Sentences with phrase «tenant lease expirations»

Not exact matches

Easily model complex lease structures with expirations, reimbursements, rent escalations, leasing commissions, tenant improvements, and more.

Easily handle complex lease terms with changing rent escalations, lease expirations, reimbursements, tenant improvements, leasing commissions, market leasing assumptions, and even renewal probabilities.

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

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

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.

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.

One should also focus on the commencement and expiration dates on current tenants leases when acquiring retail commercial property.

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.

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

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.

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.