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Nov 6, 2019

Stay competitive with mobile solutions for property management

Whether you manage one property or multiple sites, like most property managers you probably spend a good portion of your day on the road or in the field. Inspecting units, sidewalks and roofs and meeting contractors, tenants, city officials, attorneys, brokers, staff and owners requires a lot of time outside the office.

Feb 22, 2019

New lease accounting standards for commercial landlords

Following a series of corporate accounting scandals in the early 2000’s, Congress passed the Sarbanes-Oxley Act of 2002 (SOX). Section 401(c) of SOX required the Securities and Exchange Commission to study and report on the extent of off-balance transactions. This prompted the Financial Accounting Standards Board (FASB) to undertake a project on lease accounting.

Feb 13, 2019

Making fund administration simple for private equity funds with real property investments

Real asset and private equity firms are expanding their core investment strategies to include real estate as a means to balance risk and achieve consistent, longer-term returns.

Jan 23, 2019

Impending reality: Why property management firms must modernize

Technology solutions for the commercial real estate industry have been around for decades. The first wave of PropTech (property technology) appeared in the mid 1980’s, offering property management companies basic general ledger accounting programs to post rent receipts and pay bills.

Sep 6, 2018

Why the “death of retail” has been greatly exaggerated

Many people have thought that the rapid rise in online sales means the slow demise of brick and mortar retail. However, the numbers don’t support that conclusion.

Apr 26, 2018

Real estate lease holders should get a jump on Straight-Line Rent Reporting

The Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) to improve financial reporting on leasing transactions. The new standard comes into effect on December 15, 2018 for public companies. The ASU impacts all companies that lease real estate assets, including leases for real property that are longer than 12 months.

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