There’s a new kind of broker in town. Middlemen companies are emerging to broker buyout deals between landlords and rent-stabilized tenants, according to a new report from Gothamist. Lease Buyout Advisors and Metro Tenant Advisors are two companies offering to negotiate buyouts, and both say they don’t charge upfront fees. Instead, they charge commissions of between 15 and 18 percent for closed buyouts. While that’s more than double the typical 6 percent charged by a […]
source https://therealdeal.com/2019/03/29/these-middlemen-want-to-negotiate-tenant-buyouts-for-a-commission/
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