A comprehensive appraisal of any business is what allows a law firm to prepare for and advise on real estate mergers and acquisitions, investments, and/or even litigations. A due diligence helps evaluate the commercial potential of a transaction and the factors affecting it. Without access to key financial, legal, and business data points, it would be difficult to conduct a thorough and targeted due diligence. Processes such as common area maintenance (CAM) audit, reconciliation, and lease abstraction play a key role in any transaction and due diligence related to commercial real estate leases.
Every law firm may not have a dedicated leasing team to handle all things related to commercial lease, in the absence of which, may law firms often tend to rely on generic forms and templates to extract and review lease information. However, templates are only helpful when dealing with smaller lease portfolios that follow a generic format. For managing larger and more complex lease portfolios, you need dedicated professionals who can offer timely and efficient services.
Managing and abstracting any type and scale of commercial real estate and equipment leases
Handling CAM audit and reconciliation for any commercial real estate lease portfolio, irrespective of scale and complexity
At Springbord, we understand the key role lease management plays in the process of due diligence, transaction management, and litigation. Combining our extensive industry experience and domain knowledge with our six sigma–based quality controls and process management skills, we offer legal support services for real estate lease management. These are designed to help clients enhance process efficiency, contain cost, and drive more strategic outcomes. Our services can be bundled to meet your business-specific requirements and budget.
Our services include