Property management software news, views and industry trends
What are infrastructure requirements for utilizing solar energy?
Solar energy is becoming a vital solution for multifamily property owners looking to reduce costs and increase energy efficiency. With energy prices rising and sustainability concerns at the forefront, the demand for renewable energy sources like sol…
How is footfall measured?
Footfall measurement is an essential tool for property managers and retail owners alike. Tracking visitor numbers helps you gain insights into how well your space is performing on a day-to-day basis. In fact, retail sales in the U.S. increased by 2.3…
Generative artificial intelligence (AI) in facilities management (FM)
In an era where technology continuously reshapes the way we conduct business, the emergence of generative artificial intelligence (AI) stands out as a transformative force, particularly in facilities management (FM). Unlike traditional AI, which ofte…
What does smart stand for in technology?
In today’s rapidly evolving digital landscape, smart technology has become a buzzword that property managers frequently encounter. But what does smart actually stand for when applied to devices or systems? In this post, we delve into the essence of s…
How to invest in real estate without buying property: Smart corporate investments
What do successful investors like Ben Miller, co-founder and CEO of Fundrise, or Jilliene Helman, co-founder and CEO of RealtyMogul, have in common? They both knew that real estate is key to a strong investment portfolio. But they also recognized tha…
Can you sublease a commercial lease?
Subleasing a commercial lease can be an effective way to manage unused space or reduce costs, but it comes with specific legal and operational considerations. Whether you’re a tenant or a landlord, understanding the process is essential to ensu…
What is move management
Move management is a critical, yet often overlooked, component of property management that involves coordinating and overseeing the relocation process within or between properties. Whether it’s a residential tenant shifting to a new flat or a c…
What is condition-based maintenance?
Condition-based maintenance is an advanced approach that relies on real-time data to keep your equipment running smoothly. By continuously monitoring asset performance, you can predict when maintenance is needed, reducing downtime and preventing cost…