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Types of Commercial leases

There are three basic types of commercial real estate leases. These leases are organized around two rent calculation methods: “net” and “gross.”

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Corridor Business Journal Names LKR as One of the Best Places to Work!

The Corridor Business Journal has announced the ‘2017 Coolest Places to Work’. According to the site, this list “honors local companies that have created the most engaging and rewarding work environments.” Companies in Kirkwood’s region can nominate themselves, but are selected for the list based on a Worker Satisfaction Survey. The winner of the 2017 Coolest Place to Work will be announced at the ‘One …

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Big changes predicted for commercial real estate

This prediction for 2018 commercial real estate may effect the Iowa City / coralville / North Liberty and other Johnson County Areas reports Jeff Edberg, CCIM, SIOR at Lepic Kroeger, Realtors in Iowa City. A consultant who predicts a 2018 end to the current commercial real estate cycle says the industry will see fewer office and retail property sales, but more multifamily sales as …

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Online -vs- Brick and Mortar Retail Shopping: The Statistics

The web is chock full of awesome research, survey results, and insights about retail. You could spend hours digging around looking for quotable bits of information. To make it easy for you, I compiled 100 different statistics about retail, eCommerce, customer experience, and a whole bunch of related topics. Use this post as a singular place to find lots of data points to use …

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Iowa City Area Statistics and Resources

New Johnson County, Iowa area real estate sales reports and statistical reports are new available on the RESOURCES tab of this website.  Navigate to RESOURCES for a look at all Johnson County, Iowa area sales and lease comparable transactions from 2005 through 2016.  Also, new statistical reports are available for this Iowa City, Iowa metro area including the Executive Summary for 2016, the Housing Report …

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Professionalism in Real Estate Brokerage

Professionalism is the normal in the Iowa City area. Let professionalism start with me! Key Takeaways Instead of looking to real estate agents for solutions, we could put the burden on brokers. Real estate licensees are required to work under a licensed broker, and that gives brokers control. Some brokers won’t be able to raise the bar of professionalism, but many can and should. …

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8 experts predict what the 2017 housing market has in store

What will happen to mortgage rates, affordability, inventory and more Key Takeaways Mortgage rates are likely to continue to increase throughout 2017. There will not be any easing in inventory, and affordability will still be a challenge in big markets. The potential is there for a large number of first-time buyers to enter the buying market, but they will face new challenges. It’s been …

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Fed to hike interest rates next week while ignoring the elephant in the room

The Federal Reserve is going to raise interest rates next week, but shy away from the bigger question looming for financial markets: How does the shock outcome of the presidential election change the economic landscape? The Fed is widely expected to announce an increase in the target range for its federal funds rate to 0.5%-0.75% when its two-day meeting wraps next Wednesday, analysts agree. …

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Iowa City Council unanimously approves support for workforce housing project

7-story building with 36 micro-apartments is planned IOWA CITY — The Iowa City Council gave a boost to a workforce housing development Tuesday, following a process that cut the size of the proposed building in half. The council voted 7-0 to provide Workforce Housing Tax Credit support for seven-story micro-apartment residential and commercial structure planned for 7 S. Linn St. To apply for the …

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