Property Tax Appeals: The Impact on Government, Landlord, and Tenants
November 22, 2009
Over 1,000 San Francisco property owners have filed petitions with the City of San Francisco to have their property taxes reduced. The same is for virtually every other city as property prices have fell dramatically. Jose Guevara is property manager for Crocker Galleria, which has requested a 62 percent reduction in its assessed value, from [...]
Read More >>Tenant Concerns About Landlords Sweeping The Market
March 13, 2009
About a week ago we wrote a post on tenant’s increasingly becoming concerned with the financial condition of their landlords. The SF Business Times today featured an article covering that very same topic. The article touched on non-disturbance agreements, as well as tenants seeking to have landlords put Tenant Improvmenet money in escrow accounts to [...]
Read More >>Tenants Concerned About Landlord Financials
March 4, 2009
The NYT had an article yesterday about tenants scrutinizing landlord’s financials as a precaution against the property owners getting into financial trouble or losing the building to the lender. We’ve discussed in extensive detail over the past year how deteriorating commercial rents, and an increasingly difficult (or impossible for many) lending environment is putting unprecedented [...]
Read More >>When To Exercise a Lease Option
September 7, 2007
Lease options come in many flavors; a tenant can have an option to renew, an option to expand, an option to terminate, or an option to purchase just to name some of the more common options which are negotiated into deals. Options also exist as first rights to negotiate or first rights of refusal. For the [...]
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