Industry

  • Overview
  • Lease Abstraction Services
  • Lease Analysis
  • Reference Data
  • Transaction Processing
  • Real Estate Appraisals

Personalized, professional data management services

Staffing limitations make it more difficult than ever for corporate real estate managers and property holders to stay ahead of fast-breaking, time-sensitive issues that may affect how they administer and manage their corporation's real estate portfolio. Springbord helps address corporate resource constraints by offering proven, high-quality administrative and lease abstraction services. Our approach features unsurpassed personalized, professional service and custom-tailored, technology-enabled solutions.

Lease Abstraction

Real estate companies need quick access to abstractions of relevant data from their leases in order to ensure that they do not miss any financial obligations or relevant deadlines. Lease abstraction also helps realtors keep up to date on payment histories, renewals, and terminations. However, lease abstraction is often a very time-consuming process, and it therefore helps to have a lease abstraction company on your side to extract the valuable data you need from contracts and other paperwork so that you do not have to.

Springbord lease abstraction can shoulder the load instead, helping you to focus your attention on actually growing your business. We can do this by offering a team of lease analysts that are concise, accurate, and punctual. As soon as you need a specific set of information, our analysts will have it for you. Here is a little more information on Springbord’s lease abstraction service.

Content Solution: English Lease Abstraction

For companies looking for English language lease abstraction, Springbord can certainly help. Our experts can provide you with customized summaries for all financial, business, and legal provisions found in most leases, and we can send you reports in any format you desire. These lease abstracts can be easily incorporated into your company’s financial system or similar such applications.

The reports will include whatever information you specifically desire, though you can hope to expect the following and much more.

  • Critical dates
  • Operating expenses
  • Options and rights
  • Square footages
  • Security deposits
  • Rent projections
  • Income projections
  • Items of concern
  • Prohibitive and exclusive usages

Our English lease abstraction services are also notable for the following features.

  • Precise data
  • Thorough analysis, including of any addendums or amendments
  • Abstraction of pertinent basic details and other information as well as financial figures

Content Solution: Multilingual Lease Abstraction

Springbord has abstracted leases in 19 different non-English languages, including French, Arabic, and Chinese, and depending on yours, we might be able to help you. By using multiple quality language checks, we are also able to ensure supreme accuracy as it pertains to your information.

Content Solution: CAM & Tax Reconciliation

Springbord’s lease analysts are particularly adept at navigating CAM modules of most major real estate accounting systems, and we can help you recover your expenses faster. We do this in part by apportioning whatever recoverable expenses there are across all applicable tenants. This ensures full lease compliance, thereby protecting your investment.

Contact a Representative at Springbord to Learn More

Springboard is a cost-effective option for any real estate company looking for quality lease abstraction. In addition to English, our analysis can work in 19 international languages, and more than anything, our team can free up your time so that you no longer have to worry about the nitty-gritty paperwork. For more information on how Springbord lease abstraction can help you, contact one of our representatives today.

Making a complex process simple

Springbord' lease analysis service simplifies a complex process that requires a high degree of financial acumen and technical competence. It demands the collection and evaluation of hard-to-find data, data that may not be available in user-friendly formats and, often, unstructured data that cannot be used without further analysis and organization. Springbord' data aggregation service pulls the information together for you in an easy-to-use format, making your analysis easier, simpler and faster. Our lease services include:

  • Lease analysis : Identifying risk factors and bringing insight to key relationship drivers.
  • Tenant-wide risk exposure assessment : Tracking the exposure levels of tenants across our customers' leased property holdings.
  • Geographic exposure assessment : Recording, tracking and comparing the pros and cons of owning properties in a particular state or country with the customer's current portfolio of owned properties.
  • Lease Expiration Alerts : Monitoring lease arrangements that are due to expire in the same time frame. Springbord will calculate the estimated loss of revenue associated with contracts that are not renewed or tenants that are not replaced.
  • Differential Rent Analysis : Keeping track of the varying rent levels which are being paid by occupants living in the same property. We will also provide renewal and vacancy statistics.

Helping customers make informed decisions

Springbord is expert at collecting large amounts of information so customers can make highly informed business decisions:

  • Corporate Tenant Information
  • Basic Information, including legal and trade names, registration numbers and dates, founding years, and industry codes (SIC/NAICS). I
  • Information such as description of business, history, business segments, number of employees, and awards and certifications.
  • Corporate and Ownership Architecture, including ownership patterns, parent company information, corporate family tree and minority holdings.
  • Location / Contact Information including streets, towns, cities, states, countries, zip codes, and a host of other information.
  • Corporate Officer / Executive Information such as key executives and directors, biographies, positions held, past work experience, etc.
  • Financial Information such as interim, quarterly and annual financial reports, as well as company-specific information such as standardized financials and credit scores.
  • Other Corporate Disclosures including mergers and acquisitions, IPOs, stock splits and buybacks, expansions, dividend announcements, bankruptcies, and press releases.

Chartered Accountants and MBAs provide expert support.

Springbord' team of experts deal with the complexities of real estate finance and accounting (F&A) every day, and are uniquely qualified to support our customer's critical F&A functions. We offer a full suite of services for both public and private companies, and we currently provide finance and accounting services to many of the world's leading real estate investment companies, real estate investment trusts (REITs), opportunity funds, private equity groups, and pension fund advisors.

We also support all of the major accounting platforms, including JD Edwards/Oracle, CTI, MRI, Yardi and SAP. Our team is comprised of Chartered Accountants and MBAs with significant experience in US and non-US GAAP accounting principles.

Accounts Payable

Springbord offers a number of Accounts Payable support services.

  • Invoice Scanning
  • Invoice Receipt and Coding
  • Vendor Management
  • General Ledger Coding
  • Employee Expense Reports
  • Initiate Check Runs and Electronic Payments

Accounts Receivables and Cash Application

Springbord has a long history of providing accounts receivables and cash application services to many leading, global real estate firms. We provide rent roll billing and cash application services using all of the major real estate accounting solutions, including JD Edwards/Oracle, CTI, MRI, and Yardi. Services include:

  • Monthly rent roll billing
  • Lock box reconciliation
  • Cash application and receipting
  • Cash log preparation and reconciliation

Whether it's supplementing existing staff or outsourcing the entire process, Springbord' scalable solutions will deliver cost-effective, high-quality generation.

Real Estate Appraisals

Commercial real estate appraisers face many challenges, especially when assessing properties that are unique and cannot be evaluated against other similar properties. In some cases, appraisals involve extensive research and can take days or even weeks to complete. In today's lean operating environment, appraisers don't always have the time or resources to conduct the research themselves, and that's where Springbord' real estate appraisal services can help. Our experts help appraisers by collecting and sorting the data required to complete the entire real estate appraisal process including property inspection, research and analysis, and reporting.

Springbord offers authentic appraisal data that is the result of thorough research using a variety of highly credible online public sources. Our experience in collecting and collating data from a wide variety of sources helps appraisers produce and maintain valuation files that are accurate and current.

Our services include:

  • Free Multiple Listing Services (MLS) - Reliable and useful MLS information for counties throughout the United States
  • Retrieval of legitimate property tax data
  • Generation of tax tickets
  • Parcel maps services

There are no off-the-shelf solutions at Springbord. We offer custom solutions to our customers that reduce their costs and save them the time and trouble of sorting through pools of records from multiple data sources.

Experience the Springbord difference. Call us today.