News, views and industry trends
REIT Industry Lagging In Technology Adoption
REIT Industry Lagging In Technology Adoption Over the last 20 years, the Real Estate Investment Trust (REIT) industry has seen meteoric growth. REIT market capitalizations grew from around $7 billion in 1993 to $700 billion in 2013, and surpassed $1 …
Decision time for real estate professionals: how will you implement new lease accounting standards?
With new accounting standards on leases coming into effect in 2019, businesses must decide how to manage the transition and ensure their property management technology is up to the job The impact of the IFRS 16 accounting standard due to come into effect in January 2019 will be huge for many publicly-listed companies. For the … Continued
MRI Software Expands to Dallas!
MRI Software Expands to Dallas! We’re thrilled to share an exciting milestone! Earlier this week, MRI Software celebrated the grand opening of our office in Dallas, Texas. We’re proud to formally establish a flagship office in the region that repres…
Double Trouble for Real Estate: Coping with Two New Lease Accounting Standards
New accounting standards requiring businesses to bring leasing obligations onto their balance sheets will require many companies to get to grips with two different sets of rules – will your property management technology cope? It has been billed as the biggest shake-up in accounting standards for 30 years, but many businesses are not yet ready … Continued
Global Real Estate Valuation Software for UK
Global Real Estate Valuation Software for UK MRI Software’s Global Valuations for real estate continues to gain momentum with firms in the United Kingdom. The software is designed to do much more than value acquisitions, forecast cash flow, and accur…
Workflow Automation for Commercial Real Estate
Commercial real estate (CRE) firms tend to rely heavily on spreadsheet tools such as Excel to perform complex analysis and financial modeling tasks. The time-consuming process of integrating data from disparate sources, such as an accounting system, …
Why New Accounting Standards Will Raise Real Estate’s Corporate Profile
New accounting standards on leases represent a burden for real estate, but functions that leverage their property management technology effectively have an opportunity to become trusted strategic advisers to the business Property will account for a sizeable chunk of the $2.8trn worth of assets that will move on to the balance sheets of publicly-listed companies once … Continued
5 things keeping property managers awake at night
Are you a residential property manager struggling to wake up this morning? According to a recent survey by Brethertons LLP Solicitors in the UK, the following five concerns could be contributing towards your lack of shut-eye: