Building Engines Blog | Operations & Management | Best Practices
“A hero is someone who, in spite of weakness, doubt or not always knowing the answers, goes ahead and overcomes anyway.” – Christopher Reeve The same can be said about commercial real estate property management teams. Oftentimes they don’t have the time, the money, people, or resources necessary to overcome incredible obstacles. It isn’t always […]
If you haven’t heard by now, finding a commercial property management thought leader online is pretty much a crapshoot. You just won’t find many out there. But rather than continue to wonder where all these great, forward-thinking CRE professionals are, I thought I’d take a stab at providing a resource for getting started. You can think […]
Halloween may be over, but our love for the candy and the amazing CRE Property Management Horror Stories that were shared will never subside. These stories contained several out of the ordinary scenarios that real-life property managers and building engineers faced while in the line of duty. Never before have risk management, tenant service, and […]
Tenant relationship management is about much more than just making sure tenants get the services they expect, delivered in a fast, efficient, and courteous manner. It’s about building strong, long-lasting relationships! And one of the easiest ways to build stronger tenant relationships is to create additional opportunities for your property team to get to know […]
You may think you know most of the ways that things could go wrong at your commercial property in terms of tenant and property risk, but there is only one way to know for sure – take our “Spot the Risk” Quiz!
Here is a more relevant question: “How do you measure success?” (We’ll get to the “What is Property Management Software” question in a bit! – Trust us, it’ll make sense.) A typical commercial property management team measures success based on the following performance metrics: Speed and quality of service Ability to control costs Tenant […]
So, you’re dedicated to tracking and quantifying your team’s performance. Congratulations, you’ve made it to level 2! Next challenge: deciding what that means, aka what you need to measure. Here are the four places you need to look (and people you need to involve) for data before setting your KPIs.
As we said in our recent post where we asked ‘Where Are the CRE Property Management Thought Leaders?’, if you’re looking to join a two-way digital discussion for property management/operations, you’re not going to find much. Sure, you’ve got us. We regularly produce thought leadership and best practice content, and try to start conversations. But […]
An APB (all-points bulletin) is urgently needed for commercial real estate (CRE) property management thought leaders on the Web. They’re currently missing from the front lines of the property operations conversation taking place online – and that’s a problem. I have some ideas as to the reasons why this is the case, but before I go into […]
As a person with a 2.5-cup-per-day coffee problem habit consumption pattern, I tend to watch for opportunities to get a free caffeine fix. Thanks to participation in a certain Seattle-based company’s loyalty program, these chances come around fairly frequently. For this I am grateful. But a few months ago I fell victim to a dreadful […]
You’ve got a lot going on. We get it. It isn’t easy to find the time to scour the internet for the latest property management and commercial real estate news when you’ve got a job to do. With ‘The Weekly Building Beat,’ you won’t have to waste time searching. We hand-select the best industry content […]
Technology is changing the business of commercial real estate. This show is about helping CRE Executives improve their tech IQ, so they can make informed decisions that will help their organization innovate, grow and stay competitive. In our latest podcast, Building Engines SVP Scott Sidman is joined by Arie Barendrecht, CEO of WiredScore. In this […]
“Team” does not mean “you”. Not to butcher the obvious, but it’s also not just a group of “yous”. Like music, “Team” requires more than a single note – like happiness, more than a single laugh. Team is a group condition carefully nurtured over time through soft stuff like trust and responsibility, and hard stuff […]
Carrots and Sticks I distinctly remember the big smile on one of my employees faces the first time I handed him a performance based bonus check. We had had a mandate to complete a large project by the end of the month, and while we were making progress toward our goal, I was starting to […]
From my early teens, through college and for the first stage of my professional career, I worked primarily in the hospitality industry. Restaurants, bars, and hotels. – Ok, I may have actually spent more time in bars than working in them, but those are stories for another day. The hospitality industry is a terrific training […]