Americas
Europe
Middle East
The Newmark Lease Administration team offers comprehensive insights and strategic planning for portfolios, advanced technology solutions, and swift, detailed reporting. We help clients manage lease contract data, compliance, rents, and audits.
Our team is versatile and skilled with technologies popular in each segment. We generate accurate estate and equipment lease accounting data in compliance with FASB Topic 842 and IFRS16 standards.
Discover and resolve landlord overcharges, prevent unnecessary lease extensions, and integrate our services so as to best capitalize on market opportunities and generate return on investment. Below is a comprehensive overview of our Lease Administration services.
Advisory services for clients who leverage their own workforce.
Abstraction and management services which include several checks and reviews to ensure data accuracy.
Services performed by dedicated cost control team to minimize client rent and ensure that landlord billings associated with pass through rent is correct and consistent for each lease.
Services which safeguard a smooth, seamless change process, regardless of portfolio size or complexity.
Services which track critical data for each property and provide required notifications.
Both standardized and fully customized reporting to meet the business and reporting needs of each client.
Verification, payment and reporting of lease-related financial obligations.
Invoicing and collection of subtenant rent.
Support services and technology systems to ensure compliance with lease accounting rules.
Utilize our multi-platform expertise to review, select and implement optimal lease administration technology for each client.
We recognize the importance of quality data and have structured our teams to ensure the capture of accurate and complete information, as well as to mitigate potential risks.
Our ability to find and resolve landlord overcharges, avoid unnecessary lease holdovers and capitalize on real estate market opportunities delivers a high return on investment.
Our lease analysts have an average of 15+ years of real estate experience with cross-functional backgrounds in property management, accounting, corporate real estate and real estate law. We become an extension of your company so that you can focus on your core business strategies.
Our methodology and our people are critical components of our success. Together with our clients, we establish Key Performance Indicators (KPIs) to measure overall quality and performance. Clients have the opportunity to evaluate the service levels they receive on a monthly, quarterly and yearly basis.
