Irvine, CA

Rent collections have been the focus for landlords, but it isn'tthe only lease provision that owners should be considering.Richard Rizika of Beta recommendsa blend-and-extend approach to create efficiencies in operationsthat will ultimately help landlords get through the pandemic.

"Rent is of primary value but it is not the only lease provisionthat creates economic value," Rizika, partner and co-founder ofBeta, tells GlobeSt.com. "A blend and extend as well as other leaseprovisions that will enable greater flexibility to operateproperties more efficiently long term should be evaluated. Nothingis off the table, credit enhancements, use restrictions, cotenancy, property redevelopment rights and many other provisionscan but, not always, offset the value of rent."

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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