10/21/2019
Corporate Real Estate Solutions specializes in helping not profit organizations (social services, medical, educational, ect.) find cost-effective solutions for their office space needs.
One increasingly popular solution is to consider purchasing your office rather than leasing.Commercial condominiums, many of which cater to not-for-profits, are especially attractive for several reasons:
• Real estate tax exemption. Whether you realize it or not, when you lease a significant portion of your rent bill (can BE up to 1/3 or more) goes towards paying the building’s real estate taxes. As an eligible tax exempt organization, you are exempt from paying property taxes
• Budgetary certainty. When you own versus leasing you are protected against the uncertainties of future rent increases
• No need for building approval. You may use the space any way you see fit, including making alterations and subletting space without cumbersome and time-consuming landlord permission
• Equity. If you make regular mortgage or loan payments, or the property increases in value, your organization builds up equity
• Special purchase financing. Your organization may be eligible for special financing. Ask us how.
• A furnished office solution. Our sister company, The furnished Office Inc., can provide you with a cost-effective solution for all your office furnishings (desk, chairs, filing systems, reception room furniture, conference table, ect)
• We give back to the community. Ask us how we can help your non-for-profit organization.