COVID-19
CRE FINANCIAL RISK MANAGER
Mitigate cash problems
leasing Pipeline
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Review all current lease negotiations and renewals to determine whether reforecasting adjustments are required.
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Manage the correspondence, negotiation, approval and administration for new leases.
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Determine whether new concessions should be offered to close deals.
Tenancy
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Manage the correspondence, negotiation, approval and administration for tenant rent relief requests.
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Manage the risk of tenant defaults and create precedents to treat tenants consistently.
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Adjust for accounting of rent relief and set up repayment schedules.
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Identify the cash flow impact at the asset and portfolio level.
An easy-to-deploy, cloud-based software solution to help landlords manage tenant defaults and relief requests along with the resulting cash flow issues.
It allows you to:
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Manage the financial changes brought about by COVID-19, from amending existing leases to dealing with property tax relief, cancelling capital projects and deferring mortgage payments.
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Develop dynamic asset action plans that address the activities and issues needed to preserve cash.
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Execute and monitor these plans, consolidating real time results in custom dashboards at the asset and portfolio level.
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Collaborate with your entire team in one place online, working with real time information.
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Make quick, smart, informed decisions and approvals.
Capital
Expenditures
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Review each capital project to determine which ones have been stopped due to government regulations.
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Determine whether any projects should be cancelled/postponed to preserve cash.
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Assure that any policies/procedures/protocols are being followed at each site.
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Report upon the total cash savings at the asset level.
Mortgage and PRoperty Tax Obligations
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Determine whether loan payments or property taxes need to be deferred.
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Manage the correspondence, negotiation and amendments required for postponements.
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Adjust for accounting of deferrals and set up repayment schedules.
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Identify the cash flow impact at the asset and portfolio level.
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Implementation and
data population
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COVID -19 CRE Financial Risk Manager can be installed as a stand-alone module on the Concatenate RealTime™ platform, in conjunction with your enterprise license of Microsoft SharePoint 365 and Microsoft Power BI Pro.
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We initialize the system from your accounting system using current rent roll or other spreadsheets you are now using to capture tenancy or asset information.
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Training will be provided through video conferencing.
You can be up and running as soon as 5 days.