Commercial Property Management Accounting

Commercial real estate—encompassing office buildings, retail centers, and industrial parks—presents a unique set of financial complexities. Unlike residential properties, commercial leases are often highly customized, featuring intricate clauses regarding Common Area Maintenance (CAM), varying escalation rates, and percentage rent calculations. We provide the specialized accounting expertise necessary to navigate these complexities.

Mastering Commercial Real Estate Nuances

A single miscalculation in a commercial lease can result in thousands of dollars in lost revenue over the life of the contract. Our team of accounting professionals is deeply versed in the nuances of commercial property management. We ensure that your billing is flawless, your expenses are tightly controlled, and your balance sheets reflect the true value of your assets.

Core Commercial Accounting Services:

• CAM Reconciliations: Meticulous tracking, calculation, and billing of operating expenses, taxes, and insurance to tenants, ensuring compliance with every specific lease agreement.
• Lease Abstracting & Administration: Thorough review and integration of lease terms into your accounting system to guarantee that rent bumps, CPI escalations, and percentage rents are billed accurately and on time.
• Capital Expenditure (CapEx) Tracking: Precise categorization between operational repairs and capital improvements, ensuring proper depreciation schedules and tax compliance.
• Accounts Payable & Receivable: Robust management of vendor contracts, large-scale facility maintenance invoices, and stringent AR aging tracking to maintain healthy cash flow.
• Advanced Financial Reporting: Delivering institutional-grade financial statements, variance analysis, and cash flow forecasting for demanding equity partners and lenders.

Strategic Growth and Valuation

Our goal is to protect and enhance the value of your commercial assets. With our rigorous accounting processes, you can confidently approach acquisitions, dispositions, and refinancings knowing your financial data is unassailable. Let us handle the numbers so you can focus on leasing, tenant relations, and portfolio expansion.