Author: Jessica Delahunt
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Improve the Tenant Experience With Building Communications Software
Engaged tenants are happy tenants. And internal communication tools enable clear, frequent contact between property management and tenants. Property teams can keep tenants in the loop about building updates, changes to protocols, amenity information and more on a daily basis. During times of major disruption like COVID-19, the need for effective communication is heightened. As…
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The Secret to Improving Vendor Selection for CRE Budget Season? Software
If you work in commercial real estate (CRE), does your vendor selection process help you stay on budget? Or do you pay more than you should for vendors? A good vendor selection process helps you get the best vendor at the best price, helping you stay on budget. But if your vendor selection process isn’t…
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Want Better Responses from Your Vendor RFP?
RFPs—can’t live with ‘em can’t live without ‘em. You need to send requests for proposals (RFPs) to keep your property in top condition and appealing to tenants. But you know the drill: it can take hours writing each vendor RFP, chasing down responses, and making follow-up calls, only to end up with lackluster responses. Or no…
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Attract and Retain Tenants With Green Building Certification
Commercial real estate tenants have more options right now, including the option to forgo offices altogether in favor of work from home. Consequently, property teams are looking for creative ways to gain leasing advantages, such as joining green building certification programs. A few decades ago, green construction was a niche market, mainly for high-end homeowners.…
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Commercial Real Estate Technology Trends to Watch Right Now
You know the old proverb: Necessity is the mother of invention. And COVID-19 has accelerated commercial real estate technology advancements. Over half (56 percent) of CRE respondents to the Forbes 2021 CRE Outlook survey said the pandemic exposed shortcomings in their digital capabilities. New solutions and tools are now hitting the market to help property…
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Commercial Real Estate Due Diligence: 4 Focus Areas for Buyers
In a highly competitive real estate market, acquisitions of commercial, retail, and industrial buildings complete in days. Unfortunately, this doesn’t leave much time for commercial real estate due diligence. Why does this matter? The due diligence process is a buyer’s final chance to ascertain risks that might jeopardize an asset’s revenue potential before a deal…
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Measure the ROI of Green Property Management
The commercial real estate (CRE) industry’s interest in sustainability has surged in recent years. As targets for net-zero emissions get closer and political forces shift, green property management has gone from a “nice-to-have” to a huge competitive differentiator. However, retrofitting existing buildings with green features and adopting new environmentally conscious protocols isn’t necessarily cheap. If…
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Mitigate COVID-19 Transmission with Your HVAC System
Tenants are slowly returning to office buildings and commercial leasing deals are gaining momentum. But commercial real estate (CRE) owners and operators aren’t out of the woods yet. Many tenants are still rightly concerned about COVID-19 transmission. If left unattended, these doubts could escalate into tenant turnover. In CRE’s new normal, a well-managed HVAC system…
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5 Can’t-Miss Commercial Real Estate Podcasts
A commercial real estate (CRE) professional is a multitasker, juggling demanding tenants, keeping budgets in check, and staying ahead of expiring leases. So if you’re pressed for time and want to stay in the loop on the hottest industry topics, try a commercial real estate podcast, which allows you to get up to speed while driving,…
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4 Ways to Increase CRE Revenue During Re-Occupancy
The outlook for commercial offices is considerably brighter than a year ago. Industry leaders predict the office is far from dead, and some tenants report they’ll need even more office space post-COVID-19. But in the meantime, commercial real estate (CRE) owners and operators face high vacancy rates and dwindling revenue streams. Property teams can adapt…