Justin Leach-Waller
Justin Leach-Waller: New Economy, New Worries: Protecting Leased Facilities from Foreclosure
By Justin Leach-Waller Without a doubt, the new economy is bringing about new concerns. This is especially true for tenants who are investing heavily in upfit to their premises or for tenants whose facility locations are critical to their supply chain or other operational needs. All tenants, but particularly those in the aforementioned situations, should take a few steps to protect themselves against the effects of an increasingly prevalent occurrence in today’s market: a foreclosure. Here are the steps I’d suggest: Know the owner and understand the capital stack. In the ordinary course of business, tenants sometimes fail to…


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