Expert Solutions for Cinema Landlords bridging from the Crisis to the New Normal

 
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The Cinema Bridge Team

We have the EXPERIENCE

 

Chuck Stilley

Mark McDonald

Eva Mui

Landlord Focused Services

We have the SOLUTIONS

ADVISE & CONSULT

We provide Expert Guidance during rent re-negotiation & settlement

  • Box office gross projections

  • Trade area evaluation cinema proformas

  • Cinema viability analysis

  • FF&E cost benefit analysis

OPERATE RETURNED CINEMAS

We can Operate Cinemas

  • Manage cinemas for the benefit of landlords during this period of disruption 

  • Avoid co-tenancy claims

LONG TERM SUCCESSOR TENANTS

We know the Cinema Tenants

  • Identify quality replacement cinema tenants

  • Secure long term fixed rent leases

 
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Case Study

Landlord A's Problem

 

Cinema Tenant Filed for Bankruptcy

Filed Ch 11 in April 2020

Closed Cinema Location since mid-March

Cinema Tenant Ceased payments

No rent or real estate expenses paid since March 2020

Cinema Tenant Asked For a 55% Rent Reduction

Claiming cinema re-opening attendance reduced significantly

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We know how to Bridge the Crisis to the New Normal

 

Assisted Landlord with negotiation

Provided Analysis including Post-Covid location and industry view
Improved Key Deal terms

Improved Rent Outcome

Improved rent outcome by 350bps (~$3M during 10-year term) vs Tenant's original offer

Operate returned cinema

Offered to operate cinema on an interim basis if returned. 
May secure long term replacement Tenant who pays fixed Rent

Contact Us

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