2025 Operating Expense Reconciliation: A Guide for Commercial Tenants
At the start of each year, commercial tenants receive their operating expense reconciliation statement for the prior year. This document shows the actual costs your landlord incurred to operate and maintain the property and it determines whether you owe additional...
A New Year of Clarity, Control, and Confidence in Lease Administration
As the new year begins, it brings more than a fresh calendar. It brings a renewed opportunity to reflect, refine, and reset priorities. For many organizations managing multi-location lease portfolios, this time of year is ideal for taking a closer look at lease data,...
Capital Expenses in Commercial Leases: How to Avoid Surprise Costs
Capital expenses in commercial leases can create major financial surprises for tenants. At National Lease Advisors (NLA), our lease administration and lease audit team regularly identifies situations where landlords rely on loose lease language to pass through...
AI Is Reshaping Commercial Real Estate: What You Need to Know
From site selection to lease administration, artificial intelligence is transforming every stage of the CRE lifecycle, and 2025 marks a turning point. The team at National Lease Advisors recently returned from the CoreNet Global North America Summit, where we...
Key Lessons for a Successful ASC 842 Implementation
ASC 842 implementation lessons