Landlord–tenant law

Qingke Announces Management Change

Retrieved on: 
Wednesday, May 6, 2020
Law, Landlord–tenant law, Real property law, Apartment, Lease, Landlord, Property management, Business, Private law

Q&K International Group Limited (NASDAQ: QK) is a leading technology-driven long-term apartment rental platform in China.

Key Points: 
  • Q&K International Group Limited (NASDAQ: QK) is a leading technology-driven long-term apartment rental platform in China.
  • Qingke signs long-term leases with individual landlords in different locations in relatively inexpensive yet convenient locations and manages them centrally, leveraging its advanced IT and mobile technologies.
  • Technology is the core of Qingkes business and is applied to every step of its operational process from apartment sourcing, renovation, and tenant acquisition, to property management.
  • The focus on technology enables Qingke to operate a large, dispersed, and fast-growing portfolio of apartments with high operational efficiency and deliver a superior user experience.

Housing is A Human Right Protesters to Eviction Attorney Dennis Block: Shame on You

Retrieved on: 
Tuesday, May 5, 2020
Public policy, Government, Residential Building & Real Estate, Construction & Property, State, Local, Articles, Businesspeople, People from California, Landlord–tenant law, Mayors of San Francisco, Coronaviridae, Eviction, Forced migration, Gavin Newsom, Pandemic, Coronavirus, The Californians

Gavin Newsom to contain the spread of the coronavirus has left millions of Californians unable to work and facing housing insecurity like never before.

Key Points: 
  • Gavin Newsom to contain the spread of the coronavirus has left millions of Californians unable to work and facing housing insecurity like never before.
  • Despite calls from city and state leaders encouraging us to all band together during the pandemic, notorious eviction attorney Dennis Block continues his divisive ways.
  • During this global pandemic, with millions of Californians out of work, we need togetherness, not selfishness, said Housing Is A Human Right Director Ren Christian Moya.
  • Housing is A Human Right activists previously warned of the audacious greed and vindictive exploits of Dennis Block in a piece published last October that highlighted how the notorious eviction attorney boasted to have evicted more tenants than any other human being on the planet Earth.

Colliers Canada report reveals one in five Canadian commercial tenants requested rent relief for April

Retrieved on: 
Friday, May 1, 2020
Economy, Finance, Real property law, Money, Landlord–tenant law, Land tenure, Leasing, Affordable housing, Leasehold estate, Costa–Hawkins Rental Housing Act, Rent-A-Center

The Rent Relief Requests: Key Drivers and Owner Recommendations report surveyed commercial tenants across Canada and revealed four key drivers of rent relief requests:

Key Points: 
  • The Rent Relief Requests: Key Drivers and Owner Recommendations report surveyed commercial tenants across Canada and revealed four key drivers of rent relief requests:
    Tenants whose businesses were completely closed were 3.4 times more likely to request rent relief than tenants who were partially open, open remotely, or open.
  • Small business tenants were 2.7 times more likely to request rent relief than regional, national or international tenants.
  • Retail tenants were 2.3 times more likely to request rent relief than office and industrial tenants.
  • On April 24, the Government of Canada announced the Canada Emergency Commercial Rent Assistance (CECRA) for small businesses.

COPT Executes Agreement with New 3.1 MW User at DC-6

Retrieved on: 
Thursday, April 30, 2020
Commercial Building & Real Estate, Construction & Property, REIT, Contract law, Landlord–tenant law, Law, Business law, Lease, Property law, Real estate investment trust, OFC, Private law, Business

Corporate Office Properties Trust (COPT or the Company) (NYSE: OFC) has executed an agreement with a U.S. Government contractor for 3.1 megawatts (MW) at its wholesale data center in Manassas, Virginia (DC-6), effectively back-filling that facilitys recent small-tenant contractions with a single, high-credit user.

Key Points: 
  • Corporate Office Properties Trust (COPT or the Company) (NYSE: OFC) has executed an agreement with a U.S. Government contractor for 3.1 megawatts (MW) at its wholesale data center in Manassas, Virginia (DC-6), effectively back-filling that facilitys recent small-tenant contractions with a single, high-credit user.
  • The new user signed a five-year agreement with one, five-year extension option, and expects to fully commence operations from DC-6 in the fourth quarter of 2020.
  • COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties.
  • As of March 31, 2020, the Company derived 88% of its core portfolio annualized rental revenue from Defense/IT Locations and 12% from its Regional Office Properties.

Progressive Leasing Donates 100 Computers To Children For COVID-19 Distance Learning

Retrieved on: 
Tuesday, April 28, 2020
Business law, Contract law, Landlord–tenant law, Law, Boys & Girls Club, Lease, Private law, Business

The deserving recipients of the laptops were identified by the Boys & Girls Clubs of Greater Salt Lake, a division of the Boys & Girls Clubs of America.

Key Points: 
  • The deserving recipients of the laptops were identified by the Boys & Girls Clubs of Greater Salt Lake, a division of the Boys & Girls Clubs of America.
  • Getting technology into the hands of those who can't access it at home is paramount to being able to reach and serve kids.
  • "I'm grateful our childrenwill be receiving additional educational support during our new reality of distanced learning.
  • In addition, Progressive Leasing, a virtual lease-to-own company, provides lease-purchase solutions through over 20,000 retail locations in 46 states.

