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Website Credits
Jean Sullivan Design studio provides compelling and strategic design solutions and specializes in branding, marketing materials, web creation and implementation. Learn more at www.jeansullivandesign.com.
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Lease Audit/Analysis
Federal Appraisal provides expert lease audit and lease analysis services.
Commercial real estate leases are often very complex. They often include unspecified rent and expenses beyond the base rent. These include rent escalation clauses, operating expense passthroughs, real estate tax passthroughs, common area charges (CAM), electricity charges, other utilities charges, insurance charges and many others. These rents and passthrough could have any number of methods of calculation, including a net passthrough, a pro rate share, a specified (non-pro rata) share, and the methods can change from year to year. They can have minimums and maximums and they can be based on changes over a base amount or index. Even base rent calculations are often complicated, with periodic base rent adjustments such as steps, CPIs, and mark-to-market clauses.
Analyzing leases is thus, difficult for the inexperienced. Since lease payments can equal the market (sales) value of the real estate in as short as seven years, the consequences of not auditing a longer term commercial real estate lease can result in substantial losses.
Services to Tenants
Leased Fee or Leasehold Appraisal
Federal Appraisal LLC provides appraisals of any type of lease interest, leased fee or leasehold interests, for any accounting or legal reasons.
Lease Audit
Lease audits examine the payments requested by landlords to determine their appropriateness. Lease audits help identify errors and recover overcharges. Our process includes the analysis of the lease, the landlord's payment requests, the landlord's records to the extent permitted by the lease. It can include a results presentation to and negotiations with the landlord to recover overcharges.
Lease Analysis
Since the sum of the lease payments over a term of about seven to ten years can equal the market (sales) value of the real estate and since lease payments are often so complicated, all negotiations for longer term leases should be conducted with the counsel of expert real estate analysts, such as those at Federal Appraisal LLC. We can provide buy/rent decision analysis, lease to lease cash equivalence comparisons, and other due diligence support and reporting.
Services to Landlords
Lease Audit
Lease audits examine the payments requested by landlords to determine their appropriateness. Lease audits help identify errors and recover undercharges. Our process includes the analysis of the lease, the landlord's payment requests, and the landlord's records. It can include a results presentation to and negotiations with the tenants to justify the charges.
Lease Analysis
Since the sum of the lease payments over a term of about seven to ten years can equal the market (sales) value of the real estate and since lease payments are often so complicated, all negotiations for longer term leases should be conducted by expert real estate analysts, such as those at Federal Appraisal LLC. We can provide buy/rent decision analysis, lease to lease cash equivalence comparisons, and other due diligence support and reporting.
Services to Buyers and Sellers - Due Diligence
We also provide and/or certify rent rolls, lease cash flow projections, and net present value calculations of lease income.
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Business Interruption
Business Interruption Consulting, Property Damages Estimates
Federal Appraisal, LLC provides consulting and appraisal services to individuals and companies suffering from business interruptions and damages from natural and man-made disasters and accidents. If the loss or diminution of the use of your real estate is causing a loss in business income and/or is reducing the utility or value of your real estate, then Federal Appraisal, LLC may be able to help you recoup your losses and damages. Even tenants in damaged or reduced utility space can benefit from our services.
The actual or alleged loss or damage might be from contractual breaches, environmental conditions, weather, physical damages, external-to-the-site conditions, or malfeasance/non-feasance.
Federal Appraisal, LLC provides appraisals of damages, lost income and stigma for negotiations, and court testimony for or against insurance companies, property owners and defendants.
Natural Disaster Assistance
Fires
Earthquakes
Storms, Tornadoes, Hurricanes, FloodsSuper Storm SandyHurricane Harvy
Hurricane Irma
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Appraisal Management
Federal Appraisal LLC provides appraisal management consulting, nation-wide, for multidiscipline assignments. Managing appraisals over multiple states, between various appraisal subspecialties and multidisciplinary professionals, can turn into a costly and dangerous endeavor. On the rare occasion that clients need the services of geographically diverse appraisers or other types of professionals, Federal Appraisal LLC is capable of assembling qualified appraisal teams. We regularly work with appraisers, engineers, forensic experts, specialist attorneys, and/or specialist accountants; together, we can gather appraisal expertise from around the United State and even internationally. Our reports frequently include work and opinions from non-appraiser experts, in addition to appraisal services from real estate appraisers, personal property appraisers, and business appraisers.
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