Securing Rent Relief Going Forward
As businesses are being allowed to reopen albeit with some restrictions, if you as a business owner or leader of a business are starting to realize that such restrictions and the current trends since reopening have further altered your revenue forecast for the remainder of 2020 and beyond, consider having a or another discussion with your Landlord to discuss your commercial lease especially if your deferred rent is coming due. If you're not sure what to ask for or what strate
We Are Here For You
Helping Small-Mid size Businesses, Non-Profits, Restauranteurs and More Navigate the Short & Long Term Impacts of COVID on their businesses. From Tenant Advisory, Lease Restructuring, Occupancy Re-Assessment and More...WE ARE HERE FOR YOU. #dallasrestauranteurs #officespaceleasing #covid19dallas #covid19 #sbadisasterloan #sbafunding #PPPLoan #retailspaceforlease #leasingrestaurantspace #howtoleaseindustrialspace #leasingindustrialspace #leasingcommercialspace #leasingspace #w
City Of Plano earmarks $1.4 million in federal coronavirus relief funding for homelessness, small bu
The city of Plano on Monday is allocating about $200,000 in funding to help businesses with 15 or fewer employees with the stipulation that the employees must be retained and considered low- to moderate- income.
https://www.dallasnews.com/news/2020/05/12/plano-earmarks-14-million-in-federal-coronavirus-relief-funding-for-homelessness-small-businesses/ #dallasrestauranteurs #PaycheckProtectionProgram #EconomicInjuryDisasterLoanEmergencyAdvance #deferrentpayment #dentaloffice
$484 Billion Coronavirus Relief Package signed into law
The president just signed the $484 billion stimulus bill however according to banks most of that money will be gone in matter of days, however about $60 billion of the monies will be set aside for businesses that don't have an established banking relationship i.e. rural and minority-owned businesses and will be allocated to smaller banks and credit unions to lend out. So if you haven't applied, put your applications soon with participating community banks and/or credit unions
Another Commercial Lease Payment is Due May 1st....
For small business owners, non profits, and more.... May 1st is just around the corner which means another commercial lease payment will be due. So if: -You didn't receive any of the SBA relief funding or any local community funding -You didn't seek or agree to a longer short term rental payment relief plan -Your revised business plan hasn't gone according to plan to generate revenue -Or simply haven't spoken with your Landlord due to fear or a belief your cash reserves will
Dealing With COVID-19 Crisis as a Business Leasing Commercial Space
After listening to several discussions with LL, LL reps, attorneys, PM's over past several days, here are few take aways for business owners leasing space: If you were able to pay April's rent, you should, if you haven't already, start having an open & collaborative dialogue about rent relief & different relief structure. Some landlords are willing to offer relief but it won't be w/o something in return i.e. executing a renewal option early or adding months to your original t
"BEFORE U EXECUTE THAT COMMERCIAL LEASE" THURSDAYS:
BEFORE YOU EXECUTE YOUR COMMERCIAL LEASE MAKE SURE YOU HAVE CONSIDERED THE FUTURE POSSIBILITY OF SELLING YOUR BUSINESS PAY SPECIAL ATTENTION TO THE ASSIGNMENT CLAUSE IN YOUR LEASE AS THIS SECTION COULD INHIBIT YOUR ABILITY TO SELL YOUR BUSINESS AS YOUR LANDLORD MAY HAVE IMPOSED CERTAIN RESTRICTIONS THAT WILL AFFECT A SALE #officespacefortworth #nonprofitrepresentation #leasingspace #leasingcommercialrealestate #leasingdentalofficespace #warehousespaceforlease #retailspaceforl
Be Informed Tuesdays: Commercial Real Estate Leasing Tips for Small & Midsize Businesses | Fast
WHAT IS A RESTORATION CLAUSE? A Restoration Clause, also known as a Make Good Clause, legally obligates Tenants, at the Landlord’s Request, to restore their leased commercial space back to its original condition before the Tenant possessed it upon the expiration of their lease. This type of clause can be a very costly parting gift from your Landlord if you’re unaware of this financial obligation as highly customized commercial spaces in most cases doesn’t have a wide market a
"BEFORE U EXECUTE THAT COMMERCIAL LEASE" THURSDAYS:
Before you execute your commercial lease, make sure all your necessary terms and conditions that are important to your business are clearly defined in your commercial lease. As any undefined and ambiguous terms will lead to future disputes between you and your landlord resulting in costly legal action to determine who is right. Don't leave it to chance. #officespacefortworth #officespacedallas #leasingtips #leasingspace #leasingcommercialrealestate #leasingdentalofficespace #
Be Informed Tuesdays: Commercial Real Estate Leasing Tips for Small & Midsize Businesses | Fast
#leasingspace #leasingcommercialrealestate #leasingdentalofficespace #leasingretailspace #warehousespaceforlease #retailspaceforlease #howtoleaseofficespace #leasingspacefortworth #leasingcommercialspace #leasingofficespace #leasingrestaurantspace #howtoleaseindustrialspace #leasingindustrialspace #officespaceforlease #leasingmedicalspace #leasingspacedallas #officespaceleasing #singletenantnetleaseinvestments #leasingtips #officespacefortworth #officespacedallas #nonprofitre
