Retail bankruptcy filings have skyrocketed in recent months, with a key benefit being the ability to exit a pricey, multi-year lease. But that perk, which some companies deploy to get out of dealing with individual landlords for each property, is putting a strain on landlords and the overall market, according to Bloomberg. “If this becomes a tsunami of retailers rejecting their leases, it’s going to trigger another part of the sea-change — the mortgages held
source https://therealdeal.com/2020/08/07/retailers-rejecting-leases-amid-bankruptcy-could-bring-tsunami-for-landlords/
No comments:
Post a Comment