I’ll try to look some up today but I think it varies by lease and by loan. You can’t apply the same rules to a warehouse as an office as a grocery store. Also, big spaces are different than small restaurants. Might not be consequences for a Chipotle but there could be for a grocery store in the same strip mall. The leases negotiated between the landlord and the tenant also have to be approved by the lender.
The whole thing is called “going dark”, meaning they are still paying rent but not operating on the premises. It causes the borrower/landlord to go into something called “cash management”. They lose the ability to collect rents directly. It all gets sent to a special lockbox that the lender has access to. They use those funds to post the payment and other things like that. They send a portion back to the borrow for operating expenses then hold onto the rest. The borrower also has to pay cash management and bank account fees when this happens.
I remember there was a big fight at a shopping center near me because a grocery store wanted to move the grocery location and open a giant liquor store in its place but the landlord didn’t like that. I believe they ended up terminating the lease and a different grocery store moved in. My company didn’t handle that loan so I don’t know the details but I knew that the loan was likely the real reason for the fight.
This. My dog knows words that I didn’t teach him. I know people talk about pattern recognition and what not but that’s not all that different than human knowledge. I learn words by hearing them repeated too
I know how to read his body language and the tone of his barks to know what he wants. He will even show me, if I ask him.
I suspect he understands a lot more than I am capable of deciphering as well.
Their mortgages have clauses that cost them when tenants are not operating onsite. It devalues restaurants and stores in the area. I’m not saying it’s right. It’s just how it works. Tenants have to do business on site during the lease or they pay fees and their landlords have to pay the banks.
This motherfucker doesn’t care about us in MO at all. Numerous other problems here, but he’d rather kiss the ring and hope Trump nominates him for some position so he can wreck a lot more.
I feel like Garcia’s attorneys could ask for a mistrial. No way he’s going to get a fair trial. Especially, with the government saying they’ll punish him regardless, seems like a slam dunk for his counsel. The challenge is keeping him alone and in the country after.
The real answer is that it depends on your age. Probably also race and gender. People will react differently to each.
An older adult ready for retirement? Delightful!
A kid trying to be different and impress girls! Cringey.