The first few years of ASC 842 compliance have served as a valuable learning experience for organizations of all sizes. This period of adaptation has provided the opportunity to identify areas for improvement and refine existing strategies. Whether...
By Gwen Kelly, Partner at Property Works Gwen has been auditing occupancy costs for over 25 years.
For restaurant and retail chains juggling leased locations, the specter of ASC-842 looms large even as we enter into 2025. This complex accounting standard, demanding comprehensive lease recordkeeping, often triggers groans and late-night...
The Industry’s Leading Approach Landlord approval is a key component of deals requiring a transfer of assets, merger, acquisition or refinance.
Every multiunit operator with locations around the country understands the challenges that come when tax valuations start pouring in. Worse yet, determining accurate current market values, tracking appeal windows, complying with requirements of...
Background: A major player in the industrial auction and vehicle sales industry recently underwent a significant organizational split. This restructuring created the challenge of reorganizing their operations, including real estate tax compliance....
Persistence Pays Off: How Property Works Saved one QSR Client $52,600 in Utility Costs Introduction This case study highlights Property Works' dedication and tenacity to providing practical solutions and cost savings to our clients. We will explore...
Company Background Ambrosia QSR, a rapidly growing multi-unit franchisee, is ambitiously expanding their portfolio from a few hundred to 1,000 franchised QSR Restaurant locations within the next five years. Their growth strategy comprises a blend of...
