s not tired of us.” In response to rising COVID-19 cases in Philadelphia, the City and Department of Public Health have announced changes to restrictions […]

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Who Owns the Fixtures at Lease Expiration

Who Owns the Fixtures at Lease Expiration

Let’s examine who owns the fixtures at lease expiration. In order to facilitate a smooth transition between commercial tenants, it is important for landlords to understand their rights regarding items attached to their property. Generally, a lease will govern these rights. […]

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Avoiding the Spread of Communicable Disease in the Office

Avoiding the Spread of Communicable Disease in the Office

Let’s look at Avoiding the Spread of Communicable Disease in the Office. As a risk manager, it is important to be prepared for any number of events that could threaten the safety of your employees and/or cause severe business interruption. […]

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Plan for Phased of Reopening of Philadelphia Businesses

Plan for Phased of Reopening of Philadelphia Businesses

Mayor Jim Kenney on Friday released “Safer at Home,” a plan detailing Philadelphia’s strategy for reopening some businesses when the city’s stay-at-home order is anticipated to lift on June 5. Gov. Tom Wolf indicated last week that Philadelphia could on that date move business restrictions […]

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Philadelphia’s Unemployment Rate Falls to 30-Year Low

After another month of job growth, the Philadelphia market has reached an important milestone: The metro area’s unemployment rate fell to 3.1 percent in May, the lowest level of unemployment recorded in Philadelphia since the Bureau of Labor Statistics (BLS) […]

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Are Letters of Intent a Good Idea?

letters of intent

Commercial real estate players use letters of intent (LOIs) or term sheets all the time. Buyers and tenants present offers this way, often to see if a deal can be reached before incurring the costs of negotiating an agreement of […]

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Treasury Department Issues Federal Opportunity Zone Regulations

Federal Opportunity Zone Regulations

On October 19, the U.S. Treasury Department issued the much-anticipated proposed federal opportunity zone regulations for the federal Opportunity Zone (OZ) tax incentive program created under the 2017 Tax Cuts and Job Act, as well as related Revenue Ruling 2018-29. […]

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WCRE 2018 SECOND QUARTER REPORT

SOUTHERN NEW JERSEY & PHILLY CRE MARKETS SEE MODERATE GAINS WHILE WAITING FOR ANTICIPATED BENEFITS FROM TAX REFORM LAW July 11, 2018 – Marlton, NJ – Commercial real estate brokerage WCRE reported in its latest quarterly analysis that the Southern […]

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Success: A New Twist on an Old Story

I recently got an email from the Business Journal announcing open nominations for this year’s “40-Under-40” awards, a long-running tradition throughout the country. Not to be outdone, Forbes started its own Logan’s Run-inspired “30-Under-30” a few years ago (which is […]

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