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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. Tenant insurance comes in several forms. Finally, business owner’s insurance is a combination of business renter’s insurance and a CGL policy.

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What is Driving the Growing Demand for Enhanced Electrical Capacity in Residential and Commercial Buildings?

Esquire Property Management Group

This is leading to the need for all properties to have increased electrical capacity, higher amperage, and expanded utility infrastructure. This has led to upgrades in electrical panels, wiring, and utility connections to accommodate the increased load.

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Multifamily vacancy rates explained: A guide for investors

MRI Software

Plus, find out how real estate property management software can help when dealing with multifamily vacancies. Multifamily vacancy rates measure how many units in a property are unoccupied compared to the total number of units. If left unchecked, sustained high vacancy rates can lead to a decline in property value.

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What is a property management chatbot and how can it benefit property managers?

MRI Software

In an era where technology is shaping the future of real estate, property management chatbots are emerging as essential tools for efficiency and innovation. A property management chatbot is an innovative technological solution that integrates with various property management platforms.

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Do You Know WALT (Weighted Average Lease Term), the Commercial Real Estate Guy?

Esquire Property Management Group

It is a paramount factor of investment and concomitant income stability, combined with tenant turnover risk. The computation of WALT is a particular procedure, requiring an evaluation of the remaining lease term for each tenant along with the square footage and dollars per square foot that the lease represents.