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Situation

Financial and non-financial lease information is needed in a concise, easy to use format for accurate decision making and tenant retention.

Solution

Using ELLIPSIS, a proprietary lease administration application, ongoing lease administration is performed. Data shared electronically and includes financial information, critical dates including those for options and encumbrances (ROFO, ROFR, rights to terminate, renewal & expansion options, relocation clauses, etc.), encumbrances by floor, and color stacking plans. Property managers, asset managers, owners, leasing agents, property accountants and lenders can all receive same data electronically on an ongoing basis.