Year-End Accounting of Real Estate Companies: Specific Challenges and Solutions
Outsourcing Hub India
by OHI
1w ago
Year-end accounting is one of the most important processes real estate companies undertake to report accurately, ensure compliance, enhance strategic decision-making, and support investor confidence. The unique structure of property management, development, and investment in the industry brings along unique ..read more
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Transforming Real Estate Data into Strategic Insights: The Future of BI
Outsourcing Hub India
by OHI
1w ago
In an era where data is the new oil, the real estate industry is undergoing a significant transformation, driven by advancements in business intelligence (BI ..read more
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Unlocking the Power of CAM Reconciliation in Commercial Real Estate
Outsourcing Hub India
by OHI
1w ago
Introduction CAM (Common Area Maintenance) reconciliation serves as a cornerstone in the realm of commercial real estate management, facilitating equitable distribution of maintenance expenses among tenants. This fundamental process ensures transparency and fairness, playing a pivotal role in fostering harmonious ..read more
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How to Simplify Financial Reporting for Mixed-Portfolio Real Estate Firms
Outsourcing Hub India
by OHI
2w ago
Financial reporting is a necessary prerequisite for all real estate firms to achieve success, especially mixed-portfolio handling firms, which manage a variety of properties, including residential, commercial, and industrial assets. Mixed-portfolio reporting can be complex due to multiple metrics, varying ..read more
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How CAM Impacts Financial Statements in Commercial Real Estate
Outsourcing Hub India
by OHI
3w ago
Common Area Maintenance (CAM) refers to the shared costs incurred in commercial real estate for maintaining and operating common areas within a property. While tenants view CAM as an expense for accessing shared amenities, these operational costs allow landlords to ..read more
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Effective Budgeting Tips for Multifamily Property Owners
Outsourcing Hub India
by OHI
3w ago
A budget is the heart of successful property management for multifamily property owners. Balancing numerous expenses, tenant needs, and revenue streams defines the strength of a well-structured budget. Proper budgeting not only enhances profitability but also ensures efficient property maintenance ..read more
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Tackling Real Estate Accounting Challenges in Real Estate: A Step-by-Step Guide
Outsourcing Hub India
by OHI
3w ago
The real estate industry is dynamic and multi-faceted, often compelling professionals to deal with tasks such as difficult financial operations, regulatory compliance, and stakeholder expectations. Accounting is a critical backbone of real estate operations, but accounting presents some unique challenges ..read more
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Proptech and Sustainability: A Green Revolution in Real Estate
Outsourcing Hub India
by OHI
1M ago
Did you know the real estate sector is responsible for nearly 40% of global energy-related greenhouse gas emissions? This shows how urgent it is for the real estate industry to adopt sustainable practices. In the United States, a big change ..read more
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Avoiding Common Mistakes with Real Estate Accounting Services
Outsourcing Hub India
by OHI
1M ago
Real estate accounting is a specialty area that plays a serious role in the success of any real estate business, especially for businesses specialized in property management, real estate development, and investments. Accounting for real estate transactions, income, and expense ..read more
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ESG Data Management: Streamline Your Sustainability
Outsourcing Hub India
by OHI
1M ago
In today’s business world, environmental, social, and governance (ESG) matters are key for all companies. As more focus on sustainability grows, managing ESG data well is essential. This article will look at why ESG data management is important, the hurdles it faces ..read more
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