Category: Building Operations

[vc_row][vc_column][vc_column_text]It’s one thing to know you need different skills on your team to succeed in a changing marketplace. It’s another thing to do something about it. It’s no secret that commercial real estate (CRE) organizations are struggling to fill the skillset gaps on their teams. For example, recruiting new talent is a key initiative in the new strategic…

American author Kur Vonnegut once said, “everybody wants to build, and nobody wants to do maintenance.” This couldn’t be truer about property maintenance in commercial real estate – particularly in the retail space.   But retail property management teams who understand the importance of property maintenance and its connection to their bottom line are the ones who will rise above their competition. And those…

Late last week, we announced our second acquisition in just under a year. – We acquired AwareManager on May 23, 2018, and RDM closed last week.   While these are two very different CRETech companies and products, they are part of the same overall strategy grounded in delivering value to our customers while achieving the objectives we’ve set for ourselves and our investors. – I thought it would be…

The first thing that comes to mind when commercial real estate (CRE) property managers and owners hear the word revenue, is rental income. And while filling space is obviously the largest contributor to top-line revenue, in this age of driving NOI optimization, it’s not the only way to positively impact the bottom line. We put together this list of some additional…

In today’s economic climate, commercial property managers are painfully aware of the need to run their properties optimally and efficiently in order to maximize net operating income. Yet many CRE organizations stick with the status quo – still relying on inadequate or even outdated property management software and legacy processes that manage their properties ‘well enough.’ Making changes can seem…

If you told me 15 years ago as I sat in my 8’ x 10’ cubicle that one day I’d be working in a completely open office with only about 2 ‘ x 4 ‘ of ‘personal space’ on my desk and no walls surrounding me, I probably wouldn’t have believed you – and definitely would’ve been more than slightly annoyed…

[vc_row][vc_column][vc_column_text el_class=”bullets”] How are you measured in your role? Chances are that no two CRE property managers can answer this question the same. And many times, building operations are managed as problems arise, with spur of the moment decisions, making it even more difficult to measure your impact on your organization. But those who can actually measure and understand it are the ones who…

Operations has long been a determining factor in maintaining and increasing asset value. But to keep up with the changing CRE industry, organizations who strive to be the best should be asking themselves, ‘what practices exemplify ‘best-in-class’ operations for commercial real estate assets?’  By emulating the operational practices of market leaders, CRE teams can position their…

[vc_row][vc_column][vc_column_text] Over the past few years the job description of a commercial property manager has changed significantly. Much of this change is driven by high tenant expectations and a shift in how we view and use technology in the CRE industry. As a former property manager, I understand both the pressures that are mounting on CRE professionals…

Today there is a technology solution for everything. Need to pay your bills? There’s an app for that. A dog walker? Rover and Wag have you covered. There are apps for tracking fitness activity, dating, commuting and transit, flight trackers, and even home security. And that’s just scraping the surface.   Whether it’s your personal or professional life,…