Back-office efficiency is important for the success and growth of your commercial real estate (CRE) firm – especially in our current market. Optimizing the back office ensures streamlined operations, effective management of critical tasks and compliance deadlines, and improved productivity. For example, automation of routine administrative tasks, such as financial reporting and document management, allows […]
In the fast-paced world of commercial real estate (CRE), the back-office plays a pivotal role in ensuring smooth operations. One common challenge that plagues commercial real estate teams is the reliance on spreadsheets for managing data, transactions, and financials. While spreadsheets are versatile tools, they can also be prone to errors that may result in […]
In commercial real estate (CRE), compliance and data security are often considerations for both Sponsors and Investors. For example, when you form a company, you may want to avoid having your private information become public knowledge. A registered agent can step in as the acting agent for your company to help you maintain compliance and […]
Compliance is a critical factor of entity management, and it’s important that your organization is aware of federal, state, and local regulations. Because filing and reporting due dates and requirements vary from state to state, managing the timelines for multiple entities can be challenging. And sometimes finding opportunities to efficiently manage compliance and avoid compliance […]
The Corporate Transparency Act (CTA) was enacted into law on January 1, 2021 as part of the 2021 National Defense Authorization Act. This mandate requires domestic and foreign legal entities to file a report with the Division of the Department of Treasury called the Financial Crimes Enforcement Network (FinCEN), which also regulates it. Organizations that […]
For decades, the commercial real estate (CRE) industry has used and depended on spreadsheets to manage back-office tasks, like accounting, data management, and record maintenance. Although spreadsheets have long been an industry staple, they have inherent limitations that can impede back-office tasks and efficiency. As we approach an impending recession, there is little to no […]