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Real
Estate Lease Audit Solution |
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Real estate occupancy expenses typically represent the second largest cost of doing business for most companies, followed only by personnel expenses. Partnering with CRS and our lease audit team is the first step towards streamlining and controlling the costs associated with leased real estate assets.
With today's complex commercial
property leases, it is imperative to scrutinize the rent of
the firm leasing the space.
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The following areas are included in the Lease Audit: utilities, common area maintenance (CAM) charges, operating expenses, and tax billings. The audit ensures that they are administered in accordance with all lease provisions. Utilizing the experience of real estate experts, CRS performs a comprehensive audit of your lease portfolio and records to identify and recover overcharges. |
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our solution is founded on 5 key areas of service excellence: |
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Experience |
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Our consultants' depth of knowledge
and experience is unmatched. CRS has
recruited a seasoned team of real estate professionals
that includes former property managers, real estate controllers,
institutional asset managers, CPAs, architects/engineers,
and property tax experts. Our broad set of skills enables
us to address a multitude of issues affecting a tenant's
occupancy while maintaining the integrity and sensitivity of the tenant/landlord relationship. |
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Process |
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| CRS utilizes a 3-step approach
to lease auditing. |
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The first step begins with a lease portfolio review
and a preliminary analysis of each property's rent
charges and expenses. CRS can determine whether the
audit of a particular property is likely to produce
recoveries, estimate the magnitude of those recoveries,
and prioritize facilities requiring a full on-site
audit. |
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An actual audit of the occupant's records is then
undertaken and a report detailing specific overcharges
is prepared. |
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Negotiation of the recovery is the final step.
Our professional approach as well as our experience in negotiating
politely and fairly with landlords ensures rapid
resolution of any refunds. By understanding the sensitive
nature of tenant/landlord relationships, CRS works
creatively to identify solutions and reach mutually
acceptable settlements of all disputes. |
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Performance |
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Our track record is results-driven.
With thousands of lease and facility audits successfully
completed over the past 10 years, our clients are assured
of receiving the highest level of performance while achieving
the maximum savings and efficiencies from their real
estate portfolio. |
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Value |
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Aggressive management of real estate
expenses helps optimize the value of your lease portfolio.
This value proposition delivers a strategic and competitive
advantage. |
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Loyal Representation |
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CRS is not affiliated with any real
estate brokerage or public accounting firm and does not
perform services for building owners or managers. This
independence allows for unbiased disposition of all lease-related
cost issues and eliminates any potential conflicts of
interest. |
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Sales
and Use Tax Service |
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You may be overpaying sales and use
taxes and not taking advantage of all the tax exemptions
and rate reductions your company is entitled to. CRS
will help you identify missed opportunities and refund
potential, and will improve tax compliance procedures on a
prospective basis. |
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Cost Segregation Study |
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Companies that own their buildings can
increase their cash flow by accelerating depreciation
deductions and deferring federal and state income taxes
through a Cost Segregation Study. Click
here to learn more about Cost Segregation. |
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| Our non-intrusive services can be initiated with
no up-front fees or charges. Our performance-based compensation
is contingent on results and calculated exclusively on a share
of recovered costs, refunds, and credits. |
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| Start realizing your savings today! Contact
Us for your FREE consultation and analysis! |
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