IN THE WORKS

Managing a portfolio of leases is no small task. It requires specialized knowledge, careful attention to detail, and ongoing compliance with ever-changing regulations. For many companies, the debate boils down to this: should we hire an in-house team to handle lease management, or should we outsource to a specialized provider?

Post #2 in our series, In Development - Realistic Roadmap to Leased Location Sustainability

Savvy business owners are increasingly relying on lease administration software to help keep track of their properties. But in the sea of real estate–management platforms, how does a business operator know which is the right fit?

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

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.

Multi-unit operators understand the complexity of keeping licenses and permits current. Each location has multiple licenses across different jurisdictions. It takes an...

The twenty-first-century Commercial Real Estate (CRE) firm has evolved beyond the traditional approach to lease management. Requirements on both the client and broker side have made relying on individual spreadsheets not only outdated, but a liability.

As a multi-unit retail operator, it can be challenging to keep up with every aspect of your properties’ data. Hence the importance of a streamlined lease-management...

When it comes to being a multi-unit business operator, keeping tabs on data for every property can seem like an uphill battle. The problem is made worse by relying on rigid spreadsheets which are not shared between departments.

Covid-19 impacted each facet of everyday life, including rent management. As the pandemic raged, business operators across the country struggled with managing the sheer volume of new lease agreements after abatements and deferrals had been agreed upon.