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Overview of Different Operating Expense Structures

Overview of Different Operating Expense Structures

by NLA Team | Apr 1, 2024 | Lease Administration, Blog, Leasing Tips, Lease Audit Services

In a commercial real estate lease, the operating expense structure outlines the costs associated with operating and maintaining the property. These expenses can include property taxes, insurance, maintenance, repairs, and utilities. Depending on the lease agreement,...

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Recent Law Firm Lease Audit Recovery Highlights

Recent Law Firm Lease Audit Recovery Highlights

by NLA Team | Mar 1, 2024 | Lease Audit Services

In the complex world of lease management, operating expenses represent a significant portion of a law firm’s real estate budget. Given their impact on a firm’s financial health, the review of operating expense statements through a lease audit becomes not...

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National Lease Advisors Surpasses $1 Million in Operating Expense Savings for Clients in 2023

National Lease Advisors Surpasses $1 Million in Operating Expense Savings for Clients in 2023

by NLA Team | Aug 1, 2023 | Blog, News, Lease Audit Services

National Lease Advisors, a leading provider of lease administration services, proudly announces surpassing the significant milestone of $1 million in savings for its clients during the year 2023.

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2022 CAM Budgets Exceeding Inflationary Pressure and Deserve a Closer Look

2022 CAM Budgets Exceeding Inflationary Pressure and Deserve a Closer Look

by Ed Muna | Feb 26, 2022 | Lease Administration, Blog, Lease Audit Services

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.

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Lease Audit:  Putting the 2020 CAM Reconciliation Under the Microscope

Lease Audit: Putting the 2020 CAM Reconciliation Under the Microscope

by Ed Muna | Jan 26, 2021 | Lease Audit Services, Blog

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.

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