Sentences with phrase «of lease expiration»

Ask your tenant 90 days ahead of the lease expiration whether they plan to stay another year.

So real estate properties with reasonably strong occupancy rates, creditworthy tenants and modest rates of lease expiration in the near future offer much better near - future yield prospects than stocks or bonds.

Forward - looking statements include, among other things, statements regarding future: production, costs, and cash flows; drilling locations and zones and growth opportunities; commodity prices and differentials; capital expenditures and projects, including the number of rigs employed and the number of completion crews; renegotiation of our credit facility; management of lease expiration issues; financial ratios; certain accounting and tax change impacts; midstream capacity and related curtailments; our ability to meet our volume commitments to midstream providers; ongoing compliance with our consent decree; and the timing and adequacy of infrastructure projects of our midstream providers.

In July 2003 occupancy at Arbor Mill Apartments in Norcross, Ga., hit 85 %, a 10 - point drop after a wave of lease expirations struck the 274 - unit property.

Not exact matches

By centralizing the management of leases and generating accurate portfolio data, we can track expirations, find opportunities to cut costs and renegotiate in your favor.

Furthermore, the organization's inventory of properties is available for access and can be searched by lease location, expiration, available space, state or congressional district, and senator or representative name (if federally owned or leased).

For the purposes of calculating NOI, the vacancy factor can be calculated based on current lease expirations as well as market driven figures using comparable property vacancies.

I had a lot of opportunities to remind myself not to take it personally as I neared the expiration of my lease with nowhere to go (ultimately, I moved in the day before my former lease was up).

The renewal is to be offered several months in advance of the expiration of the existing lease and at the rates set by the Rent Guidelines Board.

The Mahama administration, according to documents intercepted by Class91.3 FM and Class News, in May 2016 leased over four acres of «unnamed plots» of prime lands along the Sekou Toure Street, Ridge Residential Area in Accra, to former President Jerry John Rawlings at a yearly irrevocable rent of GHS10 for 99 years renewable for 50 years after expiration, for purposes of establishing the Rawlings Foundation.

Typically for a commercial gallery, the expiration of a lease prompted their decision to close after 41 years in the business, working with internationally acclaimed artists including Vija Celmins, Philip Guston and Harvey Quaytman.

Providing that this lease is in good standing, the lessee shall have the option to renew this lease for two additional further periods of 35 years upon giving written notice one year before the expiration of the term of this lease and the second term.

Provided that this lease is in good standing, the Lessee shall have the option to renew this lease for two (2) additional further periods of 35 years upon giving written notice one year before the expiration of the term of this lease and the second term.

Should Lessee remain in possession of the demised premises with the consent of the Lessor after the natural expiration of this lease, a new month - to - month tenancy shall be created between Lessor and Lessee, which shall be subject to all the terms and conditions hereof but shall be terminated on 58 days» or two rental periods, written notice served by either Lessor or Lessee on the other party.

Squire Sanders merged with Florida firm Steel Hector & Davis in 2005, recently announcing plans to close its legacy Tallahassee office in July after the expiration of its lease.

A rent charge lease could also last beyond the 2037 expiration deadline of rent charges.

Analyzed complex information regarding leases for over 5,000 royalty owners, including lease agreement expiration dates, and percentage of lease ownership by various stakeholders.

Run various reports though Yardi to track status of tenants, lease expirations and correct classification of expenses.

Prepared monthly financial statements and reported on status of properties, such as occupancy rates and dates of expiration of leases.

Prepared financial statements and reported on status of properties, such as occupancy rates and dates of expiration of leases.

Property Management — Duties & Responsibilities Coordinate regular maintenance and repairs as well as emergency resolution through the efficient management of maintenance team and general / sub-contractors, also participating in restoration and renovation projects to ensure timely completion within designated budgets Develop annual property budget and monitor with monthly variance reports, preparing financial statements and various regular and ad - hoc reports on property status, including occupancy rates and lease expirations Provide relevant oversight and administration to tenant build - outs, utility service termination and transfer, supply purchasing, and building consolidation processes Support firm management to aid in effective customer service, maintenance, and general property operations, delegating important tasks and assignments while overseeing all critical management aspects Organize, manage, and execute all aspects of the lease process, facilitating the ease of operational aspects as well as price / term negotiations, rental agreement reviews, rent collection, impounds, and tenant eviction as necessary Generate increased revenue through tenant referrals as well as consistent lease renewals through effective service and timely issue resolution Identify and develop talent among hired staff and property personnel, utilizing focused training efforts within a performance - based work environment designed to utilize the critical strengths of assistants, supervisors, and techs Provide continuous assessment of property usage and needs, while furnishing oversight and guidance regarding effective preventative maintenance programs, renovation considerations, and cost reduction / control measures Maintain a strong working knowledge of the leasing property, respective marketplace, and general economic trends Act as a liaison between clients, vendors, sales personnel, support staff, and senior management to facilitate information flow and drive operational efficiency

