Commercial real estate management software helps simplify property tracking into manageable workflows, from managing CAM reconciliations and shared space expenses organization, to handling complex lease structures such as NNN agreements. CRE professionals using top CRE management providers like MRI, Buildium, Corrigo AppFolio CRESSblue RealPage Commercial Property Management provide tools with multiple features designed to streamline real estate business and maximize efficiency.
Selecting the ideal commercial real estate software starts by understanding your desired goals for it. A good way to narrow down choices and locate an all-encompassing solution is to compile a list of must-have features for your system based on daily challenges such as managing large-scale maintenance operations, tracking shared expense allocations or negotiating complex lease terms – then create your wishlist of must-have features accordingly.
Once you know exactly what features and functionalities you require from your software, consider the size and usage requirements of your portfolio and user group. It should meet their future needs without costly upgrades or workflow disruptions requiring costly upgrades; also ensure it offers flexible pricing with options for onboarding new users as well as premium features.
Some of the key features of top commercial real estate management software applications for Mac include:
Accounts Management – Track daily income, expenses and cash flow to produce tax-ready reports.
Facilities Management – An ability to coordinate maintenance requests, schedules and inspections while overseeing property operations and asset management is required of facilities managers.
Lease Administration – Capable of handling NNN agreements, complex lease structures, and escalations provisions.
Leasing and Marketing Tools – Tools designed to track leads, manage properties in the pipeline, shorten leasing lifecycles and increase availability.
Top commercial real estate management software vendors also provide additional services, including:
Yardi Voyager is an all-inclusive platform with the tools needed to successfully manage multifamily, office and retail properties of any size. It provides one source of truth for data entry as well as visibility into performance for improved decisions. Provides automated CAM reconciliation and direct cost recovery processing, streamline leasing processes and facilitate accurate financials with simplified reporting capabilities. This system can also reduce costs by automating more of your manual processes with its built-in workflows, and integrate seamlessly with existing accounting and CRM systems to unify all your data into one accessible place. Yardi Voyager also allows users to connect with other applications through its API and provides a mobile app to provide easy access to data anytime from any location. Furthermore, Yardi offers a free onboarding process as well as dedicated Customer Success Manager and 24/7 customer support.