Anytime Fitness is a long term client of the Greenstead Consulting Group. We were recently asked to review the operating cost reconciliation sent them by a new landlord, who purchased the property in 2022. We found the landlord did not characterize the expenses in accordance with the lease terms. This resulted in an overbilling to …
A look at how options work to either extend or renew your lease. http://creleasepros.com/wp-content/uploads/2023/03/Your-Lease-Matters-Options.pdf
The following article comes courtesy of Stikeman, a law firm in Canada On October 9, 2020, the Government of Canada announced a new rent support program, the Canada Emergency Rent Subsidy (“CERS”) that will fill the gap left by the expiry of the Canada Emergency Commercial Rent Assistance (“CECRA”) program on September 30, 2020. While …
New Support For Commercial Tenants: Canada Emergency Rent Subsidy Replaces CECRA Program Read More »
Whether you are a tenant or landlord, you have to ask yourself this question. Are you paying attention only to the term of the lease and rental rate or are there other lease terms that are just as important. Whether the tenant is negotiating a 1-year, 5-year or 10-year lease, the dollars start adding up …
https://www.ctvnews.ca/health/coronavirus/deal-reached-to-lower-rent-by-75-per-cent-for-small-businesses-pm-trudeau-says-1.4909909
Here is a short 30 minute video to help you navigate a rent relief request from your commercial Landlord. https://www.retail-insider.com/retail-insider/2020/4/video-how-to-request-rent-relief-during-covid-19-peter-morris
PM Trudeau announced today that he would be instituting a Canada Emergency Commercial Rent Assistance program to provide support to small businesses to help with their rent for the months of April, May and June. The program will provide loans, including some forgivable loans, to commercial property owners who are then to either lower or …
We have had a lot of commercial tenants ask us how they should approach their landlord for rent assistance during Covid-19. We quickly put together this rough video that outlines a proven system for requesting rent relief.
Your commercial lease contains many dates, and many types of dates. In this brief article we will outline some types of dates, and potential pitfalls that can result in very unpleasant consequences if they are not managed correctly. The 3 Types of Dates Life would be simple if all days and dates were the same, …
The Greenstead Consulting Group secured a contract to provide unique lease management services for three retail service businesses including franchisees of Anytime Fitness, and Waxing the City; and the corporate locations of Basecamp Fitness. According to the Greenstead Consulting Group CEO, Peter D. Morris, this is a comprehensive lease advisory and management service that accessed …
