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.

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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.

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industry
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lease abstracted
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time and cost
savings
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accuracy on dates
and dollars
Real Estate Lease Management

Watch our end to end
contract migration video
Real Estate Lease Management

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.

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.

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    Client & Prospect

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    Achieve Business Scale

    Our extensive expertise in Real Estate Management is the stalwart for the success of your growth strategy, which needs to be constantly improved to be in tandem with evolving Lease Administration process. With the virtue of AI-powered tools and purpose-built processes, Cenza is at an advantage to bring your Lease Management Strategy to reality. It implies you have better visibility of your portfolio, its performance, and risks. And, you gain an edge by making informed decisions powered by data and diligence.

    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.

    Real Estate Lease Management

    The impact of our comprehensive services delivered by the best of talents with the aid of AI tools.

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    Industry
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    Projects
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    Cost Savings
    for clients

    Cenza is one of Leverton’s preferred partners for lease abstraction services. Over the last couple of years of our relationship, Cenza has shown tremendous ability to deliver a large volume of real estate and capital asset leases on time while meeting the quality standards. Their abstraction and validation of the AI extracted data is continuously improving Leverton’s deep learning platform and helping customers make the most of it

    Vyom Gupta

    COO, Leverton, New York, United States
    Real Estate Lease Management

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