Bernstein & Feldman, P.A.

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30 Years

November 2016 Archives

How drone use may affect commercial real estate

Experts on robotics say that the drone revolution is coming to Maryland, and it will bring both enormous benefits and serious legal conundrums. The number of drones in the skies over the state is expected to grow dramatically in the next few years. Drones will be delivering packages, monitoring traffic, helping to respond to emergencies, assisting with construction crews and handling other tasks as well. Unfortunately, there is no way to predict precisely what usage American citizens will begin to make of their sky, and this requires serious thought from the legal point of view.

Small business succession planning 101

You have put so much into your business to get it to this point, and now that you have found success, you worry about the future. Who will run things when you retire? Succession planning is often difficult to think about, as the implications can be scary, but it is one of the most important decisions to make for any business owner. Before you write it off as another perpetual "to do" item, consider some of the reasons it's so important to plan ahead.

Interval funds offer investors expanded opportunities

Interval funds are a form of a mutual fund that grant individual investors in Maryland and elsewhere access to real estate investments normally only available to institutions. Their low minimum investment allow people to seek the potentially lucrative returns associated with commercial real estate credit, private real estate debt and private equity.

Commercial real estate markets may show steady growth

Maryland commercial real estate investors and developers may be interested in the opinions of 51 experts who say that the U.S. market will remain strong over the next three years although there will be some changes. The survey, which was conducted by the Urban Land Institute Center for Capital Markets and Real Estate, found that respondents predicted that vacancy rates would continue to drop. The vacancy rate for apartments is already close to its historic low, and it is expected to remain near there. Office, retail and industrial sectors should see even fewer vacancies. Job growth is a significant factory in the drop in vacancy and rise in rent prices.