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Moderator: Ken Ashley, MCR, Senior Director | Tenant Services Group, Cushman & Wakefield Speakers: Kitty Henry, Munsch Hardt Kopf & Harr PC Quin Ryan, Sr. Account Manager, Cushman & Wakefield In these uncertain economic times, many real estate professionals are having to live under (and/or administer) leases that they did not negotiate. These "inherited" leases commonly result from mergers and acquisitions but also when a real estate manager changes jobs or portfolios. Panelists from Munsch Hardt Kopf & Harr PC and Cushman & Wakefield will share their experiences and walk through some common lease provisions that can be "gotchas" if the tenant is not aware of their presence and significance, including non-monetary defaults, renewal and expansion rights, SNDAs, casualty and rebuilding obligations, and landlord's lien issues. Learn about leases from a forensic perspective. When the time for negotiating is past; how can the tenant be protected? What are the bare bones issues raised in administration of inherited leases in order to avoid the consequences arising from "missed" issues? In addition, participants will receive a toolkit and access to a one-hour teleconference post Summit. Key Takeaways * Practical advice to assist in review of inherited leases, with suggested solutions to the problems raised by the leases * After-session toolkit and follow-up teleconference
Keywords: Chicago Summit 2011, Lease, Tenant, Assignment, Sublet, Insurance, Landlord, Default
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