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Showing posts from December, 2017

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Why You Should Hire a Property Management Company

December 19, 2017

business property management +0 real estate

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Benderson Development Company Inc

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Top Legal Issues Hounding Real Estate Managers

Image source: Pixabay.com The demand for property management is skyrocketing with real estate boom and a greater demand for homes, commercial properties, and industrial properties. But property managers are not without their own set of challenges, foremost of which is complying with constantly changing regulations and prevent potential lawsuits and legal problems. There is a wide variety of legal issues faced by real estate managers today. The most significant of these issues relate to the everyday business of property management: debt collection resulting in disputes and stemming from economic factors such as retailers going out of business, residential tenants losing their jobs, and growing lease defaults. The economic downturn is pointed as a reason behind any disputes, suggesting that a weak economy is leading more to try cashing in on slips and falls. Property managers are also facing a number of frivolous lawsuits, or meritless suits. This type of litigati...

The Growing Relationship Between The Internet And Real Estate In The 2010s

It can be argued that the biggest challenge facing real estate professionals isn’t whether technology will make them obsolete. It has more to do with how they can help consumers in the new, tech-driven marketplace. Image source: aarcom.co.in The arrival of the internet changed everything and put the customer in charge. In the past, real estate professionals held vital industry information close to their chests, leading prospective buyers and sellers to actively seek them out. That centuries-old control of about 90 percent of any industry transaction is over. Things began to change in the 1980s when realtor boards automated regional multiple listing services. Member brokerages could access listings, recent sales, tax information, and other property details online through dedicated computers. However, the public still preferred classified ads in newspapers and industry magazines up to the ‘90s. But the arrival of Craigslist got the industry realizing that ...

The new design for the Canalside building

On the south end of Donovan Block, people will be treated to one of Benderson Development’s new projects. It will be a five-story building, which will be located on the north side of Scott Street, just between Main and Washington. Landmarks are a Tim Hortons right across the street and (716) Food and Sport in Harborcenter. Image source: skyrisecities.com The ground floor along Main Street will be retail space that takes up around 7,380 square feet, and a restaurant along Washington that will be around 6,000 square feet. The second floor will be for offices. The total area will be 13,000 square feet. Residential units will be constructed from the third to the fifth level – 16 units all in all (14 one-bedroom and a single two-bedroom unit per floor). The initial concept of the building shows it primarily made of brick and stone. The idea is to match the building itself with the rich and classic history and aura of the Canal District. Although there ...

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