Sentences with phrase «as tenant demand»

Rental prices were rising as tenant demand soared in response to population growth and strong job creation numbers in Texas.

But as tenant demand increased in these core urban markets, it pushed up rents and reduced the supply of available office space.

Not exact matches

While mobile masts operators in India have benefited from growing demand from carriers that have rolled out high - speed 4G services, they have also lost tenants in some areas as several money - losing carriers shutdown operations.

As a result, landlords who can offer those tenants locations with heavy foot traffic and the right layout can still demand high rents.

The letter demands an end to something known as vacancy decontrol, under which landlords can take empty apartments out of the system when the next tenant would pay more than $ 2,500 in rent.

Shelley Winters plays the concierge, a woman with little time for the others occupants; veteran Hollywood actor Melyyn Douglas is Monsieur Zy, the recalcitrant owner of the building who demands that his tenants live as quietly as possible; other tenants include the shrewish M. Dioz (Jo Van Fleet (East of Eden, The King and Four Queens) who wages spiteful wars on those with whom she has fallen into disagreement, and the meek mother (Lila Kedrova — The Kremlin Letter) and her disabled daughter who become the focus of Dioz's vitriol.

Some of these risks include: a deterioration in national, regional, and local economies; tenant defaults; local real estate conditions, such as an oversupply of, or a reduction in demand for, rental space; property mismanagement; changes in operating costs and expenses, including increasing insurance costs, energy prices, real estate taxes, and costs of compliance with laws, regulations, and government policies.

In recent years, start - ups and technology - related firms such as Sonos Corporation have made Downtown Santa Barbara their headquarters, creating new demand for similar tenants.

You also may not be able to ask the tenant to sign waivers to their legal rights such as the right to sue or demand habitable housing.

As a result, Justice Morgan granted temporary relief from forfeiture to the tenant on certain terms including requiring the tenant to pay the unpaid rent, realty taxes and water bills, and the parties to resolve the dispute relating to the lease agreement and demand loan within 60 days.

Giving your tenant an Eviction Notice (more formally known as a Notice to Quit or Demand for Compliance in Colorado) is the first step in attempting to remove a tenant from a rental property.

This subsection can be read as demanding that a relationship must be a landlord and tenant relationship before the question of whether it is a residential tenancy arises.

(iii) The landlord will (unless prevented by causes beyond its control) prepare and send to the tenant a statement of the actual Service Costs and Service Charge for each Service Charge Year as soon as practicable after the end of such year and in the event of the Service Charge for the Premises exceeding the aggregate amount paid by the tenant for such year the tenant will pay the balance due to the landlord within fourteen days of demand and in the event of the aggregate amount being greater the excess will be credited by the landlord by way of set - off against the next instalment of Service Charge due from the tenant.»

The case also acts as a reminder to tenants who may find it financially beneficial to be aware of the terms of their lease, as even if the payments are due under the contract, if the correct procedure for demand is not followed, no duty to pay service charges may arise.

As owners of residential properties will be aware, the Landlord and Tenant Act 1987 states that any written demands for service charge must contain «the name and address of the landlord».

Section 47 (2) states that where any demand for a service charge does not contain the information required by s 47 (1), the amount demanded is to be treated as not being due from the tenant at any time before the information is furnished to him.

Insurance has been good so far, but we see that we are already facing very likely income loss as a consequence of the demands from the tenants for lease termination and return of deposit; possible delays in finding new occupants since we can't show the property; multiple trips to the city with more and more problems surfacing, etc..

As the demand for housing increases in North Dakota urban centers like Fargo, Bismarck and even Williston, forward thinking landlords and would - be tenants are turning more and more to the convenience and affordability of condo living.

Managego noted that very few tenants are currently interested in making their rent payments with the decentralized cryptocurrency, but they anticipate a greater demand for Bitcoin in the near future as more and more people start using the digital currency.

«The sector is seeing increasing demand as a result of the shift towards more outpatient care, strong and stable tenant rolls, as well as strong and growing demographics.»

Today, life sciences tenants face a dilemma — a lack of quality office and laboratory space, combined with outsized demand, is pushing rents higher in a sector already struggling with rising labor costs and a bottom line that is only as high as the last well - performing patent.

Doug Healy Principal Lend Lease «Mall tenants might fill Internet orders with store merchandise, and the landlord might demand that sales made to customers within ZIP codes served by the mall be included in gross sales and used to trigger percentage rent, but the reality is business as usual.»

