The lease should say who insures the building
Exclusive BX Reserve reporting on a lease insurance clause: the figure, the condition, and the order sentence.
Holdings
Phase one is a start, not a clean bill
Exclusive BX Reserve reporting on a phase-one environmental report: the figure, the condition, and the order sentence.
A lease guaranty is only as useful as the guarantor you can reach
Exclusive BX Reserve reporting on a corporate lease guaranty: the figure, the condition, and the order sentence.
CAM reconciliation is where the recovery leaks
Exclusive BX Reserve reporting on a common-area maintenance reconciliation: the figure, the condition, and the order sentence.
An estoppel is the tenant speaking before you buy
Exclusive BX Reserve reporting on a tenant estoppel: the figure, the condition, and the order sentence.
Percentage rent needs a definition of sales
Exclusive BX Reserve reporting on a percentage-rent clause: the figure, the condition, and the order sentence.
Debt yield is the lender’s quiet covenant
Exclusive BX Reserve reporting on a commercial mortgage term sheet: the figure, the condition, and the order sentence.
A ground lease ends, and the building can go with it
Exclusive BX Reserve reporting on a ground lease: the figure, the condition, and the order sentence.
A tenant-improvement allowance is a loan that looks like a gift
Exclusive BX Reserve reporting on a tenant-improvement allowance: the figure, the condition, and the order sentence.
A cap rate is not the cash you can spend
Exclusive BX Reserve reporting on a going-in cap rate: the figure, the condition, and the order sentence.