Lessons from the Pros

Nov 27, 2017 Issue

Real Estate

The Importance of True-ing Up Operating Expenses

Expense wise, a Triple Net (NNN) lease structure is not complex; a CAM/Expense Pass-Thru charge, plus a Reserve Factor for the replacement of long lived items such as HVAC systems, and an imputed Management Fee; pretty simple. But what about Full Service, Gross and Industrial/Modified Gross Lease terms? Are there “normal, typical and reasonable” property… Read More »

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