August 8, 2012

Big Box Retailer Selects Lx Retail from Lucernex To Replace Siterra

Dallas, TX (August 6, 2012) – Lucernex Technologies announced today that one of the nations largest retailers has selected Lucernex’s cloud-based Lx Retail solution to manage its portfolio of over 450 big box and strip center locations in 45 states. Lx Retail will replace their legacy system Siterra.

“After we have completed this data conversion we will have successfully converted most major legacy lease administration systems at least once”, said Ken Brown, EVP and CIO of Lucernex, “our data conversion toolkit has proven successful in quickly and accurately converting any legacy system”. (more…)

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August 6, 2012

FASB Guidelines Change Update!

Lucernex Real Estate Solutions Strategist, Mike Hammerslag, MS(RE), MBA, CPM® (see Mike’s management summary here) has been keeping close tabs on the upcoming FASB guideline changes for retail leases and provides this update.

ONE Model with THREE Approaches!

There has been some significant progress this summer and I am happy to report that final adopted regulations in less than ten (10) months would not be a surprise!
(more…)

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