Wall Street doesn't want investors to know that the easiest way to achieve that objective is to minimize all fund expenses--not only
operating expenses, but trading costs, market impact costs, the cost of cash and taxes as well.
Total
operating expenses in 2004 for all types of cooperatives combined (low-rise, townhouse and combination) increased to $3,296.
The maintenance of the assets of a building and the repairs to those assets are charged to tenants as
operating expenses.
A tenant would pay for increases in
operating expenses over the amount established for its Base Year.
The Fitch stress case increases fixed and variable
operating expenses by 5% and results in a reduction in bond and consolidated DSCRs of .
But
operating expenses rose more sharply in 1996 than in 1995, indicating that cost control will be a vital area for apartment owners and managers to watch during the next few years.
As a rule, lease language defining
operating expenses, real estate taxes, and the mechanics to be used to bill tenants, is not all inclusive or objective, according to Patrick Leardo, partner-in-charge of C&L's Real Estate Advisory practice.
Operations continued to use cash throughout the periods reported due to lower revenues and higher than normal
operating expenses.
Operating Expenses:
Operating expenses are highest in San Francisco, at S6.
2 million mainly due to higher average propane unit margins and higher fees in response to increases in
operating expenses.
Real estate taxes, porter wages,
operating expenses and ties to the Consumer Price Index head a menu of options available to tenants which brokers say are unique to New York City's rental market.
For the six months ended June 30, 2006, selling, general and administrative expenses and overall
operating expenses increased $1.
