A
percentage lease is a way an investor can partner with a tenant; if a tenant does well, the landlord will too," she said.
Percentage lease will apply based on gross sales increasing.
One possible solution that was discussed was a
percentage lease.
MacDougall in the February 1937 JPM[R] issue provides historical insight on the
percentage lease.
Kamenitzer worked out a
percentage lease where rent is based on a percentage of the volume of sales at the restaurant.
Epstein outlines how recent and pending changes to generally accepted accounting principles (GAAP) are likely to create confusion when corporations and their attorneys try to enforce accounting-related contractual terms commonly contained in, among others, merger and acquisition (M&A) agreements, earn-outs and
percentage lease arrangements.
Rent is 5% of gross sales-thatas right a a
percentage lease with NO minimum.
Net income and FFO were below the company's expectations due to several factors, including conversion from a fixed and
percentage lease structure to a taxable REIT subsidiary (TRS) structure, the slower than expected timing of acquisitions, and the seasonally weak demand associated with first quarter hotel operations generally.
The eight Silicon Valley hotel properties accounted for 16 percent of the company's
percentage lease revenues for the year 2003.
