Property management software news, views and industry trends

For decades, a parking space could be bundled into the monthly rent and rarely appeared as its own line in a lease. That norm is shifting as California unbundles parking from rent in many new buildings, cities drop parking minimums, and EV charger re…

Lease data is too important to be fragmented across finance and property systems, or to rely on AI outputs that cannot be verified. When different teams work from different versions of the same lease, the consequences extend beyond administration. I…

Office operating expenses have outpaced revenue every year since 2021, and that gap has turned the annual true-up into one of the most closely watched documents in a commercial lease. CAM reconciliation is the process that settles what tenants paid i…

Technology is advancing quickly, and with every development comes another conversation about what is possible. What organizations needed 3-5 years ago wasn’t necessarily available, but today, with AI, what was once not possible can be achieved quickl…

Shared building costs used to sit quietly in the operating budget, reconciled once a year and rarely questioned. That has changed, and common area maintenance is now one of the most closely negotiated and most frequently disputed parts of a commercia…

Key takeaways CMMS stands for Computerized Maintenance Management System. It is software that centralizes maintenance activities, asset information, work orders, preventive maintenance schedules and maintenance history in one system. A CMMS helps ma…

Affordable and public housing organizations have never faced a shortage of responsibility to provide safe, stable homes for the communities they serve. What has changed is the complexity of that mission. Demand continues to grow, staffing challenges …

Apartment operators are reorganizing how their communities run. Leasing, renewals, payments, and resident service requests are moving from the on-site office to centralized teams and shared systems. Across the industry, 87% of multifamily organizatio…