News, views and industry trends
Why CRE asset management software is critical for commercial investment success
The global real estate software market is projected to reach $28.63 billion by 2031. With property portfolios growing rapidly, effective management is more important than ever. For commercial real estate (CRE) investors and landlords, using the right…
Driving affordable housing success with asset management services
The affordable multifamily housing industry consists of dedicated professionals focused on the mission of creating and preserving quality affordable homes, within inclusive communities, that support economic security and access to opportunity for all…
What is Capital Lease Accounting?
Capital lease accounting, also known as finance lease accounting, refers to the method by which long-term lease agreements are recorded on the balance sheet. This approach requires the lessee to recognize both the asset and the corresponding lease li…
How to effectively implement the new lease accounting standards
The new lease accounting standards—ASC 842 lease accounting for U.S. GAAP and IFRS 16 for international reporting—are a significant change for companies, lessors, and investors alike. Staying compliant while ensuring your financial reporting is accur…
Artificial Intelligence in Contract Lifecycle Management (CLM): Integrating AI for Enhanced Business Efficiency
Contract lifecycle management (CLM) is a time-consuming but essential process, vital for reducing compliance risk, ensuring accurate billing and minimizing revenue loss. For many organizations, CLM is a manual process, and requires some specialist le…
What is multifamily lending?
What is multifamily lending, and why does it matter for real estate investors like you? At its core, multifamily lending is a financing option designed specifically for properties with multiple residential units. Whether you’re buying, refinanc…
What are the types of multifamily housing?
Multifamily housing come in all shapes and sizes, from cozy duplexes to towering high-rises. Each type offers unique opportunities, and knowing how they differ can help you make informed investment and management decisions. In this blog, we’ll …
What are occupancy costs?
Occupancy costs, also known as occupancy expenses, typically account for 35% to 50% of operating expenses for multifamily properties. These costs include rent, utilities, maintenance, property taxes, and insurance, making them a significant portion o…