• info@megalytics.net
  • Megalytics 4809 North Ravenswood Suite 215 Chicago, Illinois 60640
  • 312-818-1930

Rent Relief

True Underlying Condition of Tenant Under Stress

Asset managers need a quantifiable way to assess a rent relief request and an accurate means to offer rent relief without over or under committing. Megalytics has the tools and insights to guide you through evaluating the underlying condition of a tenant under stress

  • Discussion on Tenant on Rent Relief Requested, past history with tenant in terms of rent reductions, status on current payment
  • Lease Analysis for original lease, all Amendments, Letter of Credit, Good Guy Guaranty, Security Deposit, etc.
  • Interim financials including recent quarter or month, cash flow
  • Analysis of financial projections thru remaining lease term
  • Bank lines of credit and capacity
  • Investor and other capital funding sources
  • Review of PPP Loans received, and other government bailout applied for or received

Quantify Tenant Stress

Quantitative and qualitative assessment of the stress factors leading to the rent relief request as well as the extent of each condition

Rent Relief Recommendation

Which measures optimally relief tenant stress, while preserving your revenue outlook and asset quality

Asset Discovery

Uncover any hidden assets available for legal recourse as well as whether the assets are encumbered

Lease Security Tracking

Throughout the lease term, security deposits and letters of credit may burn down or expire, leaving you without any security in the event of default, or changing economic or tenant business conditions.

Megalytics can track your lease security throughout your lease term, alert you at key milestones and if the tenant credit deteriorates and the securitization is no longer sufficient, we will advise you to do a deep dive assessment and re-securitize.

Megalytics will:

  • Track the lease security validity, expiry date, and remaining balance against lease term
  • Track lease securitization against updates of the tenant’s credit
  • Alert you of any exposure that arises from our continuous monitoring of lease securitization and exposure
  • Lease security against cash flow for the balance of lease term, recommended options and decision matrix

Asset Discovery

In the event of tenant default, securitization in the form of a Letter of Credit may have already expired or been released. Before pursuing legal action and resources, it would be beneficial to know if the tenant, parent company or guarantor has sufficient recoverable assets.

Megalytics will:

  • Search and locate any banking, checking or brokerage accounts by state for the tenant, parent company or guarantor
  • Determine the $ balance, last deposit and any recent activity
  • Identify other physical asset owned by the tenant, partners, LLC members, vendors or individual guarantors
  • Determine viability of asset recovery and recommendation for legal course action

Physical Asset Tracking

If a tenant abandons a landlord property and moves assets belonging to the landlord, including physical assets and inventory under a landlord lien, to an unknown location, this will leave the landlord with very little leverage.

Megalytics can help by:

  • Geofencing the premise going back in time to identified period of illegal removal of physical assets
  • Track any outbound trailer truck movements over the suspected period
  • Identify final location where physical assets and/or inventory has been held

What our clients say

Megalytics assessments were helpful in making our decisions and we appreciate all your efforts in getting us meaningful information when there is not much to report on.

VP Finance /  A large provider of premium hospitality and workplace services

Megalytics reports were put together very well and I appreciate the timely response. It was helpful to learn more about the specific industries that our tenants fall under to understand the macro economic environment as a whole.

Acquisitions Lead /  Global real estate investment management firm with over $40 Billion in assets under management.

The Megalytics assessment was extremely helpful. Your team participated in a call with us and the tenant to get a better understanding of their business and financial operations. In the end, your questions and final analysis gave us the comfort level to agree to the tenant’s requested securitization.

Senior Asset Manager /  A real estate investment company with over $700M of industrial and office assets under management.

Megalytics alerted us that suddenly a new secured lender filed a blanket UCC filing on one of our tenant’s assets. Since we were not made aware of this by the tenant, we put the appropriate measures in place to protect the assets secured under our landlord lien.

VP Asset Management /  VP Asset Management
db

I have always had an appreciation for the role data plays in making good real estate decisions, whether it be for acquisitions, dispositions, leasing or management.  The first time I met Donna Salvatore and heard about Megalytics, I knew there was a need for their services in the market and I wanted to be part of it as an advisor and investor.  My commercial real estate career began 30 years ago in the Investment Research Department of Jones Lang Wootton.   Back then, we had to search hard for the right data before we could apply it in order to advise clients.  Now that we all are drowning in the amount of data available, Megalytics is the best way to synthesize everything and provide simple, easy to understand ratings and reports for real estate professionals who need to make the right decisions right away. I was proud be part of the early development of Megalytics as a member of the Board of Advisors.

David Brown / 
sr

Merging big data and AI (artificial intelligence), to implement analytic automation, Megalytics promises to bring a standard of sophistication, consistency, scale power and economy that can transform property practice. I’m involved as an advisor to and investor in Megalytics because the company is the implementation of the future some years ago that I projected could transform the property markets.”

Stephen Roulac / 
charlie

As real estate investment becomes more competitive, one of the distinguishing characteristics between investors who succeed and those who do not, will be effective risk analysis and assessment.  Megalytics primary focus is on harnessing  the ever growing sources of big data to mitigate investment risk,  which allows their clients to gain a competitive edge.

Charlie Wurtzebach /  Former Board Member
jan-d

I have invested both time and capital in Megalytics because there is a need for higher quality data and analytics to reduce risks associated with commercial real estate-based lending and leasing.  As the company continues to grow, the industry will have its first ever equivalent to the consumer FICO score.

Jan Davis /  Former Board Member

The Village of East Dundee hired Megalytics to complete a marketing analysis. The Megalytics team was great to work with and they helped us design a report that would suit our needs and  help us to achieve our economic development goals. The report gave us critical information that we were able to share with developers, brokers, corporations, and small businesses to effectively communicate the East Dundee market.

The Village of East Dundee /  East Dundee

We consistently struggle to attract new retail concepts, especially, b/c of new developments in neighboring cities, the credit card data is something concrete we can show directly to retailers on how our property ranks in terms of spending. This is extremely valuable to ANY retailer and of course owner.

Hemali Patel /  H &A Holdings Group

Because of the information your assessment uncovered, we were able to do a 450,000-square-foot deal that prior to getting your report, we didn’t think we could get approved.

Jay Minchilli /  J.P.Morgan Asset Management

I am very impressed with the wealth of information generated in a tight timeframe.

James Gillen /  Invesco Real Estate

I have shared the reports you have done for us with my colleagues at Westcore and needless to say they are impressed.

John Fefley /  Westcore Properties

You gave me more information than any other report ever has.

Brad Simpkins /  TIAA

I can’t believe I got all this information in just two business days.

 / 

This is the most informative tenant due diligence report I’ve ever seen.

 / 
YOU WANT USING MY SERVICES ?

Enter your keyword: