5 REIT Software Best Practices

The REIT (real estate investment trust) industry has come into its own the last decade. As of September 2016, it had a total market capitalization of $1 trillion dollars in the United States. That represents a growth of over 100%...

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How Data Informs Your Life Cycle Costing

Your assets will only last so long, but without accurate data about asset life cycle performance, there’s no telling how long that might be. The manufacturer’s estimate may be 30 years, but a variety of factors can either shorten or...

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How to Find Ideal Tenants for Your Green Building

In 2013, British-based retailer Marks & Spencer announced they were implementing "green building" clauses in their leases. The purpose was to help their retail portfolio achieve higher environmental standards. Marks & Spencer partnered with shopping center managers to facilitate the...

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Why REIT Management Companies Should Invest in Software

In a recent article, we provided an overview of real estate investment trusts (REITs). REITs generate profits through rental income and asset disposition, but what makes them unique is that they must legally distribute a majority of their taxable income...

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4 Highlights from Greenbuild 2016

The annual Greenbuild International Conference and Expo took place on October 5–7. It featured over 600 diverse companies and welcomed an estimated 20,000 attendees to participate in continuing education, learn breaking industry news and see a broad selection of new...

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Understand Your Options: Property Management Solutions

The property management industry is evolving quickly. New workplace strategies, heightened risk management practices, updated environmental requirements and increasing cost pressures are all themes impacting the sector. Combine these trends with an industry that is late to technological adoption and you...

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How Sustainability Affects Your Capital Plan

In a previous article, we introduced the "four pillars" concept of sustainability in real estate. The concept is quite simple. Many organizations are investing in sustainability. But to be effective, these investments need to meet corporate goals. That includes financial,...

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3 Tips for More Effective Software Asset Management

Taking a complete inventory of the software your organization uses may seem overwhelming. But, the rewards of a leaner approach are well worth it. By reducing your software to core programs, you’ll save significant amounts of time and money. Software...

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A Quick Overview of Real Estate Investment Trusts

What Are Real Estate Investment Trusts? Real estate investment trusts (REITs) are corporations that own, manage and develop property. The main objective of REITs is the generation of income through the leasing of their buildings to tenants. REITs invest in nearly...

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How Often Do You Need a Facility Inspection?

As a commercial real estate professional, facility inspections are a crucial part of your business. But a large part of making these processes profitable is having an intuitive system. It helps maximize the potential of your portfolio. To accomplish this,...

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