IN THE WORKS

Multi-unit operators understand the complexity of keeping licenses and permits current. Each location has multiple licenses across different jurisdictions. It takes an...

The process of obtaining landlord consents across entire lease portfolios is notoriously complex. Mail merges, ongoing correspondence with landlords, and other minute tasks demand meticulous time and attention for the refinancing to close. Whether it’s whole business securitization or an acquisition, business operators require a dedicated team to guide them through the maze of administrative and technical requirements.

The twenty-first-century Commercial Real Estate (CRE) firm has evolved beyond the traditional approach to lease management. Requirements on both the client and broker side have made relying on individual spreadsheets not only outdated, but a liability.

As a multi-unit retail operator, it can be challenging to keep up with every aspect of your properties’ data. Hence the importance of a streamlined lease-management...

When it comes to being a multi-unit business operator, keeping tabs on data for every property can seem like an uphill battle. The problem is made worse by relying on rigid spreadsheets which are not shared between departments.

Covid-19 impacted each facet of everyday life, including rent management. As the pandemic raged, business operators across the country struggled with managing the sheer volume of new lease agreements after abatements and deferrals had been agreed upon.

A new lease accounting standard—namely, Accounting Standards Codification (ASC) 842—has made significant changes to accounting practices for operating leases, causing major frustration for large and small companies alike.

COVID Related Tool Helps Multi-Unit Tenants Keep Payments Organized During Pandemic Property Works, an industry leader in real-estate and lease-portfolio management,...

Across the nation, businesses both large and small have struggled to keep their doors open during the uncertainty of the COVID-19 pandemic. Unfortunately, such hardships have created tension between commercial tenants and their landlords. The question has become, how do tenants move forward with their commercial leases in these uncertain times? While many businesses have gone fully remote, such an option is not feasible for restaurants and retailers. In many cases the answer for these businesses is renegotiating their leases, which helps cut significant costs in a time when every cent matters.

Prior to refinancing, your landlord’s lender may require that you sign an SNDA, which stands for Subordination, Non-Disturbance and Attornment agreement. Once signed, you will be bound to the terms within it should the landlord’s lender become your landlord, so it’s important to know the facts. A few of our most commonly asked questions about SNDAs are listed below.