Famed writer and visual artist William S. Burroughs once said that “when you stop growing you start dying.” This can apply to individuals, business owners or even (as we’ll discuss today) commercial real estate professionals. Nearly every CRE pro wants to grow his or her business and portfolio, after all. Not because of greed, but because of the simple fact that you can’t predict things like economic downturns, smaller margins and increased vacancies—all of which hinder a CRE portfolio’s growth.
This is especially true for mixed portfolio property managers who deal with a variety of industries, from office and retail to industrial. Each can be volatile and unpredictable. Fortunately, solutions like commercial lease and property management software can help you both streamline operations and grow your business regardless of the industries in your portfolio. Let’s look at a few benefits of this software and give some examples of how Quarem specifically helps you grow your CRE business.Continue reading