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December 2017 Archives

Receiving just compensation for a taking under eminent domain

The Fifth Amendment to the United States Constitution allows the government to take private property and convert it for public use, but they must provide just compensation to the property owner. This process of government acquisition of private property is referred to as eminent domain. The property that is the subject of the taking is known as the condemned property.

Finding success in a new trend for commercial real estate

Most people are familiar with traditional hotels and high-rise luxury apartment complexes dominating the landscape, particularly in urban areas. But these types of large commercial properties can saturate a market when the supply outweighs the demand for this type of commercial lease. These commercial properties often cannot adapt fast enough to the changing markets. Now, though, there is a lesser-known commercial property finding much success in these markets.

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