Services

Explore Our Services

Whether we are reviewing a newly acquired portfolio, validating lease records, analyzing occupancy costs, or conducting a lease audit, Richvale brings an independent perspective, deep lease expertise, and practical solutions to help organizations gain greater control over their commercial real estate obligations.

    What We Offer

    As organizations grow through acquisitions, expansion, renewals and portfolio changes, lease portfolios become increasingly difficult to manage. Richvale helps clients gain visibility, control, and confidence by making lease information, obligations, and occupancy costs clear and properly managed.

      Lease Portfolio Integration

      Growth through acquisition often results in multiple lease formats, inconsistent records, missing amendments and limited visibility into lease obligations. Richvale helps organizations organize acquired lease portfolios by identifying key lease provisions, renewal dates, landlord obligations, occupancy cost structures and critical risks. We help clients understand exactly what they inherited and provide a clear framework for ongoing portfolio management.

      Ideal for:

      • Healthcare organizations
      • Veterinary groups
      • Dental platforms
      • Franchise operators
      • Multi-location businesses

      Lease Portfolio Validation

      We compare lease agreements, amendments, abstracts and supporting documentation to ensure critical information is complete, accurate and current. Our validation process helps identify missing documents, inaccurate dates, incorrect lease terms and inconsistencies that may impact decision-making.

      Keys areas reviewed:

      • Lease abstracts
      • Lease amendments
      • Option and renewal dates
      • Premises information
      • Rent schedules
      • Occupancy cost provisions
      • Landlord and tenant obligations

      Occupancy Cost Reviews

      Occupancy costs often represent one of the largest operating expenses for multi-location organizations. Understanding how these costs are calculated and their financial impact is essential for effective portfolio management. Richvale reviews occupancy cost provisions and cost trends to provide visibility into lease obligations and areas of potential concern. Our objective is to help clients better understand operating costs, identify unusual trends and support informed business decisions.

      Areas of focus include:

      • Operating Costs / CAM
      • Property Taxes
      • Insurance
      • Management Fees
      • Gross-Up Calculations
      • Cost Allocation Methods
      • Cost Escalation Trends
      • Lease Compliance

      Lease Audits

      Lease audits remain an important tool for identifying overcharges, billing discrepancies and lease compliance issues. Leveraging more than 15 years of experience, Richvale conducts detailed reviews of occupancy cost billings to determine whether charges have been calculated in accordance with lease provisions. Where discrepancies are identified, we provide the supporting analysis and documentation required to pursue recovery and support future cost control.

      Potential areas of recovery include:

      • Operating Cost Overcharges
      • Real Estate Tax Errors
      • Management Fee Calculations
      • Gross-Up Adjustments
      • Capital Cost Recoveries
      • Allocation Errors
      • Lease Exclusions
      • Billing Inconsistencies