This reads well.
From page 33
Concentration of Credit Risk
A concentration of credit risk arises in the Company’s business when a national or regionally-based tenant occupies a
substantial amount of space in multiple properties owned by the Company. In that event, if the tenant suffers a significant downturn in
its business, it may become unable to make its contractual rent payments to the Company, exposing the Company to a potential loss in
rental revenue that is magnified as a result of the tenant renting space in multiple locations. The Company regularly monitors its
tenant base to assess potential concentrations of credit risk. Management believes the current credit risk portfolio is reasonably well
diversified and does not contain any unusual concentration of credit risk.
This reads well. From page 33 Concentration of Credit RiskA...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)