Updated 4 days ago on .
Enhanced Commercial Lease Negotiation
Investment Info:
Other commercial investment investment.
Renegotiated lease. Schedule of Lease Payments much greater without risk of participation.
What made you interested in investing in this type of deal?
Long term hold. Excellent Cash Flow from Investment Grade Tenant
How did you find this deal and how did you negotiate it?
Sold operating company. Retained Real Estate. Current Tenant wants to buy property. Enhanced lease met our goals and fit tenants plans for near term.
How did you finance this deal?
N/A.
How did you add value to the deal?
Property has strategic value and cannot be duplicated in the market. Purchase offer was not satisfactory so an enhanced Lease met financial goals for each party.
What was the outcome?
Excellent income. Property will become more valuable over time.
Lessons learned? Challenges?
Patience and constant communications kept deal moving forward.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Michael McFarland Managing Broker of RRRESI Real Estate provided great insight and advice. His background as a Commercial Banker and Real Estate experience was valuable in all aspects.