Apr 15, 2020
Time stamped summary of podcast
[00:06:52] How will the pandemic affect the short term future of retail negotiations?
[00:13:09] New Covid language and increased due diligence,
[00:14:14] Do you think that brick and mortar will continue to shrink?
[00:16:42] Will National tenants be closing their weaker stores?
[00:17:50] What will be the long term effects?
[00:18:32] Is this a good time to push through existing lease negotiations?
[00:19:57] Are lease negotiations going to be more complicated with everyone now adding lease language to mitigate a pandemic risk?
[00:20:41] Are the relevant lease provisions clear and unambiguous?
[00:21:54] Is this a good time to be a retail leasing broker?
[00:22:33] What are some of the specific lease clauses that we'll be changing because of this?
[00:26:05] Will Insurance companies provide pandemic coverage in the future?
[00:26:52] Does Force Majeure apply in most leases?
[00:28:45] Should brokers add forced major language to their LOIs or leave this to the attorneys to duke it out?
[00:33:28] Are the Eminent Domain or Condemnation Clause applicable?
[00:36:56] Co-tenancy provisions may be negotiated differently in the future.
[00:38:08] Do landlords want to get rid of good tenants?
[00:40:08] How does the panel see the effects on the crowded bar business model, given social distancing and potentially less seating capacity?
[00:41:49] Aren't some restaurant volumes up?
[00:46:53] Will grocery anchored shopping centers recover faster?
[00:47:17] How long do you think it will be before commercial real estate gets back to where it was in January 202?
[00:49:04] Will there be new categories of retailers as a result of this pandemic?
[00:49:34] How will the Coronavirus effect investment sales overall?
[00:55:52] How are tenants handling the Coronavirus?
[00:57:00] How important is creativity for tenants? What are the tenants doing to help themselves?
[01:01:37] Landlords want as much information as possible in order to make a risk profile. Tenant's should anticipate what information landlords will want.
[01:03:16] There are a lot of ways tenants can help themselves out.
[01:06:40] How can landlords protect themselves from over aggressive lenders?
[01:11:00] Specific Examples of Retail Landlord Reactions.
[01:13:48] Examples of Tenant Reactions.