RealPage Commercial
A property management software for commercial and industrial businesses.
Product Overview
RealPage Commercial Property Management is a cloud-based property management solution designed for commercial and industrial businesses. It offers a suite of features, including accounting, budgeting, facilities maintenance, purchasing, document management, and reporting. The system also supports lease administration, common area maintenance recoveries, and commercial lease accounting and provides a tenant portal for secure logins, service requests, and online payments.Pros
- Seamless integration between different modules like leases, work orders, and owner info
- Enables users to store electronic records and digital compliance documents
- Provides customizable features, reminders, forms, and standard reports
Cons
- Requires consult call for pricing
Target Market
Small to large-sized commercial and industrial property management companies, owners, managers, developers, and real estate investors.Not Recommended For
Single or multifamily residential property management companies.Features:
- Lease Administration: Streamlines daily commercial leasing activities with features like lease boilerplates, amendment tracking, on-demand lease history views, and custom fields for specific lease data.
- Common Area Maintenance Recoveries: Handles complex recovery calculations, including base years, gross-ups, minimums and caps, expense exclusions, and more.
- Commercial Lease Accounting: Manages various billing types for office, industrial, and retail properties, including CPI increases, percentage rent, recovery billing, late fees, recurring charges, and straight-line rents.
- Tenant Portal: Provides tenants with secure access to features like entering service requests, viewing open balances, reviewing statements, and making online payments.
- Configurable Dashboards: Built-in, role-based dashboards that can be customized to display specific operational or financial information for each user.
- Excel Integration: Integrates with Excel in real-time, allowing users to access all data within the system, create reusable functions and calculations, and package and broadcast reports.
- Customizable Features: Users can customize reminders, functions, forms, and standard reports to suit their specific needs.
Product Overview
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