To demonstrate the calculation of the GRI consider a two unit property with the one unit (unit A) currently renting at # 500 per month with one more year before the expiration of the lease and the other unit (unit B) being vacant.

This means looking at the lease and all notices in change of terms and addendums to confirm that the security deposit, rental rate, move - in date, lease expiration, etc match the rent roll.

Jones Lang LaSalle reviewed federal leases from 2002 to 2011, and found that 77 percent of all GSA leases renew in place upon expiration.

They're seeking to sign longer leases with creditworthy companies before prices slide, renewing agreements well ahead of their expiration and offering concessions, including free rent and cash for space improvements, according to J.D. Lumpkin, a managing director at Cushman & Wakefield in San Francisco.

«This early renewal is consistent with our firm's proactive management of future lease expirations which has led to consistently high portfolio occupancy.»

I would stress that if she is able to continue making rent payments without his income she is welcome to stay until lease expiration, but you understand that it may be difficult and you will gladly let her out of her lease if she has difficulty paying for the rent.

For example, a very good multi-tenanted office deal with sequential expiration of leases might go with a spread of 180 - 200 basis points, but the average office deal is 20 basis points higher.

Depending on what type of software a company installs, that data may include leasing patterns, upcoming lease expirations, competitors» rents, and walk - in and Web traffic from prospective tenants.

If it was a 6 month lease or year lease that they were currently in, I would obviously just ask them to sign my lease at the expiration of the current one but for month to month I am not so sure.

Or see if the seller will carry the note long enough to get to the expiration of one of the leases.

Some of those sites have between 20 and 40 tenants, meaning landlords would have to do many buyouts or wait out lease expirations, according to Knakal.

However, the Form stated that unless tenant requests renewal prior to the expiration of the one year term, the tenant would automatically convert to a month - to - month lease, waive the automatic renewal for a one - year term right, and also waive the statutory right to revert back to a one - year term in the future.

In case of an anticipated downturn in the local economy, the investor may target properties of top - quality and location, high occupancy, quality tenants, and a staggered lease expiration schedule, in order to shield property income from such a downturn.

Corp. (184 A.D. 2d 763) verdict for balance of real estate commission affirmed, where broker procured 10 year lease pursuant to oral contract which was made after expiration of 1 year written exclusive agency agreement.

Depending on the size of your organization and current market conditions, you should begin this process 18 to 24 months prior to your lease expiration.

The May watchlist notes indicate that many of the center's retail shops have experienced weak sales and are expected to leave at the expiration of their leases or will require significant rent reductions in order to stay at the center.

Your Investment and Tenant Satisfaction Are Our Top Priorities.Spearheaded by real estate professionals with years of experience in the property management industry, our Asset Management team strives to maximize your investment by keeping your tenants happy, ensuring that they pay their rent on time, optimizing lease expirations and finding new tenants quickly.

j) For ninety (90) days following expiration of this Agreement, any cooperating broker shall continue to be entitled to the compensation described in this Agreement should Owner enter a lease or sale of Property or any interest in the Property to any ready, willing and able prospects procured regarding the Property prior to expiration.

For Wells, that means no more than 15 % of the REIT is invested in any one tenant, industry, real estate market or lease - expiration year.

Historically, one of the problems for sub-lessees has been the shorter term and the lack of assurance either with the head tenant or the building owner that the lease can be carried over after expiration.

A reversionary freehold is a property that has a lease at a rental rate below market, with a rent review coming up in some years ahead before the expiration of the lease.

As a source of leads aside (that all important lease expiration date!)

Morningstar's November «Watchlist» report includes loans held in commercial - backed mortgage securities with an elevated risk of default based on a number of factors, including building occupancy, upcoming lease expirations and the amount of debt the owner has on the property.