News, views and industry trends
Lease Admin Nightmares: Ep 6 – The Sublease Snafu
“We thought we had minimized risk by subletting. Instead, we inherited someone else’s disaster—without a safety net.“ The Setup: A Seemingly Smart Sublease We had more space than we needed, so subleasing was the logical move. The subtena…
Types of Workspaces: A Guide to Smarter Office Design
Workspaces have changed dramatically in the last two decades. Once dominated by cubicles, private offices, and rigid seating plans, the modern office now embraces flexibility, hybrid working, and employee experience as central pillars of workplace de…
Lease Admin Nightmares: Ep 5 – Dates of Doom
“Everything felt routine—until we realized we had unknowingly signed up for another year… at a price we never agreed to.“ The Setup: A Lease on Autopilot When the lease first began, it was meant to be temporary—a flexible space during a …
Lease Admin Nightmares: Ep 4 – The Lease That Vanished
“One minute it was there. The next, it had simply vanished—along with our peace of mind.” The Setup: Portfolio Acquisition Woes When our company acquired a new portfolio, we expected the usual growing pains—integrating systems, streamli…
Lease Admin Nightmares: Ep 3 – CAM Charges from the Crypt
“It felt like opening a coffin: shocking, unsettling, and too late to run.” The Setup: Quiet Before the Storm It was the calm after the close of a good year. Payments were timely, renewals handled, and the books neatly closed—or so we thought. But …
Lease Admin Nightmares: Ep 2 – The Expiration That Nobody Saw
Lease administration isn’t just about paying rent on time. It’s about timing—period. And when critical dates slip through the cracks, the costs can come fast and hard. In this case, a missed expiration date blindsided the tenant and left them with n…
Lease Admin Nightmares: Ep 1 – The $100,000 Mistake You’ll Never Forget
Lease administration can be full of landmines. A small misstep—like forwarding the wrong invoice—can trigger massive financial consequences. In this case, it led to a $100,000 overpayment that took months to unwind. This really happened. The details…
What is Capital Lease Accounting?
Capital lease accounting, also known as finance lease accounting, refers to the method by which long-term lease agreements are recorded on the balance sheet. This approach requires the lessee to recognize both the asset and the corresponding lease li…