Cost Reduction Strategies for Health Care Practices
In commercial leases, "operating expenses" (often referred to as OPEX, CAM or Common Area Maintenance) generally cover the costs associated with the daily operation, maintenance, and repair of the property. In addition to...more
The financing of hotels and resorts requires balancing the borrower’s need for flexibility to successfully operate the hotel against the lender’s desire to prevent cash leakage should conditions related to the borrower’s...more
Using the “Extraordinary Events” clause to reduce outsourcing service charges and operating expenses during the COVID-19 pandemic. With revenues down dramatically due to COVID-19 measures, businesses across most sectors...more
The World Health Organization (WHO) has declared the coronavirus disease 2019 (COVID-19) outbreak a public health emergency, and as of the date of this alert, the Centers for Disease Control and Prevention (CDC), a component...more