Retail Market Trends to Look for in 2023
The commercial real estate retail market has undergone significant changes in recent years, with the rise of e-commerce and changes in consumer behavior driving new trends. Here are some of the key commercial real estate retail market trends to watch in 2023....
Leasing Tips: It’s Time for 2023…Base Years
As we enter the final stretch of 2022, we want to remind tenants and their brokers to push for a 2023 Base Year on new leases and extensions. As lease administrators and tenant advocates, it can be frustrating to see a client commit to a new or extended term that...
National Lease Advisors Recruits Big Four Accountant to Grow Lease Accounting Division
National Lease Advisors Inc. recently announced the addition of Amanda Muna to the team as a lease administrator. Amanda will take on a leadership role and help manage the firm’s fast-growing lease accounting services. Amanda joins National Lease Advisors from the...
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.