Lease Administration Services

Welcome to our Lease Administration Services

We recognize SaaS (software as a service) and A.I. (artificial intelligence) are incredibly important technologies that CRE Companies is also heavily involved in.
However, in our experience, technology continues to lack the experience needed to manage a real estate department and portfolio. Often times the individuals utilizing the software may not understand key lease terms which can result in major mistakes.
An example would be understanding the difference between a Lease Date, Delivery Date, Lease Commencement Date, Rent Commencement Date; how each of those dates might impact rent escalations and term, and potentially misunderstanding the Lease Termination Date and Option Exercise Dates and other key dates in the lease.
CRE/Companies’ Lease Administration Services serves to supplement or create a third party real estate division for your organization.
Many of our clients are already using similar strategic partners to outsource HR, IT, Accounting, Legal, etc.
In addition to storing leases and tracking key dates, CRE/Companies’ Lease Administration Services provides a real estate team to:
- Interface with Landlords
- Track Rent/CAM/Tax/Ins/Percentage Rent/Additional Rent charges and payments
- Audit the Landlord charges
- Resolve questions and disputes with Landlord
- Report Gross Sales
- Provide insight into future lease options, renewal extensions, and site dispositions.
CRE/Companies is the real estate department retailers and restaurants can rely on.