Commercial Landlords - what you should know

In today's commercial sector almost every metropolitan area nationwide is undergoing "net absorption."  In other words, vacancies are fast on the rise.

As additional leases run their course and as more businesses close their doors this trend will increase. Business that have laid off staff will no longer need as much space. This will continue a net absorption trend for years to come.

If you lose a tenant because you are unwilling to negotiate their lease in light of market trends, you will be more hard pressed then ever to replace that tenant and it is likely that you will carry a higher vacancy rate for a prolonged period.

It is therefore in your best interest as well to modify a lease! We provide factual local market data that demonstrates the current fair market rates which help struggling tenants stay in their existing space and helps landlords prevent vacancies.

If you are struggling with reduced NOI due to vacancies and slow pays, if you are concerned about plummeting property values and what you are paying on your commercial mortgage we can help you secure a Commercial Mortgage Modification.