CAM/TAX/INS Reconciliation
CAM reconciliations can be a complex, cumbersome and time-consuming process, leading to accounting errors and possible financial loss. AS Blaze offers year-end CAM, Real Estate Taxes and Insurance reconciliation services that enable you to recover your expenses accurately and effectively. Our financial experts allocate recoverable expenses across tenants precisely, improving receivables, in compliance with the lease.
Lease Desktop Audits
We are specialized in reviewing Commercial Real Estate Leases and conducting Lease audits of Rent, Common Area Maintenance (CAM) expenses, Operating Expenses, and real estate taxes to generate significant financial savings on behalf of Tenants.We fix complex billing problems. We help commercial tenants recover rent expense overpayments and prevent ongoing operating expense overcharges that are based on inaccurate billing methodologies or impermissible lease charges. Examines all costs associated with your lease to identify billing discrepancies. Our proven processes recover overcharges and reduce lease spend, helping to ensure that all charges billed to you are compliant with your unique lease terms.
Expense Trend Analysis:
Perform trend analysis to calculate the percentage change for one account over a period of time of two years or more.
Rent Roll Audit
We perform Rent roll analysis ensuring the rent payments, including any other Additional Rent and Utilities against the Legal documents (Lease agreements and any amendments). The Rent roll analysis report will provide insight of the discrepancies. Rent roll analysis is essential for future improvements.
Ongoing Lease Administration
We offer comprehensive Lease Administration services to support Commercial Real Estate companies, Property Managers and Real Estate Investment Trust. We assist to optimize portfolio management while adhering to compliance. Our Lease Administration Services include Lease Abstraction and Ongoing Maintenance.
The ongoing administration of all the Lease events including Critical Dates tracking, Incorporation of Lease Amendments/Modification is vital. It enables to take appropriate action for any events like renewal, termination, payment due and follow-up.
Prior Alerts will be sent to respective point of contact which facilitates to act upon: may it be Payment due follow-up, Invoice processing, negotiating lease renewals, hassle-free termination.
We also do:
- Tenant Move-in, Move-out, Termination and other amendment updates
- Tenant gross sales update and percentage rent calculation
- Critical Dates Monitoring: Track and flag the critical dates.
- Tenant Notice Processing/Correspondence review and update
- Liasoning services: Mailing letters to Tenant for lease obligations alerts and communication.