News, views and industry trends
What is lease management?
Lease management manages all aspects of a lease agreement, from creation to the ongoing tenant-landlord relationship. Effective lease management is vital for property managers and landlords to reduce risk, maximize revenue, and comply with regulatory…
7 benefits of property lease management software
Lease management software has become a valuable tool for businesses who need to streamline their lease management processes. From small enterprises to large corporations, implementing lease management software delivers numerous benefits and advantage…
What is the future of your real estate ecosystem?
When the pandemic struck two years ago, almost overnight, office workers switched to remote working and PropTech made the mainstream press, quickly becoming a business imperative. Once the real estate industry overcame the initial disruption and beca…
4 reasons no-code AI is the future of real estate technology
What if your real estate business could leverage technology powered by artificial intelligence without requiring coding skills on the part of the user? This is the potential that “no-code AI” offers – the ability to let non-technical experts utilize …
Lease administration: The key to uncovering hidden costs in your leases
For a corporate occupier, managing the complex leases within the organization’s property portfolio is a tedious endeavor, especially given how difficult it can be to ascertain the true monetary value of a lease. When it comes to managing a large port…
When to account for COVID-19 lease concessions
Commercial tenants and landlords have spent their year adapting to the challenges of the pandemic. As stores, restaurants, and other commercial venues shuttered, lease terms and conditions had to be renegotiated and some rent payments needed to be de…
3 drawbacks of spreadsheets in your lease accounting transition
Private companies looking to transition to the new lease accounting standards may be in for a rough ride if they rely on spreadsheets. The deadline for compliance with FASB ASC-842 isn’t until December 2021, but considering that transition efforts sh…
Automate leasing and lease abstraction with CRE tech
Automating leasing and the lease abstraction process can enable commercial real estate firms to better manage data across the business and effectively integrate data across multiple systems. Today, as the commercial real estate industry navigates unc…