Most commercial real estate leases are located on property encumbered by a deed of trust. The rental stream from these leases is a major factor in the lender’s valuation of the real property as its security and its underwriting of the loan. The rental stream is also the borrower’s source of funds to make its monthly loan payments to the lender.  Before making the loan, the lender will review the existing leases to determine if those leases are acceptable to it and support the loan. The lender will also decide if it wants any of the existing tenants to subordinate… Read more

Wireless communication is one of the most important and fastest growing sectors of the national economy.  Not only are many households giving up their landline telephones entirely in favor of wireless services, but businesses are also incorporating wireless services into their day to day operations (such as the use of mobile devices to scan purchases and documents and to complete sale transactions).  Companies are launching new applications on a daily basis and use by individuals of cellular networks has expanded to include access to emails, websites, music, videos, games, and other applications.  Each wireless facility can only provide service to… Read more