Experience the Premiere Choice in Lease Administration Services - Your Partner in Seamless Lease Administration.
Welcome to Premiere RE Services ( PRS )
where we specialize in comprehensive lease administration services designed to optimize your real estate portfolio management. With 18 years of experience in the industry, we understand the complexities and challenges that come with managing leases efficiently. Our mission is to provide expert solutions that streamline operations, reduce costs, and maximize the value of your lease agreements.
At PRS, we pride ourselves on delivering personalized service tailored to meet the unique needs of each client. Whether you are a property owner, investor, or corporate tenant, our dedicated team of lease administrators is committed to ensuring compliance, accuracy, and transparency throughout the lease lifecycle.
Our services encompass a wide range of Lease Administration Functions, including Lease Abstraction, Lease Translation & Abstraction, Database Management, Lease Accounting, CAM (Common Area Maintenance) Reconciliation & Audit, Lease Auditing. By leveraging industry-leading technology and best practices, we empower our clients to make informed decisions and achieve greater operational efficiency.
Discover how PRS can transform your lease management experience. Contact us today to learn more about our services and discuss how we can support your real estate goals.
Our Service
Lease Abstraction
Abstracting extensive and complex leases promptly, while maintaining a comprehensive lease portfolio, poses significant challenges for property management firms.
PRS provides a cost-efficient and quality-driven lease abstraction service that adheres to the latest lease standards.
Our services are tailored to meet the unique requirements of each client, offering solutions through customized abstraction templates or various formats including XML, PDF, Microsoft Excel, and Word.
Global Lease Translation & Abstraction
We offer premium multilingual lease translation services designed to assist property managers in maintaining their reputation and reducing costs. Our in-house team of native speakers and translators ensures the timely and efficient translation of documents into more than 25 languages.
A major advantage of partnering with us is our team of highly experienced native speakers who specialize in translating lease agreements. We guarantee that your lease agreements are accurately translated and abstracted, ensuring data consistency across multiple languages.
Additionally, our lease translation services feature flexible and tiered pricing options to accommodate various language groups. We categorize languages into three tiers based on the required level of expertise.
CAM Reconciliation
Common Area Maintenance (CAM) costs can be a significant expense, making regular reconciliation crucial to ensure both landlords and tenants pay their fair share. Our CAM Reconciliation Services are designed to help you manage these costs effectively and ensure you only pay for what you need.
As a landlord, we can assist you in recovering your expenses for operating and maintaining the common areas of the property. Our team utilizes cutting-edge technology and industry best practices to ensure all expenses are properly documented, allocated, and reconciled.
CAM Audit
For tenants, CAM audits are essential in ensuring that property expenses are calculated and paid fairly. They help ensure that you’re not overcharged. By reviewing financial records and invoices, our auditors can identify any discrepancies in expense allocation and ensure alignment with industry standards.
At PRS, we also review existing processes and procedures for managing your CAM expenses, ensuring efficiency and compliance with best practices.
Lease Audit
We assist companies in optimizing their real estate spending to reduce unnecessary overhead and save on real estate costs.
As part of our lease audit services, we meticulously examine the financial clauses of your lease agreements relevant to property owners’ billing. This ensures that your payments align with your lease terms and industry norms. For real estate companies managing a vast portfolio of assets, maintaining accurate and reliable lease data is crucial. Regular lease audits ensure your financial and non-financial lease data are up to date and comply with the latest amendments and negotiations.
Our lease experts possess extensive knowledge of the commercial leasing process and will help you implement best practices to streamline your lease management services.
Account Payables & Receivables
PRS offers comprehensive lease accounting services designed to help you meet compliance obligations and enhance your financial operations.
Our team of experts is well-versed in the lease accounting standards outlined by the FASB (Financial Accounting Standards Board) and IASB (International Accounting Standards Board). We work closely with our clients to ensure accurate capture, recording, and reporting of lease transactions. Our end-to-end services include Accounts Payable Service, Supplier Reconciliation, Payment Processing, Order to Cash, and Record to Report services.
Database Expertise
Get In Touch
Contact Info
Vinvarun Complex, 4th Cross Street, Shirdi Sai Nagar, Tiruvencheri, Chennai 600126
+91 8015017895
info@premierereservices.com