Single net lease

RPT Realty Selected as a 2021 Green Lease Leader by the Institute for Market Transformation and the U.S. Department of Energy’s Better Buildings Alliance

Retrieved on: 
Thursday, June 3, 2021
Real property law, Landlord–tenant law, Articles, Leasing, Economy, Law, Renting, Lease, Property law, Landlord, Single net lease

NEW YORK, June 03, 2021 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (RPT or the Company) announced today that it was selected as a 2021 Green Lease Leader by the Institute for Market Transformation and the U.S. Department of Energys Better Buildings Alliance.

Key Points: 
  • NEW YORK, June 03, 2021 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (RPT or the Company) announced today that it was selected as a 2021 Green Lease Leader by the Institute for Market Transformation and the U.S. Department of Energys Better Buildings Alliance.
  • The Green Lease Leader program recognizes landlords, tenants and partnering real estate practitioners from a variety of sectors that incorporate green leasing to drive high-performance and healthy buildings.
  • RPT was awarded Gold recognition, the highest Green Lease Leader designation, for using green leases to protect occupant health, increase energy efficiency, modernize buildings and improve tenant-landlord relationships.
  • The Gold designation reflects our commitment to high performance and sustainability in buildings and best practice leasing, said Brian Harper, President and CEO.

Majority of Companies Continue to Pay Rent on Unoccupied Properties Amid Pandemic, According to Visual Lease Survey on Commercial Real Estate Trends

Retrieved on: 
Wednesday, May 20, 2020
Professional services, Data management, Technology, Commercial Building & Real Estate, Software, Construction & Property, Accounting, Leasing, Economy, Articles, Landlord–tenant law, Property, Contract law, Business law, Lease administration, Lease, Single net lease

Visual Lease, the leader in lease accounting and management software, today released findings from a recent customer survey that probed the impacts Covid-19 is having on the commercial real estate market.

Key Points: 
  • Visual Lease, the leader in lease accounting and management software, today released findings from a recent customer survey that probed the impacts Covid-19 is having on the commercial real estate market.
  • Almost 30% of respondents reported that 75-100% of their leased real estate properties were unoccupied at the time of the survey as a result of Covid-19.
  • Only 17% of the customers surveyed reported that they were proactively approached by the landlords of unoccupied properties to discuss rent relief options.
  • Visual Lease provides lease accounting and lease administration solutions that help companies manage, analyze and report on their leased assets, including real estate, equipment and vehicles.