SOURCE: Marks Paneth & Shron LLP

Marks Paneth & Shron LLP

January 28, 2010 10:41 ET

Marks Paneth & Shron Real Estate Group Partner Publishes Article on How Lease Audits Can Reveal Hidden Income Potential

NEW YORK, NY--(Marketwire - January 28, 2010) - Susan H. Nadler, CPA, partner in the real estate practice of accounting firm Marks Paneth & Shron, has published an article in the January/February 2010 issue of Commercial Investment Real Estate Magazine about ways that commercial landlords can generate maximum revenue under existing lease provisions.

The current economic environment makes it critical for commercial property owners to look at their existing portfolios and monetize any untapped opportunities that exist. Lease audits can uncover hidden revenue from existing tenants under their current lease terms.

In the article, Ms. Nadler discusses:

  • Real life examples of common missed revenue opportunities which resulted in significant amounts of money being left on the table.
  • Steps commercial landlords should take to ensure leases will produce the maximum possible revenue.
  • How a lease audit can help landlords target problems and determine ways to improve billing processes, procedures and internal controls so that revenue and cash flow are at peak efficiency.

The full text of the article can be found at: http://www.markspaneth.com/Publications_Detail.php?ID=601&Hash=2627f1457900fcda871de246f4c6119901f20943

A Revenue Maximization Checklist has been developed by the Real Estate Group at Marks Paneth & Shron to help guide property owners in asking the right questions and gaining maximum benefits from existing lease provisions. The checklist is available for download at http://www.markspaneth.com/Publications_Detail.php?ID=566&Hash=41db858df54e249995fd5d3b3a9b3f6f8a1bf53f.

To speak with Susan H. Nadler or another member of the MP&S real estate practice, please contact Itay Engelman at 212.255.8386 or via email at itay@sommerfield.com.

About MP&S

Marks Paneth & Shron LLP (MP&S) is an accounting firm with nearly 500 people, approximately 70 of whom are partners and principals. The firm provides businesses with a full range of auditing, accounting, tax, restructuring and bankruptcy services as well as litigation and corporate financial advisory services to domestic and international clients. The firm also specializes in providing tax advisory and consulting for high-net-worth individuals and their families, as well as a wide range of services for international, real estate, media, entertainment, nonprofit, professional and financial services and energy clients. For more information please visit http://www.markspaneth.com/.

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