Lease Audit: Putting the 2020 CAM Reconciliation Under the Microscope
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.
National Lease Advisors Announces Addition of Craig Henderlite
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 Turnkey Lease Administration Solutions for ASC 842
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.
National Lease Advisors Announce Recent Addition of Chloe Christensen
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.
Commercial Real Estate Insider: Tenants Seeing Success Challenging 2021 CAM Budget Increases
With 2021 around the corner, commercial property owners have begun sending tenants updated operating expense charges for the new year (“CAM charges”). What many tenants are finding very surprising is that in a time when they need to cut back on expenses...
Bringing Your ASC 842 Team Together
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.
Tasked With an ASC 842 Adoption? Let’s Start With the Basics
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.
Q&A: Lending a Hand to Small, Midsize Businesses
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.
7 Benefits of Lease Administration
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.