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Rent Relief Alternatives in a Time of Crisis

April 3, 2020 CGS3 Commercial Leasing

The number of tenants seeking rent relief will undoubtedly continue rise in the coming months, especially as retail traffic continues to skydive nationwide amid the COVID-19 pandemic. Real estate experts say landlords are confronting a surge of potential tenant defaults and must take precautions to ensure a swift rebound of operations once the current health crisis is over.

In a recent Q&A with GlobeSt, CGS3 partner Sean Southardoffers some expert recommendations to landlords who want effective rent relief strategies – including considerations for preserving positive tenant relationships.

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