The U.S. office market is in uncharted territory as the amount of office space has declined for what is likely the first time in history. Less than 5 million square feet of new offices broke ground in the U.S. so far this year, while 14.7...
The gloves are off in the retail landlord leasing battle, with Simon Property Group now suing mall tenants who aren’t paying their rent. On Tuesday (July 14), the country’s biggest retail real estate investment trust filed a lawsuit against Eddie Bauer for $6.2 million in...
Estimating a loss of $915 million in the second quarter, Starbucks is asking landlords of all of its stores to pardon it for at least a part of rent for the next year, according to a CNBC report. The coffee chain has been affected by...
With retail rent collection dropping precipitously, a new report found that 21 percent of 135 big chains weren’t paying any rent, or were paying only a small part of it last month. National retailers paid just 58 percent of their billed rent in April, which...
May 17, 2019
Pain comes in many forms, including through anticipation. That holds true for the world of payments, even in this golden age of digital transactions and commerce. One of the best ways to make a landlord wince is to keep them wondering when the rent check arrives. Don’t worry — tenants take part in the fun […]
June 12, 2018
The joy of renting a new apartment also comes with misery: Handing over a large sum of money to the landlord for a security deposit, which then sits useless in...
June 21, 2017
While the world of payments has mostly gone online – rent remains stubbornly analog in the age of digital. According to a recent Zillow study, 76 percent of rent payments...
January 11, 2024
Property management software provider RentRedi has expanded its integration with financial data network Plaid. Having already integrated with Plaid for years to simplify rent collection, RentRedi has expanded the integration to enhance its tenant screening feature, the company said in a Thursday (Jan. 11) press release. This integration aims to provide advanced capabilities to RentRedi’s […]
July 27, 2023
The U.S. office market is in uncharted territory as the amount of office space has declined for what is likely the first time in history. Less than 5 million square...
May 14, 2020
Estimating a loss of $915 million in the second quarter, Starbucks is asking landlords of all of its stores to pardon it for at least a part of rent for...
May 13, 2020
With retail rent collection dropping precipitously, a new report found that 21 percent of 135 big chains weren’t paying any rent, or were paying only a small part of it...