A Different Vision from the Start
When National Lease Advisors launched in 2020, cofounders Ed Muna and Michael Muna set out to offer something different to the corporate real estate world.
Lease administration and lease accounting were not new concepts. But the level of service in the market often fell short. Large global firms and smaller providers treated lease administration as an afterthought. Their priority was brokering lucrative lease and sales transactions.
Many tenants received only the minimum effort needed to maintain a brokerage relationship. Accounts were understaffed, and much of the work was outsourced offshore. NLA believed companies deserved better.
Redefining Lease Administration
From the start, NLA focused on quality over shortcuts. Rather than applying a cookie-cutter model, the team tailored solutions to each client portfolio.
That commitment has fueled rapid growth. In just five years, NLA surpassed competitors that had operated for decades. While many rivals shifted the majority of work offshore to cut costs, NLA chose to keep service in-house. The team believed that protecting quality and timeliness outweighed short-term profit boosts.
A Team Built for Long-Term Success
NLA’s greatest asset has always been its people. The firm uses a team-based approach for every client engagement.
“One common frustration we hear from clients who switched to NLA is the constant turnover they experienced with past providers,” said Michael Muna, executive vice president and co-founder. “At NLA, stability sets us apart. In five years, with a team now grown to 20 professionals, not a single lease administration teammate has left the company.”
Growth Fueled by Client Referrals
Early on, NLA relied on business development, LinkedIn outreach, and close professional networks to build its client base. Today, referrals tell a different story.
“Clients now recommend NLA to their peers as a trusted partner for lease administration and lease accounting,” said Ed Muna, president of National Lease Advisors. “Even tenant-representative brokers, both regional and global, now refer business to NLA. Instead of keeping the work in-house, they recognize that NLA can deliver specialized support while they maintain the brokerage relationship.”
National Recognition on the Inc. 5000
In 2025, Inc. recognized NLA’s growth by ranking the company in the top 1,000 of the Inc. 5000. This recognition reflects the team’s hard work and the trust placed in NLA by its clients.
For NLA, the milestone is not just about growth. It signals a shift in the industry. One where quality, consistency, and expertise matter more than shortcuts.