COVID Creates Chaos With CRE!

COVID Creates Chaos With CRE!

The Pittsburgh Commercial Real Estate (CRE) market has changed quite a bit! The number one defining factor? COVID-19. COVID has shut down buildings, hotels, companies, restaurants, coffee shops – you name it and it’s been affected. Like many other cities across the United States, Pittsburgh’s central business district (CBD) has been the hardest hit. Subleases…

Do options in a lease benefit the landlord or tenant?

Do options in a lease benefit the landlord or tenant?

Lease Options Options in a lease are beneficial to either the Landlord or the Tenant. Landlords want to provide the Tenant with as few options as possible to securitize the lease as strongly as possible. Many Landlords use their rent roll to securitize a refinance or sale. For instance, if a tenant has an option…