Are you looking to purchase a commercial property in Louisville? If so, this is a serious investment you are making for yourself, your business or your family. Buying commercial property costs more than buying residential property. It is a more complex contract and...
A History Of Growing Trust In Kentucky
commercial real estate
The benefits of owning commercial real estate in Kentucky
Have you ever wanted to own a piece of commercial real estate in Kentucky? Are you getting closer to pulling the trigger on such a purchase? Commercial real estate has plenty of advantages. Let's take a look at the benefits of owning a piece of commercial real estate...
How to draft a purchase agreement
The purchase agreement is one of the most important documents you will create when buying a commercial property in Louisville. This agreement is so important that one tiny mistake could nix the deal in a heartbeat. Make sure you know how to write a purchase agreement...
Commercial lender funds Kentucky health care facilities purchase
As more baby boomers enter their senior years, the demand for senior living communities as well as skilled nursing and memory care facilities is growing. Baby boomers are the largest group ever to enter their senior years together. A Pew Research study estimates that...
‘Opportunity zones’ seek to bring new life to distressed areas
City and state officials are working to turn run-down, low-income sections of downtown Louisville into thriving business districts. They want to encourage long-term investment in these areas. This involves creating "opportunity zones." By designating areas as...
Easements may complicate your real estate deal
Whenever you consider leasing or buying a property, it is always important to understand any easements that another party may hold. In simple terms, an affirmative easement is a right to use a piece of property in a certain way, and a negative easement is a...
Zoning restrictions can complicate commercial leases
Searching for the ideal location for your next commercial venture can be both exciting and infuriating, depending on your needs and the properties available in your area. Unfortunately, commercial property is often located in areas with specific restrictions on what...
Always look at zoning before you sign a commercial lease
Leasing a space for a commercial venture is only one aspect of an enormously complex process -- one where many things can go wrong before you even open the door for business. One of the most common complications that businesses run into with commercial leases is the...
Negotiate renovations carefully in a commercial lease
When it comes to commercial leases, the good news is that most of the terms are negotiable. However, the more difficult news is that certain issues require careful negotiation if you hope to avoid fines or legal repercussions. This is particularly true when it comes...