Why Choose Capital Retail Group?
Being a commercial property owner is rewarding. But, it can also be stressful. That is especially true if you are trying to manage your properties yourself. Being woken up in the middle of the night for a tenant or property emergency is not fun. And, if you own more than one commercial property, it can wreak havoc on the other parts of your life.
Often, landlords think they will lose money and control by using a property management company. Well, this can be true if you use a company that isn’t as responsive as Capital Retail. Our clients are pleasantly surprised by how much time and money we save them. Capital Retail Group has an office in Tysons and Bethesda. We primarily serve Fairfax County, Montgomery County, Prince George’s County, and Washington D.C.
Along with commercial property management, we provide sales , tenant representation, and landlord leasing services. Because we have built a strong local network of contacts, we know the market, the brokers, the tenants, the landlords and all the other players involved in making a deal happen. In fact, many times we are aware of tenants looking for space and off market deals before most anyone else.
Paycheck Protection Program Experience
Our business applied for the Paycheck Protection Program loan through our bank nine days ago. We hope this fund will be replenished at some point very soon. The program so far is akin to a pre stock IPO with only a few able to participate.
Covid 19 Rent Deferral
As a property managers of commercial shopping centers we are receiving many rent relief requests from tenants. Here is a standard letter we are doing. Tenant acknowledges and agrees that the Periodic Rent due for the months
SBA Covid 19 System Overload
We went back to check on our application and found that it wasn’t possible to check he status online. Other lenders are having trouble handling the crush of requests.