Re: Re: Lease

From
Madonna Borger <madonna.borger@thekey.com>
To
Timothy Thomas <tt@thekey.com>
Date
Tue, 4 Feb 2025 14:22:50 -0800
Folder
INBOX
I have on a few here in the states...let me ask him.


On Tue, Feb 4, 2025 at 2:17 PM Timothy Thomas <tt@thekey.com> wrote:

> Are you seeing 4% anywhere ? What about splitting the difference at 3.5
>
> On Tue, Feb 4, 2025 at 4:15 PM Madonna Borger <madonna.borger@thekey.com>
> wrote:
>
>> Tim,
>> What do you think?
>>
>> ---------- Forwarded message ---------
>> From: <dmike@videotron.ca>
>> Date: Mon, Feb 3, 2025 at 10:18 AM
>> Subject: Fwd: Re: Lease
>> To: Madonna Borger <madonna.borger@thekey.com>, Tim Thomas <
>> tthomas@homecareassistance.com>
>>
>>
>> Madonna/Tim
>>
>> As well 5 years ago parking was free today every landlord charges $150
>> month for on site parking and I am giving it for free. As well as the
>> interior maintenance I am doing for free. Normally in a commercial lease
>> the tenant does all repairs in the space, for example door locks which I
>> just fixed this week.
>>
>> Mike
>>
>>
>>
>> ---------- Forwarded message ----------
>> From: dmike@videotron.ca
>> To: Madonna Borger <madonna.borger@thekey.com>
>> Cc: Tim Thomas <tthomas@homecareassistance.com>
>> Bcc:
>> Date: Mon, 03 Feb 2025 13:14:00 -0500
>> Subject: Re: Lease
>> Hi Madonna?Tim
>>
>> The last 5 year term when the increases were 3% we went through the Covid
>> period and rental increases and expenses went up by 4% to 8% and I
>> respected the signed lease, since it was done before those years of massive
>> inflation. I hope you understand.
>>
>> Mike
>>
>> On 03/02/25 11:03, *Madonna Borger * <madonna.borger@thekey.com> wrote:
>>
>> Michael,
>> I sent the final lease draft to Tim to review and he has mentioned that
>> the annual increase is 4% and the last agreement it was 3%, he would like
>> to see it back at 3% please let me know if you are good with that?
>> Thanks
>>
>>
>> --
>> Madonna Borger
>> Real Estate Director
>> * Please note my email has changed: *
>> madonna.borger@thekey.com
>> <https://brand.thekey.com/esg/madonna.borger@thekey.com>
>> TheKey.com <https://www.thekey.com/>
>> <https://homecareassistance.com/>
>>
>>
>>
>> --
>> Madonna Borger
>> Real Estate Director
>> * Please note my email has changed: *
>> madonna.borger@thekey.com
>> <https://brand.thekey.com/esg/madonna.borger@thekey.com>
>> TheKey.com <https://www.thekey.com/>
>> [image: TheKey] <https://homecareassistance.com/>
>>
>

-- 
Madonna Borger
Real Estate Director
* Please note my email has changed: *
madonna.borger@thekey.com
<https://brand.thekey.com/esg/madonna.borger@thekey.com>
TheKey.com <https://www.thekey.com/>
[image: TheKey] <https://homecareassistance.com/>