Property management software news, views and industry trends
Multifamily rental growth update for May 2023
This analysis looks at the current rental growth trends for twelve multifamily markets across Texas, Arizona, Georgia, Tennessee, North Carolina, and Florida. Rent growth After experiencing wild swings in job growth and interest rates, the post-pande…
Employee sign-in software for workplaces
In today’s hybrid work environment, it is crucial for companies to have a reliable system in place to manage their employee presence and ensure their teams are safe and secure. Keeping track of staff manually can be a time-consuming and often times h…
Multifamily data research: reducing maintenance costs
From performing routine maintenance to keep apartment buildings clean to emergency repairs for leaking pipes, maintenance is a major part of property management. In fact, multifamily data research suggests that maintenance is one of the largest costs…
Top 5 benefits of energy management software for CRE
As the commercial real estate industry continues to expand and evolve, the importance of energy management has become increasingly apparent. To remain relevant and meet regulatory requirements, real estate occupiers, property owners, and facilities m…
What is Lease Accounting?
Effective from December 15, 2018 for private sector organizations, and more recently in the public sector from December 15, 2021, ASC 842 is the new standard for lease accounting issued by the Financial Accounting Standards Board (FASB). Meanwhile, G…
10 important commercial real estate metrics
In an era where real estate firms are inundated with data, it can be hard to know which insights are the most important to your business. However, it’s even harder to uncover that information in the first place. After all, with such extensive analyti…
11 important facilities management metrics
Measuring your progress against KPIs is a key part of any management-focused software system. Wouldn’t you agree? After all, it’ll be nearly impossible to make significant gains if you don’t know where you can make improvements. Therefore, achieving …
General ledger accounting for properties
General ledger accounting can sometimes seem like an uphill battle. Having to manage multiple accounts, perform bank reconciliations, and file journal entries can leave room for potential errors in your property accounting. This begs the question, “H…