Real Estate Weekly
"Beyond lost rent: Consequences of commercial tenant bankruptcy"
In less than one month, Haggen Grocery Stores, American Apparel, and Quiksilver joined a not-so-exclusive list of companies that filed for bankruptcy in 2015.
Despite a decrease in Chapter 11 bankruptcies filed in recent years, the onslaught of retailer filings is troubling, especially for landlords.
The impact of tenant bankruptcies goes far beyond lost rent. A tenant’s lease rejection may implicate zoning compliance.