Quote:
Originally Posted by Papa_lecki
Doesn’t the Developer own all the commercial real estate in SS? I wasn’t really talking residential, was talking commercial.
Commercial rent for retail is based on retail revenue - if your revenue can’t meet rent, you are not renting.
|
If you were talking commercial, leasehold improvements are paid for by the tenants, not the landlord.
The landlord might finance it for the tenant..........but the tenant pays.
The bones are in place for retailers, the developer won't be the one to "need a major investment of capital in the next 3 to 5 years"