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Situs’ team of highly experienced lease and loan document experts deliver real time solutions for transaction and process based abstracting engagements. Our professionals have experience with all property and mortgage related document types. The group was originally part of our Financial/Accounting and Loan Underwriting Due Diligence Teams; however, due to client demand, the service has grown organically into a standalone business.
Our abstracting services are engaged as a one-off transaction and/or as part of a suite of professional services to meet the client’s business objectives. Our lease administration services are also provided as an on-going service for clients looking to outsource certain back office functions for their on-going accounting needs.
Abstracting Services Include
- Tenant Leases ( Retail, Office, Industrial, Multifamily)
- Financial & Management Contracts
- Occupancy and Co-tenancy reconciliation
- Reciprocal Easement Agreements
- Rent Roll Reconciliation
- Estoppels Reconciliation
- CAM Best Practices Audit
- Estoppel/SNDA Preparation
- Client Software and Lease Data Entry/Migration
- Loan Documents (Conduit and Portfolio commercial loans, Syndications and Participations)
- Servicing Agreements
Related Commercial Real Estate Professional Services
Situs provides a unique end-to-end business services platform. Please refer to our Primary Servicing, Asset Management and Back Office Fulfillment groups for other related CRE portfolio services.