«In a state of market equilibrium, you don't have as much pricing power, so tenants can demand,» he said.

The national office vacancy as of the third quarter is at its lowest point since before the recession, at about 13.4 percent, with some markets seeing historic increases in tenant demand and subsequent construction starts...

We both saw good demand from tenants as there was an influx of people into the area and saw huge exit price potential when developers started investing in the node to restore its former glory.

You need to pinpoint a good property in an area that offers solid current and future rental demand, as well as good prospects for capital appreciation, and tenant and maintain the property professionally.

Today, life sciences tenants face a dilemma — a lack of quality office and laboratory space, combined with outsized demand, is pushing rents higher in a sector already struggling with rising labor costs and a bottom line that is only as high...

While there is certainly demand, landlords must be careful of overpricing their properties, as this can cause it to sit unlet for months while waiting for a suitable tenant, said Gussenhoven.

As more and more tenants are drawn to mid-size product and demand increases, the potential upside of these properties will also increase.

Technology now appears to be curtailing demand as fewer tenants feel...

Investor demand for newly constructed properties is particularly high, as these assets typically feature long - term leases, strong credit tenants and high - quality construction.

I have focused on residential flats in London as a future hedge, given the strong tenant and property demand in London, relative to the rest of the UK.

Andrea Cross, national research manager with Colliers, says demand from technology tenants continues to be robust, with increased leasing from both small start - ups, as well as tech titans like Amazon and Facebook.

As far as demand from the tenant it varieAs far as demand from the tenant it varieas demand from the tenant it varies.

Even if your area demands a washer and dryer, I would still let the tenant know that maintenance is on them, but worded as you «expect them returned to you in the same working order that they are in now.»

The strong demand for triple - net lease properties keeps Vannelli prospecting — reaching out to developers and tenants she's had relationships with for the past 10 to 15 years, as well as constantly calling developers of new properties.

Making your home available as a «rent to own» will greatly increase the demand from potential tenants.

As such, it's also important for retail tenants to match the local consumer demand with their products & services offered.

As upscale office space demand continues in the Los Angeles market, this Beverly Hills asset awaits new tenants.

Cushman & Wakefield v. Northeastern Industrial Park (246 A.D. 2d 303)-- owner is liable for brokerage commission stipulated in commission agreement notwithstanding that it is not a party to either the renewal lease procured by broker or the prior lease, where owner identified itself in the commission agreement as the landlord of the premises, and, throughout the lease negotiations and continuing even after broker first demanded its commission, consistently held itself out as one in the same as the company identified in the lease as the landlord; commission agreement clearly requires payment of the full term commission at the commencement of the lease should the lease, as it does, require the tenant, should elect to cancel, to reimburse the landlord for the portion of the commission attributable to the cancelled term.

Alabama law does not limit prepaid rent but only limits how much money a landlord may demand or receive as security for a tenant's obligations under a rental agreement.

We also understand that issues such as climate change, resource limitations, regulatory environments and tenant demands for operational efficiencies will continue to impact investment decisions and financial performance.

However, secondary cities including Phoenix, Austin, Texas and Raleigh - Durham, N.C. are starting to show tremendous growth in office demand from tech tenants as well, as firms look for cheaper, but still urban - orientated, markets that will offer fresh labor pools, but with lower operating costs.

In turn, the design team goes to work creating buildings and spaces that respond to the developer's vision and the market demand for extraordinary new amenities such as: large, lush and inviting public spaces equipped for community gatherings and socializing; concierge services and the spaces to accommodate them; fitness centers and yoga rooms; pools, spas and decks with barbecue equipment and party spaces; electronic lockers that notify tenants of package deliveries; high - end appliances; completely built - out, walk - in closets, including additional shoe storage space; and, increasingly, designated dog runs complete with dog wash rooms.

From an investment perspective, as big - box space continues to receive increased competition and record pricing, investors will shift their focus to multi-tenant industrial in order to generate higher yields and capitalize on the growing tenant demand in this sector.

New office designs being demanded by tenants include the following features, according to Neil King, senior vice president: building space with little to no private offices; interior offices with glass fronts; pantries designed to function as secondary conference rooms and smaller IT and reception areas.

Today's slower sales pace and weaker tenant demand have convinced more brokers that it's essential to get listings out on commercial information exchanges, as commercial listing sites add marketing services and more flexible pricing options.

General Growth is purchasing more urban properties as rents climb amid rising tenant demand for space in prominent shopping districts in major U.S. cities.