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The sluggish commercial real estate industry is affecting both owners trying to keep up with mortgage payments and tenants who are in serious financial trouble—or even in risk of default. In this recession, it is more important than ever to spot struggling tenants in your shopping center or office building early on. Effectively dealing with a troubled tenant so that its financial problem won't hurt you doesn't have to be difficult. Follow our steps to painlessly renegotiate your lease so that you both may be successful in a tough economy.
