LPRD CAN ASSIST CLIENTS ON A PER-PROJECT BASIS OR WORK WITH CLIENTS ON A REGULAR BASIS TO AUGMENT THEIR CURRENT STAFF.
Our support services fit seamlessly within clients’ regular operations. By working with LPRD, clients can rely on the full suite of resources, accessing those services on an “as needed” basis. This flexibility reduces expenses and allows for growth or reduction of services as a client chooses to scale their business.
Lease administration services help to ensure the accurate administration of all facets of leases including managing critical dates, rents, real estate taxes, property insurance, common area maintenance (CAM) charges, tenant improvement allowance reconciliation and recovery, etc. LPRD assists clients by evaluating and organizing all aspects of the lease in order to fully realize revenue and efficiencies. With substantial technologies and platforms in place to deliver lease administration services, LPRD excels at streamlining processes and improving the corporate bottom line.
LPRD is adept at inputting all relevant lease information into various property management software. Our experts are proficient in the use of MRI, Yardi and other industry-leading software used for property management.
LPRD successfully utilizes Argus software to prepare cash flow projections, transaction analysis and asset valuation.
LPRD populates Estoppels/SNDAs with accurate lease information, mails completed documents to each respective tenant, and facilitates the tenant’s execution of the Estoppel/SNDA.
LPRD helps owners create Offering Memoranda for properties that are to be sold.
LPRD offers limited financial due diligence for potential 1031 properties.