Workouts

Tenant Default & Rent Relief

The true underlying condition of a tenant under stress.

Asset managers need a quantifiable way to assess a rent relief request and an accurate means to offer relief without over- or under-committing. Megalytics guides you through evaluating the underlying condition of a tenant under stress.

Quantify tenant stress

Quantitative and qualitative assessment of the stress factors behind the rent relief request, and the extent of each condition.

Rent relief recommendation

Which measures optimally relieve tenant stress while preserving your revenue outlook and asset quality.

Asset discovery

Uncover hidden assets available for legal recourse — and whether those assets are already encumbered — before pursuing action against a tenant, parent or guarantor.

Lease security tracking

Security deposits and letters of credit burn down or expire during the term. We track validity, expiry and remaining balance against the lease term, track securitization against tenant credit updates, and alert you when exposure arises.

What we review

  • Rent relief requested, past reductions and current payment status
  • Original lease, amendments, letter of credit, good guy guaranty, security deposit
  • Interim financials including recent quarter or month, and cash flow
  • Financial projections through the remaining lease term
  • Bank lines of credit and capacity
  • Investor and other capital funding sources
Chicago commercial skyline at sunset

Ready to talk?

Let Megalytics guide you through the best data sets and analysis for your development project, acquisition, disposition or next tenant.