iLeasePro and Zeal CRE Partner for a Complete ASC 842 Solution

October 28, 2022

Beverly, MA - iLease Management LLC, developer of the iLeasePro ASC 842 Lease Accounting solution, announced a strategic partnership with Zeal CRE to provide a one stop ASC 842 lease accounting and lease administrative solution for mid-market companies.

"iLeasePro offers an uncomplicated approach to lease accounting for lessees and tenants of real estate and equipment leases. The tool provides mid-market companies the ability to comply with the FASB ASC 842 Lease Accounting Standard changes.”, says John Meedzan, Managing Partner of iLease Management LLC. "Introducing this strategic partnership with Zeal will offer companies not only the ability to comply with this standard but also the added lease abstracting and lease administration services that may be needed - a one-stop shop for ASC 842 lease accounting".

The new partnership will bring new capabilities to companies, including:

ASC 842 Lease Accounting

Lease Abstraction

Lease Administration

Training and Certifications

About iLeasePro: iLease Management LLC, founded in 2012, is in the business of making it easier for firms to manage the lease lifecycle of real estate and equipment leases. iLease is the developer of iLeasePro, a cost-effective, intuitive and accurate SaaS lease accounting solution that brings transparency, information sharing capabilities and efficiency to the lease portfolio of lessees. iLeasePro simplifies the adoption and transition to the FASB ASC 842 Lease Accounting Standard for lessees.

About Zeal CRE: Zeal CRE Services is a leading full suite Lease Abstraction and Lease Administration service provider. We are a one-stop solution for all Lease Management related services. Our Commercial Real Estate services include Lease Abstraction, Lease Administration, Lease Accounting, Property Due Diligence, Document Management, and all ancillary services thereto. We are proficient in almost all of the Lease Administration platforms and experienced in abstracting all types of Leases. We have 13+ years of experience in the industry. We are a trusted partner for leading commercial real estate service providers, Occupier service companies, large retailers, REITs, and property owners/managers, seeking a full suite of Lease Services.

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