More business and new transformed consumer behaviors were major trendsetters for the retail shopping industry. As a ripple effect, the retail real estate industry also changed and suffered quite a setback during the two years of the pandemic.
Managing such retail real estate busines...
Facilio software provides an experience-driven property management plan for all its users. This platform is not just for the property managers and owners; tenants and vendors can be included too. They have an easy-to-use dashboard, a one-point solution for a holistic asset management approach. This ...
Adding new property can both be exciting and exhausting. The thrill of acquisition fades fasts enough. All that remains after the 'rush' is a series of tasks like data onboarding and payment processor setup. Working like this can be taxing on you and your team.
If you are still analyzing your contracts without lease abstraction software, you are giving yourself unnecessary work. Before formulating the lease abstract, this software considers key factors like tenant agreements, lease details, and sales portfolio. As a result, you get a highly accurate r...
Common Area Maintenance (CAM) reconciliation sounds simple. Just add up all common area expenses and divide them among all the tenants. But in reality, it is a complex and time-consuming process. You might miss certain expenses or end up overcharging your tenants. Regardless, any error in CAM reconc...
Remote work is the new normal.
Though remote work is not new, businesses that required field visits found it challenging to go remote. But with digitization, they have found a way to stay connected with customers and in line with industry trends.
But it was the comfort and convenience for ...
Tenant screening is an essential process for property managers. For those managing multiple properties, screening can be time-consuming and tedious. Individually verifying each application and conducting background checks isn’t the most efficient approach either.
You can simplify yo...
Remote work has become a prominent trend thanks to government measures during the pandemic. That has fed considerable growth for co-working space demand, and many workers are likely to prefer this method above traditional work shifts.
While this has been problematic for traditional proper...
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