Michael Hetchkop
Principal, Lease Forensics, Cresa
Bethesda, MD 20814
Phone (301) 951-6500
Specialties
Tenant Rep, Tenant Rep (Office)
Property Types
Office
Markets
Northern New Jersey, Washington, DC
Bio
In February 2009, Michael Hetchkop joined Cresa Washington DC as an Executive Vice President of the Lease Audit Division. He is a tenant financial advisor who brings over 25 years of impressive, innovative ideas and unmatched expertise to tenants advised by Cresa.
Mr. Hetchkop has pioneered the analytical method known as the Operating Expense Passthrough Review in the Washington, DC area. In the last 24 months, his Operating Expense Passthrough Reviews have saved over $20 million for his tenants. He has been called as an expert witness in cases involving passthrough expenses.
As a tenant financial advisor, Michael runs financial analyses to compare different leasing and/or equity scenarios for Cresa's tenants. Cresa has multiple financial modeling options which Michael utilizes depending on the needs of the tenant. His understanding of passthroughs and the commercial real estate market enables him to provide his tenants with the most accurate financial models possible.
Professional Experience
Prior to advising tenants, Michael was an accountant for an area landlord and developer. This experience gave him the knowledge to uncover mistakes and errors in billings to tenants. His excellent understanding of how to effectively negotiate the best compensation structure for the tenant make him an expert on operating expense and real estate tax passthroughs.
Acknowledgements
Certified Public Accountant
Expert Witness
Education
M.B.A. Finance, New York University
B.A. Accounting, The State University of New York at Albany (SUNY)
Affiliations
