Plan Commercial Property Cash Through Buildout and Rent Collection

By Don McClain, Founder & Principal of Medro Advisors. A signed commercial lease can create spending before recurring rent arrives. Follow buildout, delivery, rent commencement and actual collection on one cash calendar. Include tenant improvements, leasing commissions and property carry; distinguish owner cash, loan draws and restricted reserves. Test a later completion date and a later first collection. Ask the lender how lease conditions and eligible costs affect funding. Discuss the property plan with Fast Commercial Capital. Related reading: the forthcoming FUNDED. General education; underwriting and approval apply.