F.Y.I.: Why Bus. Rents Are Inflexible

[Editor: Leasing trusts are established with "drop box" financing terms (rents received at
lenders agent or escrow office for division amongst lender and management company)].

"But longtime west Pasco real estate agent Greg Armstrong said some malls may
be empty simply because owners can't reduce rental rates; they have bank loans
that establish a certain rental income..."


http://www.tampabay.com/news/localgo...-town/1069485#