Unlock Value through Lease Optimization

SURMOUNT® advisory bridges the gap between tenants and landlords, doing lease advisory differently. We offer customized negotiations and restructuring services on existing-lease assets, as well as portfolio strategies based on the goals and needs of the client. Landlords and tenants have both similar and different goals that require a balanced approach for optimal outcomes.

$1.5B+

Total Rent Savings

$650M

Buy & Recast Proceeds

$175M+

Landlord Abatements & Tenant Improvement Allowances

Lease Advisory Services

Lease Restructure & Portfolio Optimization
Renegotiation of existing leases to lower contractual occupancy costs – reducing base rent, resetting escalations, securing site control to preserve EBITDA at high-performing locations, and modifying assignment, change-of-control, and other non-monetary leasehold obligations. The team converts underperforming locations into long-term positive-EBITDA contributors.
Lease Renewals
Lease Terminations
Distress & Bankruptcy
Buyback

Results in Practice

Representative engagements demonstrating the impact of each Advisory service line.

Lease Restructure Campaign

Quick Service — National Footprint

Annual Lease Restructures Executed: 40 — rental savings, term extensions, TIA contributions
Buy-and-Recasts Executed: 25
Arbitrage Proceeds: $500K
Total 10-Year Rental Savings Achieved: $20.2M

$20.2M

10-Yr Savings

$500K

Arbitrage Proceeds

Lease Termination Example

Quick Service — Jacksonville, FL

10.9 years remaining term, $1.82M outstanding rent obligation
Leveraged tenant network to source replacement tenant with national credit
Tenant fully released after 6 months downtime rent for replacement build-out
$1.72M total termination savings

$1.7M

Net Savings

93%

Rent Savings

Distress & Bankruptcy

Restaurant Franchisor — Ch. 11

58 leases: assumption, rejection & restructure
$2.48M year one rental savings (27%)
$29.10M projected 10-year savings (29%)
70% success rate: $695,890 arrears waived

$29.1M

10-Yr Savings

27%

Year One Savings

Buyback Example

Quick Service — Madison, WI

$921,098 arbitrage captured on sale
Preserved EBITDA: tenant-favorable lease
Lowered future rent via smaller increases
Partially funded remodels via proceeds

$921K

Sale Arbitrage

40 Year

Site Control

Landlord Representation Services

Renewals & Leasing
Represent landlords across new leasing, renewals, FMV negotiations, expansions, and option exercises. Source and qualify replacement tenants through SURMOUNT’s national operator and franchisee network, engage and work alongside vetted market leasing agents to cover vacant and soon-to-be-vacant space, and negotiate base rent, term, and escalation structures that maximize in-place income and extend weighted average lease term.
Lease Structure & Risk
Asset Value & Marketability