How Can Investors Calculate NNN Lease Expenses? by Kevin Sanz, CCIM, MSIRE

Posted on October 22, 2020

Triple net leases (AAA) allow commercial real estate owners to pass to their tenants most of the responsibilities for managing a property and paying all the related expenses. However, it is critical that property owners carefully calculate and record all the expenses covered under a NNN from the onset. Generally, […]

What is Considered Like-Kind Property in a 1031 Exchange? by Christopher Sanz, JD, LLM

Posted on October 15, 2020

Section 1031 of the tax code provides commercial real estate investors with an opportunity to defer capital gains tax on the sale of appreciated real property when they reinvest sales proceeds into “like-kind” business or investment property. But what is considered like-kind property? For tax years beginning in 2018, like-kind […]

What Expenses Do Triple Net Lease Property Tenants Pay?

Posted on October 06, 2020

One reason investors tend to favor triple-net-lease (NNN) property is that they can sit back and collect a steady stream of passive income from rental payments without incurring any of the costs to manage and operate that property. Instead, an NNN lease typically transfers those operating expenses to the tenant […]

Limestone Asset Management Purchases Marquee Sarasota Retail Properties for $15.5 Million: 362 St. Armands Circle and 371 St. Armands Circle

Posted on September 29, 2020

Brothers Ibrahim Al-Rashid, Salman Al-Rashid and Mohammad Al-Rashid of Limestone Asset Management Purchase the Properties Through a Joint Venture Between Limestone Asset Management and Orion Real Estate Group SARASOTA, FL (Sept. 28, 2020) — Miami-based Limestone Asset Management, via a joint venture with Orion Real Estate Group, closed on two […]

Property Owners’ Rights When Tenants File for Bankruptcy

Posted on September 22, 2020

In the current economic climate, property owners hoping to receive monthly rental payments should not be surprised if they instead receive legal notice of a commercial tenant’s filing for bankruptcy. When this happens, landlords can take proactive measures to protect their interests and minimize their exposure to risks. A bankruptcy […]

Check the Fine Print in Triple Net Lease Agreements

Posted on September 17, 2020

Not all triple net leases are created equal. Rather, investors purchasing commercial property with NNN tenants already in place should take the time to review each individual lease agreement to understand from the onset all the benefits, restrictions and obligations they will inherit after the purchase closes. For example, investors […]

Convenience is Key to QSRs Tenants’ Post-COVID Survival

Posted on September 09, 2020

Restaurants did a good job flexing their creativity and adapting to the pandemic lockdowns and social distancing measures. However, even as these businesses begin to reopen for inside dining, a significant number of consumers are continuing to exercise caution and opt for the convenience, speed and contactless features of order-ahead […]

Millenia Orlando Outparcels Acquired in $22.7 Million Transaction

Posted on September 02, 2020

ORLANDO – Sept. 2, 2020 – Limestone Asset Management, an affiliate of Orion Real Estate Group, has purchased seven outparcels of the Millenia Mall in Orlando, Fl, for $22.7 million. The acquisition includes more than 100,000 square feet of commercial and office space. Long-term tenants include Olive Garden, BJ’s Brewhouse, […]