A construction defect claim can be both expensive and damaging for a contractor's or construction company's reputation. Once the case goes to court, everything that either party discusses could potentially become part of the public record. Litigation can be a very...
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Commercial Real Estate
Construction defects can create catastrophe
On Behalf of Long & Robinson, LLC | May 15, 2023 | Construction Defects
Not all construction projects go smoothly. Many have various "bumps" in their respective "roads. Minor defects are not as dangerous and relatively easy to fix. However, more severe problems, particularly those discovered after completion of work. Companies facing...
The construction warranties that don’t appear in the contract
On Behalf of Long & Robinson, LLC | Feb 17, 2022 | Construction Defects
The terms of a contract between a contractor and property owner can be numerous and complex. But a construction contract can go beyond what is written on the document, thanks to Missouri's implied construction warranties. There are two types of warranties: express and...
The importance of preapproval in commercial property deals
On Behalf of Long & Robinson, LLC | Aug 2, 2018 | Commercial Real Estate
Only 30 percent of commercial real estate purchases around the country are made in cash according to the 2017 Commercial Real Estate Lending Trends Survey. As a general rule, it is important that buyers have financing in place before making an offer on a Missouri...
Sources of commercial real estate loans
On Behalf of Long & Robinson, LLC | Jul 19, 2018 | Commercial Real Estate
Missouri residents who want to open a small business have several options when it comes to obtaining financing to buy a commercial property. However, it's important that an entrepreneur knows where to look for commercial real estate loans and how to improve their...
American market ripe for foreign investment
On Behalf of Long & Robinson, LLC | Jun 6, 2018 | Commercial Real Estate
Missouri residents may have heard about a potential trade war that could bring negative consequences. However, the United States is still a preferred market for many foreign investors. In fact, foreign countries directly invested $450 billion in the United States in...
Investing in industrial real estate
On Behalf of Long & Robinson, LLC | May 25, 2018 | Commercial Real Estate
Investment in industrial real estate, especially warehouses, is at its highest level in more than a decade. The sector is doing well in a world where consumers expect delivery of goods faster, which requires large facilities in dense urban environments. Since...
Ecommerce starting to push rent down for retail space
On Behalf of Long & Robinson, LLC | May 3, 2018 | Commercial Real Estate
Online shopping has put convenience and huge selections at the fingertips of people in Missouri. Nationwide, competitive pressure from online retailers has forced many retail companies to go under, like the recent closures of Toys "R" Us stores. With increasing...
Companies looking stronger in 2018
On Behalf of Long & Robinson, LLC | Apr 26, 2018 | Commercial Real Estate
In the first quarter of 2018, 35.2 percent of small businesses reported being able to secure financing from a bank. This compares to just 32.2 percent in the first quarter of 2017. Furthermore, 25.4 percent of small businesses said that they could get asset-based...
Choosing the right commercial property investment
On Behalf of Long & Robinson, LLC | Apr 10, 2018 | Commercial Real Estate
Commercial real estate can be a rewarding investment for many in Missouri, especially those who wish to profit from a passive investment in the market. While investing in commercial real estate is far different than dealing with traditional securities, it can be a...
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