Expanding Knowledge 2015: Educating To Improve Profitability
When: September 27-30, 2015
Where: Orlando World Center Marriott
Retailers and commercial tenants from across the country are making plans to send their lease administration teams to NRTA's 2015 Annual Conference. This year's theme, Educating to Improve Profitability, is expected to draw nearly 500 real estate lease professionals who want to improve their efficiency within the areas of lease management, and maximize their cost recovery skills.
The conference curriculum will include 52 courses and 14 small group discussion sessions over the three-day learning event. Presentations feature leading experts in real estate legal, occupancy cost, lease administration, professional development, office tenant practices, and real estate management. read more
The Battle With Landlords Over CAM Charges (part 2)
This article is the second in a two-part series dealing with the issues that representatives of retail tenants should consider when negotiating provisions regarding common area maintenance (CAM) charges in leases. The aim of this article is to examine general concepts and guidelines to better arm retail tenants for negotiating the definition and parameters of the tenant’s share of CAM costs in leases. NRTA member and education presenter C. Gregg Ankenman, Esq., of Wendel, Rosen, Black & Dean, LLP explores some of these issues in the second of two parts in his CAM Wars article. read more
Adding Value with Ad-Valorem Taxes
by Rick Burke; Lease Administration Solutions, LLC
If you compare all the areas of a lease audit, whether it is the common area maintenance or operating cost, insurance, rent percentage, or rents, real estate taxes are by far one of the most interesting areas to review. The major reason is that the auditor is not dependent on the landlord for most of the information needed for the review. read more...
The Notwithstanding Clause and the Unknown Defense
by Rebekah Fisher, Esq.; Fisher Matthews PLLC
In Claire’s Boutique, Inc. v. Brownsburg Station Partners, LLC, 997 N.E.2d 1093 (Indiana 2013), the Indiana Appellate Court examined an operating co-tenancy provision contained in a shopping center lease. The shopping center consisted of two anchor retail spaces that were part of two multi-tenant buildings. The parties entered into a Lease for 1500 square feet of inline space for a 15 year term.
The Battle With Landlords Over CAM Charges
Every retail lease administration professional is all too familiar with the battle with landlords over common area maintenance (CAM) charges. Many issues come into play when negotiating what is in and what is out of CAM costs passed through to the tenant. NRTA member and education presenter C. Gregg Ankenman, Esq., of Wendel, Rosen, Black & Dean, LLP explores some of these issues in the first of two parts in his CAM Wars article. read more