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Gibson Company, Author at
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Author: Gibson Company

26 Feb

Posted at 20:40h in Business, Commercial Real Estate, Consulting, Legal, Private Clients, Real Estate, Real Estate Broker, Real Estate Contracts, Real Estate Sales and Leases by
0 Likes

Listing Agreements are commonly used in real estate.  They form a contract between the broker and owner either to sell or lease a property.  Their purpose is to spell out the terms and conditions under which both parties agree to abide.  The broker agrees to...

03 Dec

Posted at 18:47h in Accounting, Clients, Consulting, Facility Administration, Finance, Financial Statements, Lease, Lease Administration, Operating Expenses, Real Estate, Tenant by
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Lease Audit is a broad topic that means different things to different people. In most cases Lease Audit is associated with auditing Operating Expenses ("OE"). OE reconcilliations are an annual ritual in which the Tenant scrutinizes the Landlord's numbers for variable and reimbursable expenses. This...

07 Nov

Posted at 17:53h in Accounting, Expert, Facility Administration, Finance, Lease, Lease Administration, Operating Expenses, Real Estate by
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Auditing Operating Expenses (O.E.) is like going to the Dentist without Novocaine. That's because the audit process is typically arduous, confusing, convoluted and time consuming. On the other hand, done successfully, an audit can uncover mistakes & errors, over-billing, duplicate invoicing, non-allowable charges, etc., etc....

05 Apr

Posted at 20:57h in Construction, Consulting, Lease, Negotiation, Real Estate, Tenant, Tenant Improvements by
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Most commercial real estate lease transactions include some construction modification to the space ("Premises"). The improvements can be as simple as paint and carpet, or more complex with demolition and new construction. Negotiating the Tenant Improvements ("TI's") often is the most crucial part of the...