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Do You Know WALT (Weighted Average Lease Term), the Commercial Real Estate Guy?

Esquire Property Management Group

A WALT calculation, or figure, represents the average time remaining on the combination of leases within a commercial property, a commercial portfolio, or a commercial real estate investment and is weighted or calculated according to the proportion of rental income each lease contributes to the overall portfolio.

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Commercial Real Estate – Binding Letter of Intent, Or Not?

Esquire Property Management Group

In essence, if the specifics crucial to the deal’s execution and completion are left open-ended, the judicial system lacks a definitive basis upon which to adjudicate and enforce the terms of the LOI. Financing Terms: If applicable, include details about the financing arrangements, including the amount, terms, and conditions.