Information provided by Margaret Kennedy, retail specialist for Saurage Commerial Real Estate
Article written By John A. Barclay, for Commercial Investment Real Estate Magazine
A tenant bankruptcy conjures up images of valuable space being interminably occupied by a deadbeat who neither pays rent nor allows the landlord to obtain a new tenant who will pay rent.
While bankruptcy is frustrating for all creditors, landlords who know the rules can protect themselves better than other creditors when dealing with tenants. When bankruptcy is filed, a landlord should know the status of the lease, what rights the tenant can exercise, and what options are available to the landlord. Through vigilance in the bankruptcy proceedings, landlords can maximize their recovery and even preserve their tenant despite past delinquencies. To read full article click HERE
Raised in Canada, Margaret moved to Baton Rouge in 1991. She is a graduate of St. Joseph’s Academy. Margaret has fourteen years sales and client relations and property management experience. Margaret began leasing property in Baton Rouge, then continued with Property Management responsibilities in Dublin, Ireland. Upon her return to the States in 2002 she joined Saurage Realtors. As the property management supervisor at Saurage Realtors Margaret has gained thorough experience and knowledge on leasing, maintenance of single family and multi family, commercial real estate, and Home Owners Associations. Margaret decided to expand her knowledge and further put her experience to work by obtaining her real estate license 2006.
Saurage Company, Inc dba Saurage Commercial Real Estate was founded in Baton Rouge in 1991 with the purpose of providing exceptional real estate services with an emphasis on commercial property and property management. Saurage Commercial Real Estate offers to its clients a full range of real estate services including brokerage, investment advising, development consulting, REO disposition specialists, asset management, fee based consulting, tenant representation, and buyer representation. The staff of professionals includes combined experience of 50 years, as well as CCIM Designees and Candidates and recipients of Master of Business Administration.
