IN THE WORKS

The ICSC Law Conference's panel, "Accelerating Technology in Lease Reviews: Demystifying the Miraculous," delivered valuable insights, highlighting four pivotal takeaways with concrete examples:

A look ahead to This Year’s Restaurant Finance and Development Conference: Introducing Property Works' New Transaction Support Services As you gear up for the Restaurant Finance & Development Conference, there's something special cooking at Property Works. We're thrilled to introduce our brand-new Transaction Support Service, tailored for operators acquiring new locations and private equity groups acquiring new portfolios. This innovative service is designed to streamline post-closing integration, making the process smoother and more efficient than ever before.

5 Best Practices to Build a Real Estate-Driven Multi-Unit Company In the landscape of multi-unit businesses, real estate should be more than just a supporting player – it should be woven into the very fabric of your organization's decision-making process. Real estate acts as the vital thread connecting all activities beneath the real estate umbrella to your management's overarching goals. In essence, it becomes the primary tool for achieving your company's mission.

Maintaining real property data and complying with real estate tax bills can be a complex process for companies. In many cases, bills may not be received from jurisdictions, leading to potential penalties. To help businesses avoid pitfalls and maximize savings, we've compiled "The Ultimate Checklist for Real Estate Tax Bill Compliance."

As we eagerly await the upcoming Expanding Knowledge National Conference 2023, hosted by the National Retail Tenant Association (NRTA), our fellow lease management professionals are gearing up for an unparalleled learning experience. This article takes a closer look at what this conference has in store, with a focus on insights and connections Property Works will be adding to the conference.

Centralizing project management is a crucial aspect of successful development projects, especially in the retail construction industry. With a well-organized system, it is easier for teams to collaborate, track progress, and ensure timely completion of projects. This article discusses the importance of centralizing project management during the development stage of retail construction projects, such as new builds, remodels, and scrape and rebuilds. We will cover the significance of the Letter of Intent (LOI), the use of Project Management Software like Property Works, and the various permits involved in the construction process.

The first few years of ASC 842 compliance have served as a valuable learning experience for organizations of all sizes. This period of adaptation has provided the opportunity to identify areas for improvement and refine existing strategies. Whether you're a seasoned public company or a private company embarking on future years, a proactive approach is essential to optimize your lease management strategy and ensure long-term compliance.

Since launching the Atlanta Chapter of Best Buddies International back in 2018, Property Works has opened its doors to employees with IDD. Emma is one such team member who has been working closely with our very own Director of Business Development, James Rabb otherwise known around BB circles as Jimmy.

Tenants, Here is Why You Need Our Essential Lease Accounting Software Property Works Makes Meeting ASC 842 Requirements Simpler Than Ever Maintaining compliance with ASC 842, which became effective January of 2022, can be complicated if you're managing your lease accounting with unwieldy, error-prone methods like manual spreadsheets. Property Works’ streamlined solution offers you robust reporting in an easily auditable format, saving you time and stress. We broke down the differences between ASC 842 and how it differs from its predecessor ASC 840 in this previous post.