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Tag: lease abstraction company

What-is-Lease-Abstraction-and-Why-is-it-Done
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Wednesday, 08 June 2022 / Published in Lease Abstraction, Real Estate
What is Lease Abstraction and Why is it Done
Any commercial property that is leased will have a lease document that outlines the property information. But people neither have the time nor the patience to read every single line of the document. Agree? That is how lease abstraction services took roots. A lease agreement is a document that contains hundreds and thousands of pages
lease abstraction companylease abstraction outsourcinglease abstraction partnerlease abstraction services
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How-lease-abstraction-can-help-navigate-the-dynamic-landscape-of-commercial-real-estate
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Monday, 07 February 2022 / Published in Lease Abstraction, Real Estate
How lease abstraction can help navigate the dynamic landscape of commercial real estate
The commercial real estate industry is slowly gaining its strength back. As per a recent survey, 55% of commercial tenants are looking at prioritizing long-term leases (5years and more), while 65% of landlords are expecting their tenants to demand additional space.   As the commercial real estate sector prepares for recovery and expansion, both tenants and
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Should-you-invest-in-a-software-or-outsource-lease-abstraction
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Monday, 10 January 2022 / Published in Lease Abstraction, Real Estate
Should you invest in a software or outsource lease abstraction?
Lease abstraction has emerged to be a critical process in managing lease portfolios efficiently. The summary of important and critical lease terms and clauses and relevant lease data allows property managers and landlords to access lease data quickly. This makes executing lease terms and making informed decisions easy and seamless.  With the growing demand for
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lease abstraction
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Tuesday, 02 November 2021 / Published in Lease Abstraction, Real Estate
Are you prepared with lease abstractions to comply with ASC 842 in January 2022?
Private companies are fast approaching the deadline of January 2022 for implementing the process to comply with the new lease accounting standard ACS 842. The intention behind this standard is to bring every operating expense on to the balance sheet that were previously off balance sheet.  What this essentially means is filling in all the
amendment abstractionlease abstraction companylease abstraction outsourcinglease abstraction partnerlease abstraction services
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Monday, 04 October 2021 / Published in Lease Abstraction, Real Estate
The criticality of accurate and timely lease abstraction in a volatile market
Commercial real estate is one of the worst hit industries in the wake of the pandemic. As work from home continues, with some companies opting to adopt that policy as a new way of working, many offices are actively reducing their infrastructure footprints. This is helping companies to save cost and optimize returns. According to
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Tuesday, 14 September 2021 / Published in Lease Abstraction, Real Estate
How to select the right lease abstraction service partner
Whether it is lease management, lease accounting or common area maintenance (CAM) reconciliation, one thing that is crucial in order to efficiently manage these processes is access to accurate and relevant lease data. The convenience of having lease abstracted in user-friendly formats that is easy to access and understand is simply unparalleled in this market.
lease abstraction companylease abstraction partnerlease abstraction servicesoutsource lease abstraction
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Top Lease Abstraction Frequently Asked Questions
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Monday, 19 July 2021 / Published in Lease Abstraction, Real Estate
Top Lease Abstraction Frequently Asked Questions
Lease abstraction is gaining immense popularity, and for good reason. It helps access every basic and critical lease information quickly that offers better visibility into the portfolio, enables informed decision making, and time management and administration of leases. It also allows timely compliance and accounting, thus greatly reducing any legal/financial risk. Lease abstraction, when done
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