Lease Analysis

Our team thoroughly reviews our clients’ leases and creates lease abstracts. Our goals are (1) to be as organized as possible, (2) maximize recovery income while implementing the upmost morally responsible and transparent methods using both our team’s integrity and Generally Accepted Accounting Principles, and (3) being prepared for any future event (such as an audit) so that there are no surprises for our clients.

Building Recovery Pools in MRI, Kardin, and Excel

Our team has vast experience with building extremely advanced and complicated recovery pools in MRI, Kardin, and Microsoft Excel. Our team has experience building recovery pools for retail centers with 100+ tenants, office buildings, and multi-use shopping centers with extremely complex lease verbiage. MRI and Kardin are very robust and advanced software programs, however some of the most difficult challenges using these programs is building recovery pools from scratch. Our team will put these together, as well as sanity check reconciliations in Excel.

Tenant Billing

We prepare CAM, Insurance, and Real Estate Tax Reconciliations using the lease abstracts and recovery pools that we have built. Our team has vast experience preparing reconciliations for office buildings, small centers with mom & pop tenants, large commercial properties containing a mix of big box & small in-line tenants, and mixed-use properties containing office and retail tenants.

Tenant Correspondence

We prepare the annual reconciliations for CAM, Insurance, and Real Estate Taxes and send all Tenants in the given center the notices of such reconciliation. Should the tenants have any questions, inquiries, or disputes, our team will correspond with them, answer any questions. Before responding to any dispute, our team will review the lease in detail and respond in an extremely reasonable and transparent method.

Tenant Audits

Our team has experience working both for a big-box retail tenant’s Lease Analysis and Lease Accounting teams and performing audits on its landlords, and for a Property Management company’s Property Accounting and Tenant Billing teams. Should a tenant request to audit the landlord’s annual CAM, Insurance, and/or Real Estate Tax reconciliations, our team will correspond with the tenant throughout such audit. Our team will review the lease agreement before responding to any such audit request.