RAAMP, LLC

RAAMP is built on dynamic lease abstraction.
Leases need not only to be understood, but understood in the context of the property as a whole.

RAAMP walks you through a simple interface to abstract even the most complicated lease. Once a lease is in the environment it is now related to every lease in your company; not just the property. This allows deep cross-referenced relationships that will alert you of possible conflicts with other tenants or property restrictions.

RAAMP implementations reduce risk and increase profit for all your properties.

Root Concepts

Each property added to a company is defined with units/suites. These "Spaces" are a historical timeline of every modification to the space along with:

Tenant Lease Addendums

Lease Files

Tenant LL correspondence

Financial data

Easily produce a date-specific Rent Roll with a click of a button. Rent Rolls are dynamic; you have active links to summary files, leases, and all tenant data within RAAMP. You can define stakeholders to provide read-only access.
Manage Tenant Financial data and Lease provisions with ease.
Review Calendar and setup notifications to alert you of key dates and expirations.
Each property and Tenant has a "Notebook" to catalog discussions and tasks. This historical data will be attached to the tenant records for future reference.

Lease Abstraction

Escalations

With the exception of some very short-term leases almost all commercial leases contain an escalation clause. You can escalate leases on a specific date or define recurring escalations using either a specific dollar amount, index, or fixed rate.

Option Periods

Set exercise deadlines for option periods or allow the lease to automatically enter an option period on lease expiration. Holdover is easily defined and collected based on your desired behaviors.

Charges

Manage CAM expenses, taxes, insurance and other recoverables. Multiple recovery approaches and using everything from arbitrary amounts to Pro Rata Share of buildings, units, or custom spaces. You can Gross Up, set base year escalation caps, and define custom admin fees.

Delinquency

Keep a complete history of delinquency. You have the flexiblity to define custom late fees and percentages. There is a robust system for recovering these fees.

Sales

Track your tenant's sales and bind them to percentage rents or default conditions. Manage your auditing rights and time frames.

Percentage Rents

Trigger Percentage rents on many variables. You have the ability to bind triggers to anchor tenants, construction delays, time frames and natural and unnatural break points.

File Management

Easily organize and share files across RAAMP and externally. You can define your own custom folder structure for each tenant or make templates to simply future leases.

Clauses

Define clauses to be reported on the summary, along with making custom templates to be used across multiple properties or restrained to a single property.

Default Conditions

Be it LL or Tenant default; the conditions of default can be bound to many fields such as: Percentage Rents, Delinquency, Late Fees, Sales, or Abatement.

Abatement

You can offer free rent or abate the rent for a specified time or dollar amount. You also have the flexibility to abate individual CAM expenses or charges.

Uses

Track use rights of the tenant.GetTenantTermsPeriod(DateTime.Now). If the tenant has exclusive use rights this will cross reference all other leases to alert you of potential conflicts and violations.