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Updated over 6 years ago,
Management fees not being collected?
So I’m working with a seller who self manages a retail center with five tenants. The leases for three of the tenants allow for management fees to be collected inside the CAM charges but they are not being collected. This would amount to about 20k per year if collected.
I see this as a value add opportunity for a buyer. Will the average buyer see it the same way and how will they handle the situation with the tenants after closing? One of the tenants has about two years left while the other two have seven and ten years left.