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Sue McConnachie


Posts By Sue McConnachie

Ensure You Have the Right Tenants With Increased Subleasing ...

Sue McConnachie   |     Jul 16, 2020

It is difficult to assess the full impact on the commercial market, created by the Covid-19 interruption. However, it is predictable that there will be substantial increases for subleasing and assignments, particularly in the office market. With the spread of Covid-19, brought the shift to work from home, leading certain departments to operate remotely with productivity success. Tenants are now exploring downsizing current space through assignments and sublets.

Financial Qualification For the Prospective Franchisee is Ev...

Sue McConnachie   |     Jun 05, 2020

Franchising is an excellent way to grow your company, but if done incorrectly, can have detrimental effects on your brand, your business and your bottom line.  The Covid-19 pandemic has made financial screening for the prospective franchisees even more vital, in a time of economic instability, as the search for new franchisees to replace failed franchises begins. 

Taking the time to thoroughly screen your franchisee candidates is critical to any franchisor’s success. Without a comprehensive screening process, you will quickly see your resources move from business growth and planning, to quality control, dispute management, and perhaps even litigation.

Due Diligence for Skipped, Delinquent and Renewal Tenants Du...

Sue McConnachie   |     May 05, 2020

SKIPPED AND DELINQUENT TENANTS

During these un-precedented times with COVID-19, the numbers of Skipped and Delinquent Tenants is on the rise. Being a property manager brings with it the potential for serious risk, liability and consequences at a time when the scales of justice seem tipped in favour of delinquent tenants. Once a tenant has gone delinquent, property managers must decide whether to proceed with legal action, and after all, if there is minimal probability of recovering the debt, why incur the costs of legal action?

What to do About Your Skipped and Delinquent Tenants

Sue McConnachie   |     Apr 13, 2020

During this un-precedented COVID-19 crisis, the number of Skipped and Delinquent Tenants is on the rise. Being a property manager brings with it the potential for serious risk, liability and consequences at a time when the scales of justice seem tipped in favour of the delinquent tenant. Once a tenant has gone delinquent, property managers must decide whether to proceed with legal action, and after all, if there is minimal probability of recovering the debt, why incur the costs of legal action?

Due Diligence for Handling Rent Relief Requests

Sue McConnachie   |     Mar 30, 2020

During these unprecedented times, comes the issue of your tenants’ short term or long-term inability to meet rent obligations, leading to important decisions you will now have to make.  We understand that it may not be in the best interest of the landlord to close a tenant’s door and begin to find replacement tenants during a time when leasing activity is at a serious slow down.  Landlords will have to choose if it is in their best interest to consider rent relief if doing so keeps a tenant open and operating in long and short term, and how that may protect the long-term economic viability of a property.  

Understanding Consumer Insolvency vs. Bankruptcy

Sue McConnachie   |     Mar 05, 2020

According to the Office of the Superintendent of Bankruptcy; “Consumer insolvencies for the 12-month period ending December 31, 2019, increased by 9.5% compared with the 12-month period ending December 31, 2018. Consumer bankruptcies decreased by 1.2%, while consumer proposals increased by 17.9%. The proportion of proposals in consumer insolvencies increased to 60.3% during the 12-month period ending December 31, 2019, up from 56.0% during the 12-month period ending December 31, 2018. For the 12-month period ending December 31, 2019, consumer insolvency filings accounted for 97.4% of total insolvency filings.”

What to do With Your Skipped and Delinquent Tenant

Sue McConnachie   |     Feb 26, 2020

Being a property manager brings with it the potential for serious risk, liability and consequences at a time when the scales of justice seem tipped in favor of delinquent or “bad” tenants. Once a tenant has gone delinquent, property managers must decide whether to proceed with legal action, and after all, if there is minimal probability of recovering the debt, why incur the costs of a suit?

Your Guide to Interpreting Key Commercial Tenant Credit Info...

Sue McConnachie   |     Feb 04, 2020

Property Managers want to make the best possible decisions to reduce risk and increase success when evaluating tenants. Up-to-date financial and credit information about prospective tenants, renewal tenants, acquisition tenants, or skipped / delinquent tenants, is essential.

We're pleased to share with you a new ebook, "Your Guide to Commercial Tenant Credit Reports", providing an overview of the 16 sections contained in our Comprehensive Tenant Reports.

How to Reduce Your Tenant Risk? Download This eBook for Prop...

Sue McConnachie   |     Jan 22, 2020

The current real estate market has brought more people and businesses into the property management sector to take advantage of the up-side of the investment. But like all investments, you need to be prepared and ready to mitigate any risks, liabilities, and consequences.

One of the best ways to mitigate these risks and protect your investment is to ensure you have chosen the best tenant for your listing at the outset, using an in-depth commercial credit report.

Choose Investigative and Current Credit Information – Learn ...

Sue McConnachie   |     Dec 19, 2019

Assessing your risk using investigative-style reporting will offer valuable insights that cannot be obtained through traditional historical database reports.

While both investigative and database approaches will help you and your company evaluate risk for potential business partners - including suppliers, manufacturers, customers, partners, prospective tenants, franchisees - the two methods of credit reporting differ in many ways.

    Quality Credit Reporting is North America’s premiere credit reporting agency, committed to providing unparalleled, high-quality reports and services.

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