Barsh & Cohen P.C. | Have you heard of these five commercial real estate apps?
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Have you heard of these five commercial real estate apps?

Have you heard of these five commercial real estate apps?

38014394 - share work and navigate with the tabletInvesting in commercial real estate can be a tricky proposition, even for the seasoned investor. Here are a few apps that might make investing in and managing commercial property a little easier:

CoStarGo: CoStarGo provides a combination of commercial real estate resources and analytic tools that keep you informed about the real estate market. This app offers timely and verified market data from over 1,600 professional research analysts on over 3.2 million commercial properties through the U.S. and U.K.

Visual Lease: Visual Lease is a lease accounting and management software. It is compliant with FASB/IFRS and allows users to manage portfolios and make strategic planning decisions. The accounting software integrates with more than 50 GL/ERP platforms. The lease accounting features include tools for calculating percentage rent, lessor/sublease, sale-leaseback and more.

REoptimizer: REoptimizer is a corporate real estate portfolio optimization app. This app offers tools to help you manage your corporate real estate properties. Features include tools for ranking and evaluating prospective sites; a dashboard to view a snapshot of your complete property investment portfolio; an atlas to plot properties on a map; document management; project tools to help you collaborate with team members; 50 built-in reports to evaluate property performance; key date management; instant notification system; property comparison tools and more.

Monnit Facility Monitoring Systems: Monnit provides wireless monitoring of facilities for plumbing, electric systems, lights and more. You will receive a text or email if something goes wrong. Monitoring systems include Ethernet gateways, cellular gateways, temperature sensors, humidity sensors, water sensors, battery sensors, Wi-Fi sensors and more. You can also extend the range of coverage with special equipment.

Sitewise: With the Sitewise app available through the iTunes App Store, you can find out the demographics of a neighborhood. The app will give you demographic information for a neighborhood, including population by age, household income, rent vs. own, employment, educational information and more. Through a detailed demographics report, you can make an informed decision about whether a specific neighborhood is a desirable area for a real estate investment.

Whether you are a seasoned commercial property investor or just starting out, we can help with all the legal aspects of purchasing commercial property. Contact us to schedule your consultation. We’re here to help!
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