TICTalk
I received the latest quarterly newsletter from Omni Brokerage, TICTalk, over the weekend. It had references to deals not meeting their projections but was light on specifics. I need context. A ten-year deal that is off projections is nothing to worry about because it is impossible for any deal, except the cleanest of single-tenant triple net properties, to match its pro forma. A little above or a little below is to be expected. The trouble is wide variations based on aggressive projections. Or worse a group of deals that were master leased that are under performing and the master tenant is running short on cash.