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Tracking your Real Estate Leases in a Spreadsheet? Why it’s Time to Rethink an Age-old Practice
While lease administration software can be a useful tool, it’s not a replacement for the knowledge and support provided by a lease administration provider. If you’re looking to manage your leases more effectively, a lease administration provider is an important investment to consider.
If I Have Lease Administration Software, Do I Need a Lease Administration Provider?
While lease administration software is an essential tool for managing real estate leases, it is not a substitute for the expertise and services offered by lease administration providers. By partnering with a lease administration provider, companies can benefit from expert knowledge and support, customized solutions, lease audit recoveries, data management and analysis, risk management and compliance, and time-savings.
ASC 842 – Evaluating Renewal Options and the “Reasonably Certain” Threshold
For the adoption of ASC 842, and when future leases are added or modified, your team will need to assess whether a renewal option is “reasonably certain” to be exercised. “Reasonably certain” is intended to be a high threshold and reflects the existence of a...
2022 CAM Budgets Exceeding Inflationary Pressure and Deserve a Closer Look
At NLA, we do not think the pandemic is an excuse to lose control of expenses. Property managers owe it to their tenants to control the year-over-year costs.
8 Tips When Negotiating a Lease Amendment
Tips we have come up with to ensure your next amendment helps provide the clarity and protections a tenant needs.