Boston Properties is currently looking to reduce the residential and retail footprint of Reston Next, and increase the office development, after the success of the first two office towers that became available in 2021, now being occupied by Fannie Mae and Volkswagen.

Management fees are at 8%, them what has made me worried is the "sign with us now with two properties instead of the one and I'll reduce management to 7% this week only".

However, I did it the old-fashioned way: increased earnings, reduced expenses, saved, and invested.

Transitioning to newer product is a great step in rebalancing the portfolio and reducing liability on cap ex issues.

Despite being able to lend on a variety of loan products, I filter it down to just one to reduce the amount of fluff like you mentioned.

Took him years to get the approval because of opposition from a neighborhood association that a lot adjacent to a residential area will reduce property values.As others have mentioned, if it's just a matter of getting loans, I rather shop around for banks that would do it.

David Valadao, who recently toured the facility, expressed strong support for the initiative, emphasizing its potential to reduce legacy emissions and protect local energy jobs.

Ensure the mortgage is manageable on your reduced income, and continue leveraging your mentor’s advice to find the right deal. 

If you can cluster another one in the area, you will reduce your management costs and keep your travel the same.

Clients like us because we reduce their risk and know what we are doing.