CXRE » Property management

How to Sublease Your Unused Office Space in Texas

The COVID-19 pandemic disrupted typical American life in almost every way. Businesses have felt the severe blow of this impact, from drastic sales losses to massive layoffs. Yet business owners still face office space rental leases. Many are wondering how they can pay on these leases without going broke. Here, we look at ways to sublease your unused office space to help you mitigate the financial impacts of the Coronavirus shutdown. If your office space rental agreement allows you to sublease, you can rent out unused portions of your office to other businesses looking to downsize. Subleasing is an excellent option to help alleviate your business’s financial strain. As earning plummet in the face of the pandemic, many companies are looking to subleasing to pay the bills. The Work-From-Home Shift As COVID-19 took hold across America in early 2020, many businesses shut down. Some laid off large swaths of their workforce. Even as many return […]

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Fair Housing Act and ADA Regulations in Texas

For building owners, property managers, real estate agents, or other real estate professionals in Texas, knowing and complying with Fair Housing regulations and the Americans with Disabilities Act is crucial. Depending on the location of your property, your role in leasing or sales, and the age of the property, you are subject to federal, state, and local fair housing and ADA laws. Here, we are outlining the federal Fair Housing Act and the Americans with Disabilities Act. Also, we explore Texas accessibility standards and Texas fair housing requirements. It’s important to note that some jurisdictions in Texas have additional protections for marginalized groups not covered by federal and state protections. Knowing, understanding, and following these fair housing and accessibility laws is crucial to your success as a real estate professional. Failure to comply with these regulations could result in expensive fees and fines, or potential litigation. The Federal Fair Housing Act In 1968, Congress passed […]

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10 Commercial Real Estate Investing Mistakes (And How to Avoid Them)

Commercial real estate investing has long been a dependable wealth-building tool. Over time, CRE investments tend to perform the same as – or better than – stock market investments. Plus, real estate is often less volatile and less prone to dramatic fluctuations. However, just as with any investment, commercial real estate comes with inherent risks. Mitigating these risks comes down to knowing the most common mistakes and understanding how to avoid them. 10 Common Commercial Real Estate Investing Mistakes (And How to Avoid Them) There is no right or wrong investment, but there is a right and wrong investment property for you. 1. Choosing the Wrong Property Type There are many types of commercial real estate, but the four “main food groups” are Office, Industrial, Retail, and Multifamily. Investors can also purchase raw land, mixed-use properties, special use properties, even storage units and RV parks. Each property type is unique – not only in its […]

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How Banks Can Benefit from REO Commercial Property Management

As the Coronavirus continues to take a toll on the global economy, many commercial real estate property owners and commercial property management companies are experiencing significant financial hardship. With millions of Americans out of work, tenants are unable to pay rent. As a result, property owners face the possibility of missed mortgage payments, bankruptcy, or foreclosure. At CXRE, we are working closely with banks and other lenders to effectively manage acquired properties, dispose of relinquished assets, and ensure financial stability in the commercial real estate arena. Here, we’re examining ways for banks and lenders to manage and offload newly acquired relinquished properties. However, as more property owners relinquish their commercial real estate, they become the responsibility and liability of financial institutions and lenders. With the potential for an influx of foreclosed CRE properties, how can banks effectively manage these properties without becoming insolvent themselves? How Coronavirus is Impacting Commercial Real Estate The COVID-19 virus (also […]

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How to Choose a Commercial Property That Fits Your Needs

Investors have long looked to commercial real estate to build wealth. However, entering the CRE market can be confusing if you don’t know how to start. There are many factors to consider when searching for a CRE property that meets your needs. Where will you find a property? Is the commercial property in a prime location? What is the expected cash flow? And what will renovations or repairs cost? Finding the ideal commercial real estate investment opportunity can be challenging. Here at CXRE, we want to help guide you towards a CRE investment that meets your needs. Below, you’ll find information to help you determine which commercial real estate property is best for you. As always, we are here to help. If you want more information about investing, property management, or property valuation, please contact us. One of our commercial real estate professionals would be happy to answer any questions you might have. Why Choose […]

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