Landlords demand financial data when tenants appeal for rent cuts

03/13/2009 | GlobeSt.com

When retail tenants in financial difficulty go to property owners asking to have their rents reduced, they should be ready to supply solid financial data, including financial statements and projections of future cash flows, say real estate lawyers and REIT executives. In most cases, a rent cut isn't going be enough to save a business in serious trouble, they say.

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