Real Estate Technology
Building Engines Blog | Technology | Real Estate Technology
Property management software is growing in popularity and importance as Commercial Real Estate owners and property managers seek new ways to better satisfy tenants, drive revenue, and keep operations running more efficiently than paper-based processes. Advisory firm Deloitte found that “cloud computing is helping CRE companies drive agility and scalability in a cost effective manner. […]
Every day, we rely on mobile devices. As you work hard to keep your tenants happy, that same convenience you’re used to from the smartphone in your pocket can help to delight the occupants in your buildings. It also allows owners to increase revenues from properties offering optimal levels of convenience and high-quality service. Here […]
It’s been a remarkable four months since joining the Building Engines team as we work to bring innovative property operations management technology to all corners of the Commercial Real Estate market. Driven by thousands of incredibly amazing customers and an industry-leading solution, it’s been an exciting journey thus far to say the least. In fact, […]
There’s an old saying, “If you chase two rabbits, you won’t catch either one.” It refers to our tendency to spread ourselves too thin, to chase too many priorities at once, and ultimately get nothing done – or worse, waste valuable time and energy on the wrong things. Your engineers likely have a ton of […]
It’s 6:00pm (if you’re lucky) – are you headed home exhausted? If you’re a professional in CRE property management, the answer is likely “yes.” You’re probably staying late to put out yet another fire (metaphorically speaking.) Property managers deal with a lot during their day, with responsibilities to create a better tenant experience, maintain equipment, […]
It’s usually considered taboo to unmask a hero in comic books and comic book movies, but this is the real deal. The 2016 Property Hero Awards, where amazing commercial property management professionals in both maintenance and management can be publicly recognized, is coming to a close. But don’t worry – it isn’t too late to […]
Purchasing a property management platform is a lot like building a relationship. It takes dedication, effort, and the desire and ability to achieve common goals.
You clearly understand the value of a building operations system and are able to evaluate the basic features and functions you need at a minimum in order to operate. But how can you determine if your current process and/or provider is limiting your ability to truly impact operational performance?
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 […]
Last year’s premiere commercial real estate awards event, “Maintenance Hero,” is back and bigger than ever for 2016, with a new name: the Property Hero Awards! The Property Hero Awards recognize the unsung heroes of property management in both Maintenance and Management, commending them for the passion, professionalism, and progressive-thinking that is helping to positively […]
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 […]
I have a confession to make – I am a millennial. This fact may be scary to some, but I promise that anything you’re thinking I’ve heard before. There are countless articles and video segments calling out “lazy and entitled millennials,” saying that we’re to blame for ruining pretty much everything. The Olympics, the wine […]
Commercial real estate (CRE) organizations are known for their relative hesitation when it comes to moving to adopt new technologies, and changes in process. To put it simply, the consensus has been: “Why change what already works?” And it makes sense. Many folks have been trained that it is safer to keep your competitive, trade-secret cards […]