Property management software news, views and industry trends
Why investing in people is the next stage for AI in real estate
There’s no question that artificial intelligence (AI) has become important to the real estate industry. The more important conversation organizations are having now is about how to maximize AI’s investment value. The key point I’ve learned is that th…
Real estate portfolio optimization: A strategic framework for modern portfolios
Office utilization has jumped from 38% to 53% in a single year, and peak-day attendance now regularly tops 80%. These figures would have seemed implausible just three years ago when most organizations were still guessing at how much space they actual…
From CIO to Orchestrator in Chief: How today’s real estate tech leaders are making change make sense
The role of the real estate CIO has always been strategic. Long before digital transformation became a constant topic of conversation, technology leaders in this industry were responsible for aligning systems with leasing operations, financial report…
Everyone’s using AI for lease abstraction. Almost nobody is ready for an audit.
Artificial intelligence is changing how commercial real estate and property occupier teams manage lease data. AI can extract information from complex documents in seconds, helping teams access key dates, clauses and financial information faster than …
The CIO reset: What real estate tech leaders expect from property management software in the AI era
For decades, property management software was evaluated like most enterprise systems: by features, functionality, deployment timelines, and how well it served a specific purpose. Today, real estate tech leaders face a different reality. Portfolio com…
How to determine fair market value of commercial property
Interest rate swings over the past two years have put commercial real estate valuation back at the center of every major decision — refinancing, acquisitions, dispositions, and lease negotiations alike. Owners and investors who once treated an apprai…
Sustainable Property Management: An ESG Guide for Property and Portfolio Managers
Sustainability in real estate used to live in a separate binder from day-to-day operations: a compliance checklist reviewed once a year and otherwise left alone. That separation is closing fast. Sustainable property management now sits at the center …
What does a leasing agent do? Duties, skills, and day-to-day responsibilities
The U.S. rental market has stayed surprisingly competitive even as vacancy rates have climbed back toward historical norms. According to the U.S. Census Bureau’s Housing Vacancy Survey, the national rental vacancy rate stood at approximately 6.…