Landlords

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by a searcher from University of California, Los Angeles - UCLA Anderson School of Management
in Santa Monica, CA, USA

1w ago

Landlords

For companies with leases that are critical how have you worked with landlords and property managers for whom your business is an afterthought. I have had issues getting landlords to even consider amending leases.

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reply by an intermediary 1w ago
from University of Virginia in Metuchen, NJ 08840, USA

Landlords are key stakeholders and can often derail a deal if not handled carefully and with some preparation. Lease modifications will only work if the landlord sees a real benefit for them. Often, the landlord has their own limitations, hurdle rates, and return expectations from their investors, and will ask the buyer to prove their creditworthiness and operational credentials, provide several months of deposit, and offer a personal guarantee to cover the risk posed by a first-time business owner.

reply by a searcher 1w ago
from The Tulane University of New Orleans in New Orleans, LA, USA

@redacted‌, talk to the landlords about your vision and your commitment to staying in said location. Recommendation: If you get the cold shoulder, mirror it back.