What's New with Management Agreements
This video talks about:
Coming out of COVID, leading is becoming less attractive because it has historically borne the most risk for the operator. If you are going to lease, you must work with a broker that will help you negotiate terms that will protect you from a business-killing experience like a global pandemic.
The appeal of a management agreement is that it shifts the risk to the landlord. The upside is significantly limited for the operator, but therein lies the tradeoff. Let's discuss.
Bonus Q & A with Real Estate Consultant, Mike Abrams