Start Date: 1/19/2021 1:00 PM EST
End Date: 1/19/2021 2:30 PM EST
Venue Name: ZOOM
Organization Name:
BOMA
Contact:
Our Mission: It is the mission of BOMA Raleigh-Durham to enhance the level of professionalism and ethics in the commercial real estate industry and to support its members through education, advocacy, and the development of strategic relationships.
Location: ZOOM | January 19, 2021 1:00pm to 2:30pm Eastern Standard Time
Moderator: Judith A. Purviance-Anderson, RPA BOMA Fellow, Associate Director, Asset Services, Cushman and Wakefield
Panelists:
Shelby Christensen, LEED Green Associate
MOB: Mark Dukes, BOMA Fellow, CCIM, RPA, VP Asset Management, Physicians Realty Trust
Beck Hanner, BOMA Fellow, Commercial Asset Services
John Logan, Esq, Partner, Laff, Gordon, Bennett, Logan, PC
Agenda
Tenant Liability in Normal Times
- Net vs. Gross (and Modified Gross) Leases
- Allocation of Risk
- Consistency of the Base Year with Operating Years
Gross-Ups
- Fairness of Grossing Up
- Grossing Up Without Lease Language
- What Does Fully “Occupied” Mean?
- 95% vs 100% Occupancy
COVID-19 and Other Impacts on Charges
- Reduced Base Building Janitorial for Unoccupied Areas
- Reduced R&M
- Increased Cleaning/Disinfecting of Public Areas
- Added/Changed Security
- Costs of Temporary Coverings and Modifications
Other Issues
- Estimated CAM/Operating Expenses
- 2021 and Future Years
- Budgeting 2021 Charges
- Impact on Expense Caps