The present and future of lease administration challenges

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Lease administration is the process of gathering critical data from leases and configuring them in a centralized system. The activities involved are lease review and abstraction, cam audits, certificate of insurance management, important document storage and maintenance, critical dates monitoring, operating expenses review etc. Effective lease administration helps to limit costs, mitigate risk, monitor contractual obligations and ensure compliance with legal regulations.(more…)

Building on significant growth in 2018, America’s leading lease abstraction company, RE BackOffice (REBO) looks forward to an exciting 2019

New service lines, expanded target industries, and broadening partnerships with existing clients are expected to be the highlights for REBO this year

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Friday, 15th March, 2019, Pittsburgh, PA: In 2018, apart from working with industry leading clients on lease abstraction and marketing services, REBO focused on growing its commercial lease administration services. New partnerships with commercial lease management firms allowed REBO to offer the service on a larger scale.(more…)

What is lease administration

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Lease administration is the process of gathering critical data from leases and configuring them in a centralized system. The activities undertaken help in cost savings, mitigate risks, improve RE portfolio as well as ensure compliance with legal regulations.(more…)