CRESA Lease Administration
Implementation (standard). Managed Services. Referral.
Non-Profit Organizations. Private Corporations. Public Corporations.
Overseen. Never overlooked.
With a tenured and experienced team, we bring extensive knowledge and best practices to day-to-day lease administration and accounting processes. From single lease abstracts to the integration of a complex global portfolio, our experts can help you explore the opportunities that come from having well organized and up-to-date data at your disposal.
Critical date tracking
We provide regular reporting on all critical dates to ensure nothing is overlooked. Our dedicated account resources work with you to review upcoming options, LEDs, terminations, expansions, consolidations, rent reviews and more.
Invoice validation
We ensure all invoices comply with the terms of your lease before approving and relinquishing payment.
Lease accounting
We ensure the financial impact of your leasing activity is accurately reflected on your financial statements.
Lease audit & enforcement
Acting as your advocate, we’ll review past and current landlord billing practices to ensure compliance and achieve cash recovery and cost avoidance.
Lease data tracking
Our dedicated account resources provide accurate abstracting, monitoring and reporting for your portfolio.
Cresa is the world’s only global commercial real estate advisory firm that exclusively represents occupiers and specializes in the delivery of fully integrated real estate solutions. Our purpose is to think beyond space, strengthening those we serve and enhancing the quality of life for our clients. Delivered across every industry, Cresa’s services include Transaction Management, Workplace Solutions, Project Management, Consulting, Lease Administration, Technology, Investment Banking & Capital Markets and Portfolio Solutions. With over 1000 employees in more than 50 offices throughout North America, Cresa partners with occupiers everywhere. For more information, please visit cresa.com.
Features and Benefits
Embedded lease management
Separate the contract into its lease and non-lease components and allocate consideration to each.
Third-party integrations
Integrate data into Visual Lease and export lease data into any system with secure managed file transfers and real-time APIs via the Integrations Hub.
CAM/OpEx auditing
Set up rules for your lease expenses, and audit them against invoices to track inappropriate charges and ensure you do not overpay for invoices or statements.
Currency calculations
Manage unlimited currencies and convert to a single currency when running reports.
