CRESSblue

CRESSblue is designed for commercial property management businesses, including retail, office, industrial and warehouse. A cloud-based solution, it consolidates lease administration, asset management and cost accounting.

It enables you to organize data, reduce manual workload, automate complex calculations and instantly provide detailed reports to auditors, tenants, contractors and investors. CRESSblue enables property managers to make cost estimations and calculate common area maintenance (CAM) expenses, taxes and insurance. This recovery functionality offers the ability to capture all income and eliminate slippage.

The solution even helps manage inducements, landlord-tenant loans and custom lease periods. Supervisors can assign expenses to accounts, conduct audits and manage commercial net leases for a site, building, premise, single or multiple tenants.

Administrators can use the system to provide role and time-based access to owners and tenants, conduct lease negotiations and maintain contracts.

Video Overview

CRESSblue Features

• Property owner portals
• Tenant portals
• Online service requests
• Lease abstracting
• Rents and escalations
• Terms and extensions
• Asset management, complete with installed equipment schedules
• Life cycle adjustments for replacements and maintenance schedules
• CRA Capital Cost Allowance depreciation schedules for all asset classes built in
• Separate Capital Cost Recovery schedules as per the individual lease terms
• Notifications including lease options, service requests and work orders
• Expense allocations
• Direct cost recovery
• Slippage reporting
• Vacancy costs
• Recovery caps – Floor, Ceiling, % Y-Y, Fixed
• Management fees, fully customized
• Reconciliations, adjustments, and statements
• Budgeting
• Overhead