Esquire Property Management Group

JANUARY 9, 2024

Weighted Average Lease Term for Commercial Real Estate Weighted Average Lease Term, commonly referred to as WALT, is an important metric that commercial real estate investors and commercial property managers are well-versed in, or at least they better be.

Real Estate 52

Real Estate Lease Commercial Property Management Commercial Property 52

MRI Software

MARCH 27, 2025

Partnering with the IT Director, they develop a data governance strategy to standardize and secure lease and financial data. Commercial Leasing Abstraction Scenario: A Lease Administrator needs to extract key financial clauses from hundreds of lease agreements to prepare for an audit.

Real Estate 52

Real Estate Lease Government Compliance 52

MRI Software

OCTOBER 3, 2024

Subleasing a commercial lease can be an effective way to manage unused space or reduce costs, but it comes with specific legal and operational considerations. MRI Software offers innovative solutions like lease management software and lease accounting software to help you navigate these complexities with ease.

Lease 52

Lease Lease Agreement Landlord Tenant 52

Esquire Property Management Group

FEBRUARY 4, 2025

In the United States return-to-office (RTO) rules are still changing as of early 2025, and they have a big impact on commercial property prices, commercial leasing rates, and staff retention. How is RTO Effecting Rates for Commercial Leasing? What are RTO Effects on Values of Commercial Buildings?

Real Estate 52

Real Estate Lease Landlord Commercial Property 52

MRI Software

SEPTEMBER 10, 2024

Navigating the complexities of commercial real estate leases is essential for both property managers and tenants. In this article from MRI Software, we’ll explore the different types of commercial leases, providing valuable insights to help you navigate lease agreements with confidence.

Lease 52

Lease Insurance Landlord Retail 52

MRI Software

MARCH 19, 2025

If you need a model to produce optimized lease pricing or to give early warning signs of asset failures, you need historical data. For real estate, this data includes lease agreements, occupancy information, maintenance records, financial statements, and much more. AI models look for patterns, and patterns require historical data.

Real Estate 52

Real Estate Lease Agreement Lease Applications 52

Esquire Property Management Group

DECEMBER 11, 2023

Managing tenant insurance is a crucial element in overseeing commercial real estate (CRE) from a landlord and commercial property management perspective. Typically, landlords mandate tenants to maintain various forms of insurance coverage as a prerequisite or addendum to commercial lease agreements.

Insurance 52

Insurance Commercial Property Management Tenant Commercial Property 52

Esquire Property Management Group

FEBRUARY 2, 2025

The proactive marketing of properties and the negotiation of lease renewals are two things that can help reduce vacancy rates. There is a consistent stream of rental income that can be ensured by effective tenant management, which also helps to reduce the costs associated with turnover.

Property Management 64

Property Management Property Manager Property Management Services Management 64

MRI Software

DECEMBER 3, 2024

In this blog, well explore exactly what is residential property management, what property managers do, and why their role is essential for maintaining a profitable and well-run rental property. Well also dive into what is the difference between residential and commercial property management.

Residential Property Management 52

Residential Property Management Residential Property Management Residential Property Property Management 52

Esquire Property Management Group

OCTOBER 24, 2024

In response to this scenario, stakeholders in the Commercial Real Estate sector, including landlords, developers, lenders, commercial property managers, and other interested parties, have turned their attention to a seemingly straightforward solution: the conversion of unused or vacant office space into residential units.

Commercial Property Management 52

Commercial Property Management Commercial Property Transportation Finance 52

Esquire Property Management Group

NOVEMBER 30, 2023

quarter-over-quarter, might signify a market correction due to low demand and a lack of new leasing activity. The Silicon Valley commercial real estate office development pipeline, totaling 66.4 pre-leased. Limited inventory and new development deliveries constrained leasing velocity, prompting tenant renewals at higher rates.

Real Estate 52

Real Estate Commercial Property Management Commercial Property Lease 52

Esquire Property Management Group

FEBRUARY 4, 2025

In the United States, return-to-office (RTO) rules are still changing as of early 2025, and they have a significant impact on commercial property prices, commercial leasing rates, and staff retention. Companies, building owners, landlords and property managers are watching these trends develop with anticipation.

Real Estate 69

Real Estate Landlord Lease Tenant 69

MRI Software

NOVEMBER 28, 2023

Welcome to MRI Software’s exploration of a critical aspect of commercial property management: Common Area Maintenance (CAM). CAM encompasses the tasks and costs associated with maintaining shared spaces within a commercial property, a fundamental component of real estate management.

Maintenance 52

Maintenance Retail Lease Agreement Commercial Property 52

Esquire Property Management Group

DECEMBER 18, 2023

Lease Terms: If the property is income-generating and there are existing leases, outline any relevant details regarding leases, tenants, and rental income; and any assignments that may be forthcoming. Exclusivity: Determine whether the buyer has an exclusive right to negotiate with the seller during a specified period.

Real Estate 52

Real Estate Commercial Property Commercial Property Management Attorney 52

Esquire Property Management Group

NOVEMBER 17, 2024

If your property employs staff, such as maintenance workers, administrative assistants, or leasing agents, their wages and benefits (e.g., These expenses are essential for large-scale properties with higher operational demands. Employee Salaries and Benefits – All Fully Deductible?

Real Estate 52

Real Estate Commercial Property Commercial Property Management Property Management 52

InveServe

JANUARY 2, 2025

Disputes over lease terms, maintenance issues, or rent payments are almost inevitable, but how theyre addressed can make all the difference. Resolving these situations promptly and professionally protects your property and fosters tenant satisfaction. The lease is your primary reference for resolving disputes.

Landlord 52

Landlord Tenant Lease Agreement Property Management Services 52

MRI Software

OCTOBER 17, 2023

Apart from the financial benefits, having long-term tenants also acts as a testimony to the quality of your commercial property, location, and property management. Commercial property managers know that effective commercial tenant retention and engagement doesn’t end when the lease is signed.

Commercial Property 52

Commercial Property Tenant Property Lease 52

California Pacific Realty

NOVEMBER 21, 2024

Once they receive applications, property managers conduct a detailed screening process, which includes background checks, credit reports, and rental history verification, to ensure the tenants are trustworthy and have sound financial standing. They handle tenant relations, leasing, maintenance, and legal compliance.

Property Management 52

Property Management Property Manager Management Property 52

Real Property Management Choice

OCTOBER 3, 2024

Deciding to partner with a Gardena property manager to lease, manage, and maintain your rental property is a smart idea. Successful investors will tell you that professional management leads to higher returns and better investment experiences. We recommend you stay local. You wouldn’t.

Property Management 52

Property Management Property Manager Management Property 52

MRI Software

MARCH 15, 2024

You’ll learn about the strategies and nuances of overseeing industrial properties effectively with industrial property management for optimal efficiency and success. What is industrial property management? Each property type has its own unique set of requirements and operational considerations.

Industrial Property Management 52

Industrial Property Management Industrial Property Property Management Property Manager 52

Second Nature

JANUARY 29, 2025

For RL Property Management, that started as a promise that they would never charge a leasing fee. We were trying to figure out why everyone hated their property manager. So we decided that we weren't going to charge a leasing fee, and we've stuck with it ever since.

Property Management 52

Property Management Property Manager Management Property 52

MRI Software

FEBRUARY 21, 2024

Unearned income from tenants: Challenge: Accurately accounting for unearned income from tenants, particularly in commercial and retail spaces with advanced rent payments or lease incentives. Solution: Utilize Spreadsheet Server to connect to MRI data, creating custom Excel reports for detailed tracking.

Real Estate 52

Real Estate Property Management Property Manager Management 52