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.
National Lease Advisors President, Ed Muna, shares lessons learned from helping public companies adopt the new ASC 842 lease accounting standard.