Reconciling year-end operating expense escalations and justifying calculations to tenants and auditors can be a daunting task for property managers, accountants and asset managers. Depending on your lease structure, escalations can represent between 10 to 40% of an office building's revenues, so your building’s profitability can depend on escalation recoveries.
Experts Bill Brownfield, CRE, CCIM, and Larry Mayerhofer, CPA, Principals of Brownfield and Mayerhofer and authors of BOMA's longstanding publication The Escalation Handbook for Office Buildings, have a plan to help you with your escalations and promise to clear up confusion about the escalation process.
February 08, 2018 1:00 PM Eastern
BOMA Member Price:
Continuing Professional Development Credit: 1.00
BOMA Member Price:$39.00