How You Can Turn Meaningful Data Into More Profits with Quarem's CRE Reporting
Oct 15

How You Can Turn Meaningful Data Into More Profits with Quarem’s CRE Reporting

By Meredith Beasley | Uncategorized

Quarem’s Reporting Features

Commercial real estate software is a great place to start for this and Quarem is one of the best options out there. Once you organize all of your lease, property, project and FF&E data within Quarem, the reporting possibilities are endless. Here are some of the ways Quarem helps you transform the details of your properties into meaningful business intelligence that you can use for profit generation:

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Downsizing and Expanding Made Easy with Commercial Real Estate Management Software
Oct 09

Downsizing and Expanding Made Easy with Commercial Real Estate Management Software

By Meredith Beasley | CRE Management Software

Think about all of the leases you manage. The oldest in your portfolio to the ones that are currently pending. 

Then, think about all of the revisions made to them. All of the amendments, renewals, extensions, Tis, sublets, assignments, terminations. 

Think about all of the expenses – rent increases, abatements, late fees. Or consider the income gained from them. 

What’s the entire story of your real estate? 

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How to Find the Best Lease Administration Software for Your Needs
Oct 03

How to Find the Best Lease Administration Software for Your Needs

By Meredith Beasley | Lease Administration Software

It’s finally happened. You’ve reached your limit. You’ve made it to the end of your rope. You’ve hit the wall. You need a strategic way to manage your leases, and you need it now! The spreadsheet you’ve been using is out of control. ASC 842/IFRS 16 compliance is knocking at your door. You missed an important option deadline. You can’t find a single document, and your boss needs income/expense reports ASAP. 

So maybe your situation isn’t that dramatic, but your commercial real estate leases are a big deal and it’s time to find a management solution that fits your needs. Ready to start searching but aren’t sure where to start? Use this article as your resource to find the best lease administration software that fits your needs.  

After you finish reading, make sure to download our Quick Guide to Lease Administration Software for even more insight into the benefits of software and best practices for software demos. 

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Document Management Software for Commercial Real Estate Professionals
Sep 30

Document Management Software for Commercial Real Estate Professionals

By Meredith Beasley | Uncategorized

Technology has transformed many things – snail mail morphed into email, rolls of film turned into instant and endless albums on our smartphones, grocery shopping can be done from the comfort of your own home. Even your filing cabinets have gone digital! This digital world that we live in was built to increase efficiency and encourage organization, but that doesn’t mean our lives are any less cluttered. 

Take document management for example – our filing cabinets may have gone digital, but the flow of communication and work moves fast these days, leaving us with folders upon folders of all sorts of documents, ranging from PDFs to spreadsheets. For commercial real estate professionals, that archive of documents can span back decades, and range from lease agreements to marketing materials. So, in this digital age, what’s the best method for organizing your documents and having them readily available for easy collaboration? Keep reading to find out. 

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The Commercial Leasing Process Made Easy with Quarem's Lease Management Software
Sep 24

The Commercial Leasing Process Made Easy with Quarem’s Lease Management Software

By Meredith Beasley | Lease Management Software

The commercial lease process is one of the most exciting activities for CRE professionals. It means that Tenants are expanding their portfolio, Landlords are adding to their tenant mix, and Brokers are increasing their list of business. 

Some may argue that the word “exciting” should be replaced with “stressful.” The leasing process is intricate, involving lots of time, money and risk. While it’s true that the leasing process is no walk in the park, it also doesn’t have to be all that daunting when you have sophisticated software to support you along the way.  

Lease management software can be the knight in shining armor there to save the day and offer support in three main areas:  

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Oh Rats! A Look at How Property Management Software Can Help with Pest Control (1)
Sep 19

Oh Rats! A Look at How Property Management Software Can Help with Pest Control

By Guy Gray | Pest Control

Aside from Willard, a fictional young man who had an unusual connection with rats, most of us don’t like thinking about pest control, let alone having conversations about it. Unfortunately, pest control is a reality for all forms of property management, including commercial real estate. 

From cockroaches and ants to rats, bats and more, property managers have to deal with a wide variety of unwanted pests. How is this even possible when there are so many other tasks property managers need to complete? The key lies in this truth: pest control needs to be preventative, not reactive. It needs to be top-of-mind for a commercial real estate professional to save money and protect your reputation in the long run.

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7 Tips to Lower Your Commercial Property Insurance Premium
Sep 10

7 Tips to Lower Your Commercial Property Insurance Premium

By Guy Gray | Insurance

While certain animated geckos would like you to believe that you can save money on car insurance with a simple phone call, changing car insurance companies can be a tremendous hassle. Instead, most of us would rather try out practical options for cutting costs on auto insurance. For example, did you know a dashcam can reduce your car insurance rates? Most don’t unless they’re an Uber driver. 

Commercial property insurance is the same way. There are several ways to reduce your business insurance premiums, but many commercial real estate professionals aren’t aware of them. To help you out, let’s take a look at seven of them.

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Urban vs Suburban Commercial Real Estate Investment
Sep 05

Urban vs. Suburban Commercial Real Estate Investment – What’s Best for You?

By Guy Gray | Commercial Real Estate Investing

One of the beautiful aspects of commercial real estate investing is its diversity. Urban, suburban, rural… you have plenty of options in the route you want to take. A popular debate CRE pros have with each other, however, is whether urban or suburban is a smarter play. 

This is a bit of a seesaw argument here driven by fluctuations in generational factors, costs and consumer habits. There is not a right or wrong answer. That being said, let’s take a look at the pros and cons for each to allow CRE investors to further make educated decisions on investing in urban or suburban areas.

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4 Types of Amenities CRE Pros Can Start Offering Tenants
Sep 02

4 Types of Amenities CRE Pros Can Start Offering Tenants

By Guy Gray | CRE Tenant , Tenant Experience

Attracting new tenants and retaining current ones are at the top of the priority list for many commercial real estate professionals. It doesn’t matter if it’s an office building or retail space—your tenants are your lifeblood. They should be treated as such.

A big potential issue, however, is that CRE spaces often have lots of competition. So it’s no surprise that tenants relocate fairly often. According to Priceonomics, 44 percent of mid-sized companies moved at least two times in the past decade (with 23 percent moving three times or more).

So, what types of amenities can CRE pros start offering tenants to keep them from moving on? Here are four ideas to consider:

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Top 5 Types of Shopping Malls Excelling Into 2020
Aug 28

Top 5 Types of Shopping Malls Excelling Into 2020

By Guy Gray | Shopping Malls

Netflix’s hit television show Stranger Things is stirring up nostalgia in all who watch it—especially those who grew up in the 1980s. The latest season of the show, which is set in 1985 and was released earlier this summer, centers around the fictional Starcourt Mall and is full of familiar sights: neon signs, department stores, a food court and lots of teenagers. While the mall used in the show is a dead mall in real life, it begs the question for commercial real estate professionals: are malls a sound investment?

The truth is, malls aren’t dead; they’re just evolving. 

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