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Is It Risky Business When Nonprofits Become Landlords? Solender/Hall President Eliza Solender shares nine tips that can mitigate liabilities involved. By Eliza Solender Published in Commercial Real Estate May 17, 2021 11:00 am The COVID pandemic has harmed income for most nonprofit organizations. In addition, like the for-profit business community, many nonprofits had a substantial percentage of their employees working virtually. This reality has caused many nonprofits that own their real estate to evaluate their space needs, especially the space they are not using. Eliza Solender, Solender/Hall With the squeeze on revenue, obtaining rental income on unused space becomes very tantalizing. However, the danger is that the staff’s and board’s lack of expertise in commercial real estate could cause the organization to have unexpected costs, less than anticipated income, and unexpected headaches. ....