TY  - JOUR
AB  - Every day, landlords and tenants are confronted with the dilemma of financing tenant improvements. Both parties see financing tenant improvements as a necessity. The landlord sees his tenant improvement investment as a necessity to consummate leasing transactions, while the tenant sees its tenant improvement investment as a necessity to build out vacant space. But at the end of the day, the investment dilutes the balance sheet for both parties since tenant improvements are non‐earning depreciating assets with no residual value. This paper introduces a new financing methodology for tenant improvements that take both the landlord and tenant out of the business of financing these non‐earning assets.
VL  - 5
IS  - 3
SN  - 1463-001X
DO  - 10.1108/14630010310812136
UR  - https://doi.org/10.1108/14630010310812136
AU  - Dewey John
AU  - Yiu Joseph
PY  - 2003
Y1  - 2003/01/01
TI  - The irony of investing in tenant improvements in leased space Freeing up capital from tenant improvements through Credit Tenant Note Financing
T2  - Journal of Corporate Real Estate
PB  - MCB UP Ltd
SP  - 201
EP  - 212
Y2  - 2024/04/25
ER  -