Hello All, I'd greatly appreciate your chiming in on the existing portfolio management from the site visit perspective. We've seen various models over the years and are creating a more efficient process for one credit team. However, it is always ...
We'd typically review the actual lease agreement, as NNN is not automatically by the book NNN. There could be some exclusions. Typically, we'd consider management fee and replacement reserves depending on the details of the lease, new or existing, remaining ...
Assuming a single tenancy building with a "credit" tenant (define as you will) that is responsible for taxes, insurance, and all utilities - and depending on a reading of the lease terms (really important as some may have expense stops, etc.) - I generally ...
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