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“I’m waiting for …” What? Why? Don’t wait! Do something!

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I saw the post below online this morning and it reminded me of one of those "lessons learned." As a young associate I once started a response to a senior attorney (who wanted an update on the status of an important matter) with "I'm waiting for ...." That's far as I got! "Why? Why are you waiting? Pick up the phone and call him. Get it done. GO." Whoa. My first reaction was "What a jerk!" And, frankly, he was. THEN, however, I realized the reason I was waiting was because I was intimidated at the prospect of calling the attorney on the other side. I was stalling because of my own insecurity. And there was no reason for it! He'd made his point. Lesson learned: Whenever you find yourself starting a sentence with "I'm waiting for ...," take a second and think about whether you should be waiting for anything at all or whether, instead, … Continue reading...

Good News Keeps Coming …

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Wow. I think the (seemingly mythical) "turnaround" in the commercial real estate market is actually going to stick this time! After many years of up and down and sideways market conditions, GOOD news about the Orlando/Orange County/Central Florida commercial real estate market is being consistently observed and reported. For example, see this article entitled "9 things that may surprise you about Orange County real estate" by Anjali Fluker, writer for the Orlando Business Journal. Local market indicators are the best they've been in at least 5 years, new construction and new commercial activity is booming throughout the area (have you seen the construction (and traffic) on International Drive lately? It's insane!) and deals are being made! Here in Winter Park things are very active along the 17-92/Lee Road/Denning Drive corridors, which I … Continue reading...

Too Busy To Blog! But that’s no excuse …

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Sorry for my absence, lately! I understand now what marketing professionals mean when they tell me that the key to a successful blog is consistency, as in consistently providing new, meaningful content on a regular basis. Trust me, it's a really hard thing to do, especially if you demand to personally write all of your own material, as I do. If I don't write it myself I just don't "feel" it, it's not "me", and that's not the type of blog I want mine to be. Unfortunately, the result is that I sometimes fall into the predictable pattern of many bloggers, which goes like this: (1) I find myself not as busy as I'd like to be or I'm busy with pretty mundane or unprofitable work; (2) I write articles to fill in any time gaps I may have, hoping to build business and find meaningful, profitable work; (3) I get busier with good work and feel … Continue reading...

Considering a sublease? LOOK BOTH WAYS!

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I recently assisted a client that is a commercial tenant with extra square footage by reviewing a proposed sublease of the extra space to a prospective subtenant. It was a good opportunity to once again think about the best way to structure such an arrangement and the risks involved, particularly for the tenant (my client) that will now be "sandwiched" between their landlord under their own master lease and their subtenant under their new sublease. Most importantly, it reminded me that in these situations the tenant must LOOK BOTH WAYS before stepping out into "Sublease Street" because now they are taking on risk in both directions, "left" as tenant under the master lease and "right" as sub-landlord under the new sublease. In these situations, it is very important to review both the master lease, to ensure that subletting is permitted … Continue reading...

How Do You Define Confidence? Here’s One Way …

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Saw this on the internet the other day and it rang true to me. For me, one way of defining confidence as an attorney is being able to respond to a client’s question by admitting, without any shame, “I don’t know … ” but being able to ‘confidently’ add “however, I can get that answer for you.” I recall an […]

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LLCs: GOT ONE? NEED ONE? LOANING MONEY TO ONE? Pay attention to these new rules!

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The new Florida Revised Limited Liability Company Act (the “New Act”) became effective January 1, 2014. If you have an existing LLC, are forming a new LLC or, for you commercial lenders out there, are loaning money to an LLC, you should pay attention to the changes that have been implemented. Why bother with a New Act? Theoretically, […]

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Two Words On “Attitude” …

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Captain Jack Sparrow, channeling Charles R. Swindoll … The longer I live, the more I realize the impact of attitude on life. Attitude, to me, is more important than facts. It is more important than the past, than education, than money, than circumstances, than failure, than successes, than what other people think or say or do. It is […]

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Confused By Documentary Stamp Tax and Intangibles Tax? Everyone Else Is, Too!

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Last week I attended a Continuing Legal Education (CLE) seminar on Florida’s documentary stamp tax and non-recurring intangibles tax and I left feeling as though I knew less about about them than when I walked in. Now, of course, that’s not entirely true – a lot of good information was conveyed and I did learn things I […]

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SHOW ME … I mean … WIRE ME THE MONEY!!

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I exchanged emails today with another real estate attorney and was amused when I saw this statement as part of her email signature in bold, red letters: DO NOT DELAY YOUR CLOSING: Due to recent changes in the real estate industry, we can only accept wire transfers. Cashier’s checks do not immediately clear and are […]

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Permit Me! Increased Construction Permits Send A Positive Signal!

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As reported in Orlando Business Journal, Orlando-area construction permit values are up 47% over the prior year, which is a clear indicator that home builders and commercial developers are looking toward increased growth and a more robust economy in 2014. Advance planning and accurate forecasting are critical components for success in the commercial real estate […]

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