Can Lessor demand financial statements from Lessee under the AIR CRE Leases? In light of COVID-19 closures, many Lessees are requesting rent relief from their Lessors, in the form of deferral or abatement. Lessors are more curious than ever to understand the financial situation of Lessees. In most cases request of financial statements are only in connection with a sale, finance, or refinance by...
As we all navigate during this difficult time, I am continually trying to find the best ways to assist my clients. I would like to share some of the most effective ways I have been able to assist past clients to be better prepared for the unknown. This week I will be featuring “Sale-Leasebacks”. One of the ways companies raise funds, increase earnings and enhance liquidity is by freeing capital...
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