Services

Lease Due Diligence

      • Comprehensive lease review and abstraction
      • Lease data verification and rent roll validation
      • REIT income abstraction
      • Property and portfolio discrepancy analysis
      • Flexible reporting options, including summary of Renewal Options, Termination Rights, SNDA provisions and more
      • Service contract and loan document abstraction

Financial Due Diligence

      • ARGUS™ and cash flow modeling
      • Net Operating Income (NOI) analysis
      • Historical operating statement review
      • Comparison to current operations
      • Detailed variance analysis

CAM / Operating Expense Reconciliations

      • Preparation of CAM / Operating Expense reconciliations
      • Verification of OPEX methodology computations
      • Property expense calculations and validation
      • CAM dispute challenges and resolutions

Lease Administration

  • Outsourced tenant lease administration
  • Establishment of processes for all functions
  • Implementation of procedures and controls
  • Perform monthly rent process, including management of all rent A/P and A/R functions
  • Determine client informational needs and create supporting report regimen
  • Specialized administration of sublease-accounts receivable management and landlord-tenant disputes

Estoppel certificate analysis

          • Analysis of executed estoppel certificates
          • Preparation of tenant lease vs. estoppel discrepancy analysis
          • Coordination of estoppel coverage with loan requirements
          • Preparation and review of draft estoppels
          • Work in tandem with loan officers and/or legal counsel

National client base / US-based team

      • Partner to many corporate and retail entities with leasehold interests in real estate 
      • Annually review and analyze over 10,000 real estate leases, service contracts and management agreements
      • Group is comprised of attorneys, CPAs, and finance/lease-based real estate professionals
      • In-house capability (exclusively U.S.-based) assures smooth transition and consistent methodology

Real Estate Industry Experience

Our professionals have experience in all asset classes:

Office
Industrial
Retail
Multi-family housing
Cell Towers
Medical Office
Hospitality

Representative Clients

Owners / Operators / Brokers

Pension Fund Advisors, Private Equity / Sovereign Wealth Funds, REITs, Government Entities (State and Federal), National brokerage firms

Lenders / Investment Banks

Life Companies, Wall Street Investment Banks, Other Banks / Lenders, Mortgage REITs

Corporate Tenants

Law firms and professional services firms, Cell tower providers, Health care companies