The client is a premier provider of home and community-based health care, inspired by core values of respect, integrity, inclusion and growth.
In 2009, the management of the client’s portfolio was in a system no longer supported by their vendor. Moreover, with 700+ CRE locations , the client needed lease administration services to manage their commercial properties portfolios.
Since then, Mohr Partners has been able to help the client transition to a more appropriate system, MRI Qube, to enhance the process, maintain its portfolios and create a smoother system to oversee the leases of its commercial properties altogether.
Mohr Partner’s lease administration evaluated the clients’ current processes and identified gaps. Subsequently, Mohr Partners created a playbook of all lease admin processes. The client and Mohr Partners’ lease admin team also agreed on quarterly KPIs that Mohr Partners would be evaluated on.
1. Conducted weekly lease administration and real estate team meetings to stay on top of critical issues.
2. Organized a seamless lease administration process that covers abstraction all the way to payment of rent.
3. Served as liaison between software provider and client.
4. Implemented ASC 842 and consistent compliance month over month
5. Saved client over $200K in annual payroll costs as well as over $75K in CAM Savings annually
For more information about lease administration services, please contact Sohail Hamirani.
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