118. Commercial Real Estate Leases - Renegotiation | Restaurant Recovery Series
Jun 30, 2020 ·
23m 28s
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
Companies are trying to renegotiate their office and retail leases — and in some cases refusing to pay. Landlords say strong companies are taking advantage of the crisis to try...
show more
Companies are trying to renegotiate their office and retail leases — and in some cases refusing to pay. Landlords say strong companies are taking advantage of the crisis to try to get better deals. Simon Property Group, the biggest mall operator in the United States, this week sued Gap, the owner of retail chains that include Old Navy and Banana Republic, for nearly $66 million in unpaid rent for April, May and June. Landlords for hotels and retail space have been hit hardest by the virus and have begun to fall behind on the loans used to acquire or build properties.
Guest: Andrew Horowitz is the President and Founder of Horowitz & Company, a Registered Investment Advisor. He is also the host of The Disciplined Investor Podcast.
The Disciplined Investor Podcast ➜ https://t2m.io/DisciplinedInvestor
show less
Guest: Andrew Horowitz is the President and Founder of Horowitz & Company, a Registered Investment Advisor. He is also the host of The Disciplined Investor Podcast.
The Disciplined Investor Podcast ➜ https://t2m.io/DisciplinedInvestor
Information
Copyright 2024 - Spreaker Inc. an iHeartMedia Company