Triple Net Accounting Services
Every seasoned investor relies on an accurate accounting of the performance of their investment. The roadmap for determining investment performance starts with accurate income/expense reports and budgeting forecasts. In addition, the Triple Net lease requires a property owner to issue a report to tenants who have signed triple net leases a breakdown of the additional charges passed through to tenants of the property.
illi Commercial Real Estate prides themselves on excellent triple net accounting, CAM reconciliation and investment reporting.
Our property managers are well trained on how to study these reports to maximize shopping center financial performance.
Some owners of multi-tenant income properties prefer to handle the day-to-day management operations of their property. Dealing with the needs of tenants and monitoring the vendors who service their properties is work some owners prefer to handle on their own but retain our accounting, CAM reconciliation and budgeting services for an accurate accounting of the financial health of their investments as well as to satisfy the requirements of sophisticated Triple Net tenants who demand an accurate accounting of the additional charges they are being accessed monthly.
Our accounting department head and Controller is Michael Matzner, a 27+ year veteran in the industry who has studied and reported to of some of Southern California’s most savvy real estate investors.
Schedule an appointment to meet with Mike to see how we can fulfill your property accounting needs.
Have a Question?
Fill out the contact form and we will
get back to you with an answer shortly.