Daily Archives: December 28, 2023

STRATEGIC GUIDE TO INVESTING IN MEDICAL BUILDING REAL ESTATE.

The future of medical offices is likewise very promising. The aging of the Baby Boomer generation and an increase in insurance coverage among Americans are two reasons driving the ongoing need for medical office space. Sadly, given the dearth of new MOB development that is scheduled or in the works, this has resulted in a…

WHAT IS RATIO UTILITY BILLING SYSTEM(RUBS) IN COMMERCIAL REAL ESTATE?

When individual meters are not available, a Ratio Utility Billing System (RUBS) is used to allocate the cost of utilities in a multifamily or commercial building to tenants. To estimate each tenant’s portion of the utility expenditures, RUBS considers a variety of parameters, including the square footage of each unit, the number of occupants, and…