Blog & Case Studies

When, there is a space, there will be an owner – when there is a space, there is a usage. The person who wish to use / rent would discuss terms and negotiate a compensation. With all the growth happening throughout and for the limited capacity of individuals – an agreement is drafted out; (more […]

A commercial space requires upkeep and maintenance – if not for attracting footfalls (Retail – the B2C sector), at least to retain the operation (Office and Industrial – B2B sector). The upkeep and maintenance in the demised premises are usually requested by the Tenant and attended by the Property management team by deploying their vendors; […]

Objective There was an Ownership change and the new management turned to SQFT KS to review and analyze the data in their Property Management System for their 600 odd branches. Additionally, require few fresh clauses to be captured from the Lease documents. Challenge Not a fresh set-up, nor a full-fledged audit. Will run over a […]

Objective The Client had acquired a 250 Tenant Portfolio. Would like to cleanse the data and load in Yardi before the rent-up cycle (less than a month). The Client contacted SQFT Knowledge Services (SQFT KS) to perform abstract task with limited Yardi User ID. Challenge Login cost, Timeline and utilization of existing data (of previous […]

Objective The Client owns and operates a Portfolio comprised of numerous Office, Industrial and Retail Properties throughout the United States. They turned to SQFT KS to conduct review of CAM billing for all the leases. Challenge The project presented challenges in complexity, size and scope. Reports were from various database and the Lease documents for […]

Scope Company is in buying spree and there is good number of deals in the market – have to weigh the parameters and go with the best. Challenge Property size might be similar but number of Tenants will be way different – requiring high number of skilled resource for a short timeframe to perform due-diligence […]

Scope New management has taken over, they smell something is wrong with the numbers – especially in lease accounting. Challenge They do not want to rock the boat by testing it – so, not to reveal the purpose but to formalize the validation. Solution Re-abstraction was taken up; wherein abstract of current and future clauses, […]

Scope Acquisition of portfolio is finalized with sample of 5% abstracts – remaining 95% to be abstracted; however there is no clarity from seller on the data of sharing the digital copies. Challenge You can retain a team, since the timeline is not sure. Management will be fine with the seller’s delay. However, if shared […]

Scope Year-end billing needs to be delivered within the timelines stated in lease; should have considerable amount of time for Property manager’s to ensure accuracy and retain the Tenant relations. Challenge Delay in budgeting, thereby in book close, sudden attrition, followed by special projects. However, CAM is the 2nd largest revenue to Landlords – huge […]

Scope Wanted to have a foot-print with the Landlords and substantiate about over charged without impacting the relation. Challenge It is a herculean task and if there is no finding it will result in huge expenses. Solution We spent a month in regular calls & meetings to set out a streamlined process – thereby a […]

Scope Client is a global player and required lease abstracts in all languages across the Globe. Challenge In order to facilitate abstraction – translation was required; but there wasn’t a budget for audit. Informed to go with machine translation – however, now hit with the requirement of English copies for internal review. Solution Proof-reading of […]

Scope To on-board new Clients in the SaaS platform on timely basis irrespective of the portfolio size. Challenge Have to take care of the marketing bandwagon and invest not only in upgrades but also in ongoing maintenance. Without knowing the volume and accounting for lull months, unable to maintain a separate team. Solution We will […]

Scope To provide timely response to end-Client regarding their queries relating to usage of the platform. Challenge Volume is very cyclical and PTOs on high volume days or attrition during peak season pressurise existing staff force – requires special attention of the C-suite; unable to provide support outside of standard working hours for people users […]