Scope New management has taken over, they smell something is wrong with the numbers – especially in lease accounting. Challenge They do not want to rock the boat by testing it – so, not to reveal the purpose but to formalize the validation. Solution Re-abstraction was taken up; wherein abstract of current and future clauses, […]
Scope Company is in buying spree and there is good number of deals in the market – have to weigh the parameters and go with the best. Challenge Property size might be similar but number of Tenants will be way different – requiring high number of skilled resource for a short timeframe to perform due-diligence
Objective The Client owns and operates a Portfolio comprised of numerous Office, Industrial and Retail Properties throughout the United States. They turned to SQFT KS to conduct review of CAM billing for all the leases. Challenge The project presented challenges in complexity, size and scope. Reports were from various database and the Lease documents for
Objective The Client had acquired a 250 Tenant Portfolio. Would like to cleanse the data and load in Yardi before the rent-up cycle (less than a month). The Client contacted SQFT Knowledge Services (SQFT KS) to perform abstract task with limited Yardi User ID. Challenge Login cost, Timeline and utilization of existing data (of previous
Objective There was an Ownership change and the new management turned to SQFT KS to review and analyze the data in their Property Management System for their 600 odd branches. Additionally, require few fresh clauses to be captured from the Lease documents. Challenge Not a fresh set-up, nor a full-fledged audit. Will run over a
A commercial space requires upkeep and maintenance – if not for attracting footfalls (Retail – the B2C sector), at least to retain the operation (Office and Industrial – B2B sector). The upkeep and maintenance in the demised premises are usually requested by the Tenant and attended by the Property management team by deploying their vendors;
When, there is a space, there will be an owner – when there is a space, there is a usage. The person who wish to use / rent would discuss terms and negotiate a compensation. With all the growth happening throughout and for the limited capacity of individuals – an agreement is drafted out; (more
