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Monthly Archives: April 2020

Rent Relief Alternatives in a Time of Crisis

April 3, 2020 CGS3 Commercial Leasing

The number of tenants seeking rent relief will undoubtedly continue rise in the coming months, especially as retail traffic continues to skydive nationwide amid the COVID-19 pandemic. Real estate experts say landlords are confronting a surge of potential tenant defaults and must take precautions to ensure a swift rebound of operations once the current health crisis is over.

Insight Alert: The New IRS and FTB Tax Deadlines

April 2, 2020 CGS3 Coronavirus/COVID-19

CGS3 understands the concern about the impacts of the coronavirus (COVID-19) pandemic on the commercial real estate industry.  We are actively monitoring the rapidly changing situation and assure you that we will endeavor to continue providing you with reliable legal advice and guidance to help to protect you and your business in these uncertain times. 

Options for Enforcing Leases in a Time of Pandemic

April 2, 2020 CGS3 Commercial Leasing

Landlords are left juggling rent and mortgages as state and local officials shut down businesses and residents are ordered to stay in their homes as part of the nationwide response to the current coronavirus pandemic.  As more states and cities impose temporary eviction moratoriums, it is more important than ever for landlords to review their leases and protect their rights if their tenants stop paying rent.