Field notes
Notes from portfolio review work
Short articles on occupancy reading, lease income drift, rent-roll hygiene, and when a building walk corrects the books.
Reading occupancy beyond the headline vacancy rate
A single vacancy percentage can hide floor-plate dead zones, shadow vacancy, and leases that look occupied on paper but generate no rent.
How lease escalations quietly reshape portfolio income
Escalation clauses look tidy in a contract abstract. Across a ten-year lease set, small percentage differences compound into meaningful income drift.
Preparing rent rolls for an external portfolio review
Clean source tables shorten review time and reduce back-and-forth. Here is a field checklist we share with clients before the first handoff.
When field counts correct what the books report
Reported vacancy and what a walk-through shows can diverge after renovations, informal sublets, or delayed handover paperwork.