RealPage Commercial Property Management is a comprehensive software solution designed to streamline and simplify the day-to-day operations of commercial property management. It offers a range of functionalities including lease administration, Common Area Maintenance (CAM) recoveries, commercial lease accounting, and a tenant portal. The software aims to enhance efficiency in managing leases, handling complex billing calculations, and providing tenants with convenient access to services. With features like lease boilerplates, amendment tracking, recovery billing engines, and various billing ...
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RealPage
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RealPage Commercial Property Management is a robust software solution tailored for the complex needs of commercial property management. It offers a suite of integrated functionalities designed to simplify daily operations, enhance lease administration efficiency, and streamline financial processes. The software stands out with its ability to handle intricate aspects of commercial property management, such as Common Area Maintenance (CAM) recoveries and various types of lease accounting calculations.
Key Features
Lease Administration Efficiency RealPage provides powerful tools to streamline commercial leasing activities.
- Lease boilerplates for adding new leases with proper data governance
- Amendment features for accurate tracking of lease lifecycles
- On-demand views of lease history
Common Area Maintenance (CAM) Recoveries The software includes a robust recovery billing engine to manage complex calculations.
- Handles base years, gross ups, minimums and caps, and expense exclusions
- Displays all missed billings upon execution of the calculation
- Reduces errors in recovery billbacks
Commercial Lease Accounting RealPage Commercial offers comprehensive billing capabilities for various property types.
- Manages CPI increases, percentage rent, and recovery billing
- Handles late fees, recurring charges, and straight-line rents
- Provides notifications for rent increases
Benefits
Streamlined Operations RealPage simplifies day-to-day property management tasks.
- Integrated functionalities for efficient lease management
- Automated calculations reduce manual work and errors
Enhanced Tenant Experience The software includes a tenant portal for improved service delivery.
- Secure login with tenant validation
- Allows tenants to enter service requests and make online payments
- Provides tenants with access to account information and statements
Versatile Property Management RealPage caters to various commercial property types.
- Suitable for office, industrial, and retail properties
- Customizable fields to accommodate specific lease data requirements