R.J. Brunelli & Co. Announces Latest Lease and Property Sale Deals

Retrieved on: 
Tuesday, April 28, 2020
Economy, Landlord–tenant law, Finance, Law, Real property law, Leasing, Contract law, Renting, Leasehold estate, Lease, Brunelli, Dollar Tree

In another transaction at Dover Park Plaza, Miller represented the landlord and tenant on the lease for a 1,758-square-foot Mama Dude's restaurant.

Key Points: 
  • In another transaction at Dover Park Plaza, Miller represented the landlord and tenant on the lease for a 1,758-square-foot Mama Dude's restaurant.
  • In Gloucester County, Dollar Tree signed a lease for a 9,600-square-foot space at Cross Keys Commons, located at 3501 Rt.
  • Ms. Brunelli brokered the lease for Dollar Tree, which plans a second-quarter 2020 opening at the Brixmor-owned property.
  • Further north in Mercer County, Ms. Brunelli brokered Dollar Tree's lease for an 11,015-square-foot space formerly occupied by CVS at 2495 Brunswick Ave. (Rt.

Alpine Income Property Trust, Inc. Reports Operating Results for the Quarter Ended March 31, 2020

Retrieved on: 
Monday, April 27, 2020
Finance, Economy, Money, Real property law, Leasing, Renting, Land tenure, Landlord–tenant law, Leasehold estate, Real estate investing, Real estate investment trust

The rent payable for April 2020 from the Companys tenants seeking rent relief represents approximately 38% of the Companys annualized base rent.

Key Points: 
  • The rent payable for April 2020 from the Companys tenants seeking rent relief represents approximately 38% of the Companys annualized base rent.
  • The Company will host a conference call to present its operating results for the quarter ended March 31, 2020 tomorrow, Tuesday, April 28, 2020, at 9:00 a.m. eastern time.
  • About Alpine Income Property Trust, Inc.
    Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust that acquires, owns and operates a portfolio of high-quality single-tenant net leased commercial income properties.
  • Such items may cause short-term fluctuations in net income but have no impact on operating cash flows or long-term operating performance.

Bad Information Threatens to Undermine Retailers' Negotiating Positions with Landlords, Cautions A&G Executive

Retrieved on: 
Thursday, April 23, 2020
Economy, Finance, Money, Leasing, Landlord–tenant law, Contract law, Lease administration, Diligence, Valuation, Lease

In today's chaotic retail real estate landscape, concludes Wilson, "the right response is to supplement and support lease administration and make sure this critical information is up-to-date and easily accessible."

Key Points: 
  • In today's chaotic retail real estate landscape, concludes Wilson, "the right response is to supplement and support lease administration and make sure this critical information is up-to-date and easily accessible."
  • Key areas of expertise include real estate due diligence, valuations, dispositions, lease restructurings, acquisitions, and facilitation of growth opportunities.
  • Utilizing its marketing knowledge, reputation and advanced technology, A&G has advised the nation's most prominent retailers and corporations in both healthy and distressed situations.
  • For more information, please visit: http://www.agrep.com /
    Media Contacts:At Jaffe Communications, Bill Parness, (732) 673-6852, [email protected] , or Elisa Krantz, (908)-789-0700, [email protected]
    View original content to download multimedia: http://www.prnewswire.com/news-releases/bad-information-threatens-to-und...

Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index

Retrieved on: 
Thursday, April 23, 2020
Business law, Law, Contract law, Landlord–tenant law, Lease, Property law, Private law, Business

Separately, the Equipment Leasing & Finance Foundations Monthly Confidence Index (MCI-EFI) decreased from 46.0 in March to a historic low of 22.3 in April due to the impact of COVID-19.

Key Points: 
  • Separately, the Equipment Leasing & Finance Foundations Monthly Confidence Index (MCI-EFI) decreased from 46.0 in March to a historic low of 22.3 in April due to the impact of COVID-19.
  • With a developing global economic recession, the Equipment Leasing & Finance Foundation currently projects an 8.6% to 13.5% contraction in equipment and software investment for this year.
  • The MLFI-25 measures monthly commercial equipment lease and loan activity as reported by participating ELFA member equipment finance companies representing a cross section of the equipment finance sector, including small ticket, middle-market, large ticket, bank, captive and independent leasing and finance companies.
  • Based on hard survey data, the responses mirror the economic activity of the broader equipment finance sector and current business conditions nationally.

Spirit Realty Capital, Inc. Provides April Rent Update

Retrieved on: 
Wednesday, April 22, 2020
Construction & Property, REIT, Real property law, Leasing, Property, Landlord–tenant law, Land tenure, Leasehold estate, Renting, Law and economics, Law

Spirit Realty Capital, Inc. (NYSE: SRC) (Spirit or the Company) today provided an update on April tenant rent payments.

Key Points: 
  • Spirit Realty Capital, Inc. (NYSE: SRC) (Spirit or the Company) today provided an update on April tenant rent payments.
  • As of April 22, 2020, Spirit expects to receive 69% of April rent payments by the end of the month.
  • In addition, 17 of our top 20 tenants paid April rent and our asset management team continues to work diligently with tenants who have requested rent deferrals.
  • More information about Spirit Realty Capital can be found on the investor relations page of the Company's website at www.spiritrealty.com .