Tango Lease Transactions enables organizations to manage lease transactions efficiently by integrating key data and stakeholder knowledge. It helps navigate the complexities of lease negotiations, ensuring that no opportunities are missed and that all transactions are tracked and managed effectively. The software supports various lease transaction types, including renewals, terminations, contractions, expansions, and more.

Features

• Track Options: Supports all common lease option-based transactions, including renewals, terminations, cancellations, contractions, expansions, extensions, sales kickouts, purchases, right-of-first-refusal, and end-of-term.
• Templated Transaction Workflows: Includes automated transaction creation processes and role-based assignments and notifications.
• Automated Savings Calculations: Auto-imports existing rent streams and allows user-input values, including tenant allowances and other landlord concessions.
• Integrated Data: Tracks lease data for nearby locations and those with the same landlord to optimize negotiations and make portfolio-level decisions.
• Task Management: Manages milestones, documents, and ad hoc tasks.
• Standard Dashboards: Manages key transaction metrics, monitors progress, and views savings.

Benefits

• Enhanced Visibility: Tracks all transactions in process, avoiding out-of-date information silos and ensuring opportunities are not missed.
• Holistic Negotiations: Integrates quantitative and qualitative elements to meet all portfolio requirements, negotiating in bulk to decrease costs and leverage early options.
• Empowered Teams: Pre-approves economic deal points for negotiators, allowing proactive actions and integrating knowledge across stakeholders for successful negotiations.
• Error Elimination: Ensures deadlines are met and unnecessary costs are avoided by incorporating knowledge of capital expenditures into lease negotiations.