article thumbnail

Is Real Estate Investment Trusts a Good Career Path?

American Apartment Owners Association

Common types include: Retail : Shopping malls, big box stores, and outlets. Here are some of the most common roles: Property Manager Salary Range : $35,000 $90,000 Handles daily operations, maintenance, and tenant relationships. Hybrid REITs : Combine strategies of both equity and mortgage REITs.

article thumbnail

What is retail space management?

MRI Software

Retail space management is the art and science of using physical space effectively to maximize efficiency, enhance customer satisfaction, and drive profitability. Its what helps retailers organize their stores in a way that attracts shoppers, boosts sales, and makes the best use of every square foot.

Retail 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Differences Between Commercial Property Management vs Residential Property Management

Property Management Inc.

Commercial Property Management Commercial property management focuses on properties intended for business use, including office buildings, retail establishments, and industrial sites. Commercial property managers must juggle tasks like lease negotiations, property maintenance, and ensuring compliance with zoning laws.

article thumbnail

10 Key Lease Negotiation Tactics for Managing Commercial Properties

Beach Front Property Management

Negotiating commercial property leases requires careful market research and attention to key terms like rent, lease duration, and maintenance responsibilities. Net Lease: Leaseholders cover some or all of taxes, insurance, and maintenance (the “three nets”) in addition to rent.

article thumbnail

What is common area maintenance (CAM) and why should you keep track of it?

MRI Software

Welcome to MRI Software’s exploration of a critical aspect of commercial property management: Common Area Maintenance (CAM). But what is Common Area Maintenance, and how does it intersect with real estate expense recoveries ? What is Common Area Maintenance (CAM)? How does Common Area Maintenance work?

article thumbnail

Gross Lease vs. Net Lease vs. Triple Net Lease: A Guide

Bay Property Management Group

It is commonly seen with rentals in commercial property, such as office buildings and retail spaces that have numerous lessees. Net lease is the type in which the lessee pays a portion or all of the taxes, maintenance, insurance, and other costs in addition to rent. What is a Net Lease? What about a net lease? Good question.

Lease 147
article thumbnail

What A Difference Affordable Housing Software Can Make

Yardi Breeze

GWM’s properties include flexible workspace, market rate apartments, retail product storage and self storage for large equipment such as cars, boats and RVs. Great for maintenance tracking GWM’s maintenance team also found new ways to work more efficiently now that they’ve replaced paperwork with Breeze Premier.