Building Engines Blog | Operations & Management | Cost Efficiency
New Features to Help You Increase Revenue When I joined Building Engines a few months back I was impressed with the company’s broad initiatives. Today I’d like to share some of our newest innovations that will help you to build a better P&L for you and your owner. As my colleague Scott Sidman mentioned a […]
Property managers and operators operate live in a demanding world. Striving for operational and financial success means balancing the complex needs of building ownership, vendors, and most importantly – tenants. Strong tenant relationships and efficiently managed tenant demands are an anchor for long-term property operations success. Service obligations to tenants in medical, retail, and commercial […]
For a while, shortly before I started working in commercial real estate technology, I brewed a lot. That is not a typo, though I understand the assumption that I might have “brood” before I started working in the exciting, ever changing CRE Tech space. No, prior to that, I worked as a manager for a […]
“Going green,” also referred to as “being sustainable,” “eco-friendly,” and “future-friendly” isn’t an amenity in commercial real estate (CRE) anymore. It is a necessity, for both CRE organizations and for their tenants. In fact, “61% of corporate leaders believe that sustainability leads to market differentiation and improved financial performance,” according to a comprehensive 2011 report […]
About eight years ago I had a physical, and it wasn’t fun. Through a combination of hereditary, lifestyle, and dietary factors, a few numbers (I’m talking about you, Blood Pressure and Cholesterol!) were a bit out of whack. It was sobering, and it demanded immediate action—which I took. These days I still have the occasional […]
Notes From A Software Sales Guy I know, sales people have a bad rap (of course, not the good folks here in our team at Building Engines) and if I’m honest it’s for good reason. For years (and years) sales people have been indoctrinated to do things that serve their selfish interests and not necessarily do […]
A while back we wrote a post covering ‘7 Reasons Why I Need Property Management Software,’ covering the emerging acceptance of technology in the commercial real estate (CRE) industry. Since then, the CRE Tech space has continued to grow. In 2015 alone, CRE Tech startups raised over $1.7 billion, according to venture capital researcher CB […]
See The Tools From the Video in Action! Building Engines helps you move beyond traditional work order management, and improve tenant service using the power of automation, mobile technology and real, actionable data.
There is a hot new technology buzzword being talked about these days: the “Internet of Things.” Maybe you’ve heard of it? The Internet of Things (IoT) has been mentioned in articles within almost every industry imaginable, and it is picking up steam within our magical world of commercial real estate. In fact, it was said […]
In 2015 we created a LOT of content centered on Property Management, from definitive guides to podcasts, and infographics covering the CRE Tech landscape – all of it designed to help you improve your service delivery, and tenant satisfaction. So it seems only fitting that we share the Top Content of 2015, as determined from […]
Your tenants demand, and deserve the best, and it is up to you to make sure that your team is delivering. Unfortunately there are certain realities that can make that job difficult, including the need to cut costs, reduce workloads, and back up your actions with data. So how can you, the property manager, possibly […]
I didn’t fully know what to expect when we launched our CRE Tech Talks podcast series earlier this year. I wasn’t completely sure if we’d find enough people interested in participating, or of course, whether anyone would really want to listen. Like most things, you don’t really know until you give it a try. And […]
Have you felt it? That buzz sweeping through CRE? Tech, tech, TECH! Everywhere I turn, I see articles like CRE Tech Trends for 2015; events like CRE // Tech Intersect, DisruptCRE and Realcomm (dedicated solely to emerging and established technologies); and new resources for CRE tech News.
As the pressure continues for commercial real estate owners and managers to increase NOI and drive more income beyond what’s offered in leases, identifying incremental revenue through services provides an opportunity to do that. Unfortunately, according to BOMA, 20% of all billable service revenue for servicers performed are not accounted for or collected due to poor process and systems.
While we’re positive that YOU are not one of companies that just switch off the air conditioning at the end of the season rather than follow correct shut down procedures (gasp!), it’s always good to have a winter preparedness refresh as we head into the drag of cold and snow.