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What is commercial property management and why is it important?

MRI Software

Commercial property management is a multifaceted field that’s critical for successfully operating and optimizing commercial properties. That’s why MRI Software develops smart solutions for the property sector. What is commercial property management?

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Can you rent out commercial property as residential? Key considerations for landlords

MRI Software

This is making many commercial landlords wonder, can you rent out commercial property as residential to address the housing crisis or boost property income? In urban areas, unused commercial buildings often outnumber housing units, making conversions a win-win. Did you know that the U.S. million homes?

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Environmental Regulations for San Francisco Properties: Green Initiatives and Compliance

Gordon Property Management

By 2024, commercial properties over 250,000 square feet must operate from renewable sources. By 2030, this requirement will extend to all non-residential properties over 50,000 square feet. Adopting green initiatives offers numerous benefits to property investors.

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You Ask, We Answer: Top Property Management Software FAQs

Yardi Breeze

How should I set up this property? For a mixed-use property, it is possible to set up the commercial units as a commercial property and the residential units as a residential property. For reporting, you can then set up a property list to group together the residential and commercial properties.

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Commercial Tenant Risk Mitigation, Insurance, Tracking, and Best Practices

Esquire Property Management Group

Managing tenant insurance is a crucial element in overseeing commercial real estate (CRE) from a landlord and commercial property management perspective. For those involved in the commercial real estate (CRE) scene, grasping the basics of tenant insurance is crucial. Why Pay for Commercial Insurance Tracking?

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What Are All the Legal Tax Deductions in Commercial Real Estate (CRE)?

Esquire Property Management Group

Legal Tax Deductions in Commercial Real Estate are Not Always Utilized Owning commercial real estate can be highly lucrative, particularly when you utilize the numerous tax deductions legally available to property owners. Below is a detailed guide to the key tax deductions available for commercial property owners.

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Energy efficiency strategies in multifamily property management

MRI Software

Multifamily properties offer a significant opportunity for substantial energy savings , with the potential to reduce residential energy use by 17% and save $3 billion in utility costs across the US. Benefits of effective energy management Effective energy management offers numerous benefits for multifamily properties.