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How Lease Restructuring Can Help with Dispositions and Financing

If the landlord has designs on selling the property, the lease restructuring can be more beneficial than forbearance.

By Les Shaver | October 15, 2020 at 07:58 AM

Right now, in the wake of the COVID crisis, many forbearance discussions are occurring. 

But, in some situations, Michael Wiener, the founder and president of Excess Space Retail Services, thinks landlords may want to look beyond that and consider just restructuring the lease. Excess Space Retail Services began in 1992 as a firm that helps retailers reduce occupancy costs through real estate disposition, lease restructuring and lease renewals.

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