Industry

  • Overview
  • Lease Abstraction and Analysis
  • Transaction Processing
  • Real Estate Appraisals

Personalized, professional data management services

Staffing limitations make it more difficult than ever for corporate real estate managers and property holders to stay ahead of fast-breaking, time-sensitive issues that may affect how they administer and manage their corporation's real estate portfolio. Springbord helps address corporate resource constraints by offering proven, high-quality administrative and lease abstraction services. Our approach features unsurpassed personalized, professional service and custom-tailored, technology-enabled solutions.

Our real estate data aggregation service helps manage huge volumes of data including data gathering, organizing, tracking, updating and sharing the updated data.

Making a complex process simple

Springbord’s lease abstraction service takes care of the time-consuming but significant job of abstracting relevant data from your lease documents. Learn more about our expert team of lease analysts and lease abstraction service in detail here.

Springbord's lease audit service simplifies a complex process that requires a high degree of financial acumen and technical competence. It demands the collection and evaluation of hard-to-find data, data that may not be available in user-friendly formats and, often, unstructured data that cannot be used without further analysis and organization. Springbord's data aggregation service pulls the information together for you in an easy-to-use format, making your analysis easier, simpler and faster. Our lease administration services include:

  • Lease analysis: Identifying risk factors and bringing insight to key relationship drivers.
  • Tenant-wide risk exposure assessment: Tracking the exposure levels of tenants across our customers' leased property holdings.
  • Geographic exposure assessment: Recording, tracking and comparing the pros and cons of owning properties in a particular state or country with the customer's current portfolio of owned properties.
  • Lease expiration alerts: Monitoring lease arrangements that are due to expire in the same time frame. Springbord will calculate the estimated loss of revenue associated with contracts that are not renewed or tenants that are not replaced.
  • Differential rent analysis: Keeping track of the varying rent levels which are being paid by occupants living in the same property. We will also provide renewal and vacancy statistics.

Chartered Accountants and MBAs provide expert support.

Springbord's team of experts deal with the complexities of real estate finance and accounting (F&A) every day, and are uniquely qualified to support our customer's critical F&A functions. We offer a full suite of services for both public and private companies, and we currently provide finance and accounting services to many of the world's leading real estate investment companies, real estate investment trusts (REITs), opportunity funds, private equity groups, and pension fund advisors.

We also support all of the major accounting platforms, including JD Edwards/Oracle, CTI, MRI, Yardi and SAP. Our team is comprised of Chartered Accountants and MBAs with significant experience in US and non-US GAAP accounting principles.

Accounts Payable

Springbord offers a number of Accounts Payable support services.

  • Invoice Scanning
  • Invoice Receipt and Coding
  • Vendor Management
  • General Ledger Coding
  • Employee Expense Reports
  • Initiate Check Runs and Electronic Payments

Accounts Receivables and Cash Application

Springbord has a long history of providing accounts receivables and cash application services to many leading, global real estate firms. We provide rent roll billing and cash application services using all of the major real estate accounting solutions, including JD Edwards/Oracle, CTI, MRI, and Yardi. Services include:

  • Monthly rent roll billing
  • Lock box reconciliation
  • Cash application and receipting
  • Cash log preparation and reconciliation

Whether it's supplementing existing staff or outsourcing the entire process, Springbord's scalable solutions will deliver cost-effective, high-quality generation.

Real Estate Appraisals

Commercial real estate appraisers face many challenges, especially when assessing properties that are unique and cannot be evaluated against other similar properties. In some cases, appraisals involve extensive research and can take days or even weeks to complete. In today's lean operating environment, appraisers don't always have the time or resources to conduct the research themselves, and that's where Springbord's real estate appraisal services can help. Our experts help appraisers by collecting and sorting the data required to complete the entire real estate appraisal process including property inspection, research and analysis, and reporting.

Springbord offers authentic appraisal data that is the result of thorough research using a variety of highly credible online public sources. Our experience in collecting and collating data from a wide variety of sources helps appraisers produce and maintain valuation files that are accurate and current.

Our services include:

  • Free Multiple Listing Services (MLS) - Reliable and useful MLS information for counties throughout the United States
  • Retrieval of legitimate property tax data
  • Generation of tax tickets
  • Parcel maps services

There are no off-the-shelf solutions at Springbord. We offer custom solutions to our customers that reduce their costs and save them the time and trouble of sorting through pools of records from multiple data sources.

Experience the Springbord difference. Call us today.