Real Estate Lease Management
Build a winning growth strategy with
a reliable process and people
Real Estate Lease Management
Lease Management can be termed as the synonymity of the Real Estate industry because that’s the significance it holds in enabling effective asset management and increased profitability. As a Real Estate Property Manager, you deal with multiple leases and subleases, tracking the renewal dates, vacancies, delinquencies, and most importantly, generating common area maintenance (CAM) reconciliation statements. Adding to the process demands, you need to ensure compliance with the various lease accounting standards.
Effective Lease Management is a result of robust processes and the right experts, supplemented with a cutting-edge tool. That’s what Cenza promises with its Real Estate Lease Management. Our expertise and assistance will be of great in strengthening your Commercial Lease Management Infrastructure and amplifying your business success. So, leave this labor-intensive at the hands of our experts to reduce the overheads, optimize the lease administration process, and effectively manage your assets.
Lease Management
An optimized Lease Management facilitates better risk management, ensures compliance, and builds operational agility. Adopting software is not the one-shot answer for all your Lease Management challenges, be it easing the administrative hassles or streamlining the process. Most importantly, you need better visibility of your lease portfolio and the overall performance to avoid unintended tripwires and defaults. To achieve this, your Lease Administration system should be integrated with the insights it needs to keep you informed of lease-related obligations, asset utilization, and hidden opportunities.
Cenza’s full range of Lease Management offers everything you need for a worthwhile Lease Portfolio Management. We have been working with property owners, property management firms, real estate investment trusts, commercial establishments, retailers, and office space vendors to bolster their Lease Administration process. Adding the ability to precisely monitor every lease indeed goes a long way in improving your business’s financial health.
Inferring the Uncertainty
Tackling the challenges to calibrate your Lease Management
When state-of-the-art technology meets people with an impeccable process, it leads to incredible outcomes. Our metrics are a clear case in point.
industry
in 3 years
savings
and dollars
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Our Promise!
Leases today undergo a lot of scrutiny with changing norms and standards. Cenza assists you in keeping pace with the evolving trends and norms in the global Real Estate landscape. Here is how we won our customers’ trust and built a lasting relationship.
Be in the know
to provide you easy access to the
key details for audits, compliance
checks, and strategic decisions.
Achieve Savings
As your Lease Management process gets
streamlined, it results in huge
savings in administrative time
and costs.
Stay Vigilant
With the insights offered, you can
effectively forecast business
growth and analyze the factors causing
risks and revenue loss.
Increase ROI
Swift access to actional information
gives you an edge to increase
your profits and identify opportunities
for a higher return on investment.
Our Approach
Lease Administration is a strategic task in Commercial Real Estate, but it needs exclusive expertise to accomplish the mission. While the high-level tasks can be managed by your in-house team, they need the assistance of process experts in gaining access to critical information for strategic decisions. Cenza’s Lease Management services encompass everything to enable better governance of your lease portfolio.
Lease Review &
Abstraction
Monitoring multiple terms in a number of contracts requires
rigorous review and analysis. You can achieve accuracy in the
process, provided all the key lease terms and provisions
are captured, standardized, and organized to enable quick access.
Our Lease Review & Abstraction will transform the unstructured
data into a simplified format to help you easily deduce a lease’s
performance and the action needed.
Lease
Administration
Your lease portfolio comprises a horde of leases and terms
to be tracked. Cenza helps you in establishing a powerful lease
administration system to get notified of the dues, deadlines,
and obligations on time. It facilitates direct communication
to keep your tenants and other third parties informed on
notices and other updates.
Lease
Accounting
It is not only time-consuming but needs extreme diligence to avoid
even minor errors. You can further your accounting team’s efficiency
with our experts on board to effectively manage Accounts Payable,
Accounts Receivable, and General Ledger. With expertise in various
accounting systems, such as MRI, Yardi, and JD Edwards, and platform
integration, we are indeed the destination for all your
Lease Accounting needs.
Lease
Validation
With the evolving norms in lease administration, a thorough analysis
of each lease is imperative. Thus, our Lease Management experts
verify all your lease types for compliance with IFRS and
FASB accounting standards. As a part of the validation process,
we provide a detailed report comprising all the data points
of strategic importance.
CAM
Reconciliation
Common area maintenance charges make up the major
share of operating expenses, such as ongoing maintenance
and need-based servicing. Assessing the CAM charges of
all the assets by taking various factors into account
is indeed time intensive. Besides, a minor discrepancy
could cause a huge loss for a prolonged time. Thus, Cenza
takes complete charge of precisely analyzing the CAM
charges for different properties, ensuring compliance,
and maximizing your profits.
CAM Audit
We execute the audit from the perspective of property
owners and tenants as well. Because an ethical
calculation for a fair share of CAM expenses helps
in building trust and long-term partnership. Therefore,
Cenza does a neutral cost computation to eliminate any
miscalculations, help tenants comprehend the process,
and simplify the CAM charges recovery.
Clients & Partners
Winning a client or a partner is an illustration of exclusivity in service, the imperative role of technology, unparalleled
attention to quality, and commitment to delivering sustainable value. The growing list speaks volumes.
The impact of our comprehensive services delivered by the best of talents with the aid of AI tools.
outsourcing
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Delivered
processed per
year
for clients
Case Studies
Outsourcing word processing represents low-hanging fruit for law firms that want to achieve operational cost savings.
It is a low-risk strategy, implemented in a relatively short time frame. Discover how Cenza can help your firm capitalize
on this cost-saving opportunity.
