With many companies in cost-savings mode and fighting to get through this COVID-19 recession, there has never been a better time to review and validate operating expense charges for accuracy and ensure they comply with the lease. The process is simple, the savings can be significant, and tenants have nothing to lose by practicing this exercise.
San Diego, California / January 19, 2021 – National Lease Advisors, Inc. today announced the recent addition of Craig Henderlite as Vice President. Craig will focus on client solutions, portfolio management, and expanding National Lease Advisors’ broker relationships as part of the firm’s strategic alliance program.
National Lease Advisors offers a turnkey solution that brings together lease administration and accounting systems to ensure a successful ASC 842 adoption for any company with a portfolio of leases.
San Diego, California / December 1, 2020 – National Lease Advisors, Inc. announced the recent addition of Chloe Christensen to the team as a senior lease administrator. Chloe will act as a lead advisor within the company’s lease administration division.
Welcome to the first in a series of articles to help companies prepare for the challenges of adopting the new ASC 842 accounting standard. In this post, I explain why it takes a team approach and give my thoughts on who should participate based on my past experience.
Every private company in the United States that prepares financial statements according to GAAP standards must adopt the new ASC 842 lease accounting standard. Here’s what you need to know before you get started.
In this Q&A with Commercial Property Executive, National Lease Advisors President Ed Muna talks about NLA’s unique business model serving small-to-midsize companies, his 30 years of experience in the industry, and what he sees for the future.
With companies looking for ways to control costs and save money, many are turning to their commercial real estate obligations. While looking for ways to re-negotiate or exit unneeded space is the first thing that comes to mind, many companies are missing an opportunity to utilize lease administration to save money by better managing one of the largest expenses on their financial statements.