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December 5, 2023 By POE Knows

Leasing Commercial Space

Leasing Commercial Space

!!Protect Yourself & Your Property!!

The major challenges of Commercial Real Estate in 2024 and beyond?

Commerical Office Space

  • higher vacancy rates
  • slower rent growth
  • employees favoring hybrid & remote work
  • business owners favoring hybrid & remote work
  • negative net absorption
  • new supply
  • delinquency rate of commercial/corporate tenants, and untimely lease payments which create cash flow problems for the CRE owner.

Commercial property managers/owners must apply due diligence when screening prospective commercial tenants.

Screening only the business entity…is simply not enough!!

Let POEknows provide the complete picture, of the business entity and of the Principal/Responsible-Person (PRP) who will sign the lease on behalf of the business and as the personal guarantor for the lease!

Our very inexpensive & very complete-picture Commercial Tenant Screening includes:

  • Consumer credit report on the PRP
  • Civil court records search on the PRP & the Business Entity
  • Rent court records search on the PRP & the Business Entity
  • Media search on the PRP & the Business Entity
  • Criminal records search on the PRP & the Business Entity
  • SSN & Address validating search on the PRP
  • Search of State Charter records on the Business Entity & its State Status
  • Verification of commercial rental history of the PRP & the Business Entity
  • Securing financial documents as required by our Client
  • Credibility Interview with the PRP
  • Providing Client’s FCRA required Red Flag Monitoring & Resolution
  • Providing Client’s FCRA Adverse Action Notifications, as required
  • Online Applicant Ordering & Tracking

 

POEknows Commercial Tenant Screening!!

We would be honored to be of service to you!!

Filed Under: Commercial Leasing

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