Unlike traditional mortgages that are secured by the property in question, mezzanine loans are backed up by your business. A foreclosure doesn’t just mean losing the property. It could mean losing a percentage of your business. Unfortunately, mezzanine lenders tend to...
Dealing with your commercial tenants in the current tough time
The current health situation and other issues gripping the nation have impacted landlords of commercial real estate in Texas and across the U.S. Running any kind of business can be difficult, but when circumstances arise beyond the control of the business owner,...
As rents collapse, commercial landlords work to renegotiate
To survive the worst economic downturn since the Great Depression, companies in the Metroplex and all across America are trying to renegotiate their leases. Some are flat-out refusing to pay. Many simply cannot afford to pay. Others have to lower their overhead to...
Undisclosed defect on your commercial property? Get help.
If you have rented a commercial property, you have certain rights. If the landlord failed to disclose a condition on the property that makes it unsuitable or substantially impairs your ability to use the property, you may have a remedy under the Texas Deceptive...
When circumstances have changed and you can’t pay your commercial real estate landlord
For most businesses, rent is expense. If your company has been closed to prevent the spread of COVID-19, you may no longer be able to make rent payments. Does this mean the end of your business? Not necessarily. Commercial leases are contracts, and under the right...
Commercial debt restructuring can help in challenging times
It probably goes without saying that the health crisis we have witnessed for the past few months is an unprecedented challenge with which businesses need to cope and eventually overcome. With commercial activities slowing down, in Texas and across the world, many...
Behind on your commercial property loan? Consider a loan workout.
If you’re using what should be your operating capital to pay down a commercial real estate loan, you may be concerned that you are facing foreclosure or even bankruptcy. But there are ways to resolve a commercial property loan outside of foreclosure or bankruptcy....
Commercial landlords and tenants may revisit their contract
Few would argue this is the best of times for many commercial property owners and their tenants. Some Texas tenants unable to pay on time might suddenly get locked out of their shop. But then again, many tenants with a strong online presence are starting to wonder why...
Information to provide in a commercial lease
When a business owner looks to rent space from you, it is an important business transaction for both of you. The lease you design should be fair for everyone. It is important that you do not make the lease too restrictive or make too many demands in the lease that...
Property lines: how do I find them?
Property lines ensure that your real estate properties are protected. Typically, property lines are marked. This allows homeowners to make improvements to their property. Knowing where your property ends can save you a headache later. When building a fence or another...
