May 1, 2012
Lucernex Real Estate Solutions Strategist, Mike Hammerslag, MS(RE), MBA, CPM® (see Mike’s management summary here), discusses what CFO’s need to know about the new FASB rules.
Time, Resources, Processes, and Impact … New Systems, New Rules … More SOX!
Some people refer to the moment in time when everything is finally laid out before them by all their constituents and the pieces all finally fall into place as an “Aha Moment.” That “Moment” is closer than you think; that moment is NOW!
(more…)
April 23, 2012
Lucernex Real Estate Solutions Strategist, Mike Hammerslag, MS(RE), MBA, CPM® (see Mike’s management summary here), discusses the impact the new FASB rules will have on retailers.
Get Ready in 2013 so you can report in 2015
The FASB/IASB Leases Project has gone on, perhaps even dragged on, more than most of us could have expected. Now with the 2nd Exposure Draft (ED), which was originally expected in the 2nd Quarter of 2011, not due until the 2nd half of 2012 one might be lulled in to a false sense of passive inaction. This would be a mistake!
(more…)
April 10, 2012
Real Estate Technology expert and Lucernex President, Joe Valeri (see Joe’s management summary here), discusses the benefits of Tablet computers in real estate development and management.
Can you believe it has only been two years since Apple introduced the first iPad?1
The use of tablet computers has rapidly increased since Apple released the first iPad in 2010. Gartner predicts that almost 119 million Tablets will be sold in 2012 and over 665 million will be in use by 2016.2
This trend is already beginning to impact retail real estate development and that impact will grow dramatically as Tablets become more and more ubiquitous.
(more…)
April 2, 2012
Real Estate Technology expert and Lucernex President, Joe Valeri (see Joe’s management summary here), discusses the history of retail real estate technology.
I recently wrote a new whitepaper detailing the progression of technology within the corporate real estate industry. The image below provides a summary of that history. This blog focuses on the newest technology, tablet computing, and how it’s already impacting retail real estate productivity.
March 1, 2012
Retail Real Estate expert and Lucernex CEO, Mike Nuzum (see Mike’s management summary here) along with IWMS, Store Lifecycle Management expert and Lucernex President, Joe Valeri (see Joe’s management summary here), discuss their perspective on the history of the Store Lifecycle Management (SLM) and Retail IWMS markets.
Typically in our blogs, we attempt to write an impartial analysis of the subject at hand and save the Lucernex marketing for the end. However, in this blog, the story of the SLM and Retail IWMS market is really the story of Lucernex so there is no way to separate the Lucernex details from the body of the blog.
This is the story of how the Retail IWMS market came about, from the perspective of several industry experts who work at or with Lucernex. As IWMS is a consolidation of the Facilities Management, Facilities Maintenance and Corporate Real Estate software markets, I am very sure there are other opinions from other vendors, especially from outside the retail part of this market, but here’s our viewpoint. (more…)
September 26, 2011
Director of Lucernex Client Services, Jim Short, discusses the NRTA Conference Highlights.
What a difference a year can make! The energy at the NRTA conference this year was definitely around moving forward not just treading water. With the economic picture still cloudy and unsettled, the conversation on technology spending remained conservative. BUT, a new theme emerged – it is time to act!
The conversation around “acting” focused on three areas:
(more…)
August 11, 2011
Manager of Lucernex Lease Analysis products, Mike Hammerslag, discusses recent progress by FASB.
The Boards jointly confirmed on July 21-22, 2011, that they would re-expose a new and updated Leasing Standard Exposure Draft incorporating the changes and progress made since the August 2010 Exposure Draft. The new Draft, including a period of discussion, will be compiled in the 3rd quarter of 2011 and released shortly thereafter sometime in the 4th quarter of 2011. (more…)
July 6, 2011
Manager of Lucernex Lease Analysis products, Mike Hammerslag, discusses recent progress by FASB / IFRS.
I have blogged previously about the tentative nature of the efforts between the FASB / IFRS. To some of you this has may have appeared harsh, while to others, it likely seemed an accurate view of FASB/IFRS positioning. In my reading of changes to the FASB/IFRS position, it true that FASB and IFRS are making progress. The most recent accomplishments from the recent meetings of these two groups are:
(more…)
June 29, 2011
Retail technology expert and Lucernex President, Joe Valeri (see Joe’s management summary here), discusses one takeaway from the recent joint NRTA / Lucernex survey on retailer FASB readiness.
We recently concluded a joint survey with the National Retail Tenants Association (NRTA) focused on the retailers’ perspective of the impact of the FASB changes and their readiness for those changes. One of the great things about collecting this much data at once is that many different dimensions can be explored. The finding that intrigued me the most was HOW retailers are planning to solve the problem and WHO they were involving in the resolution. This finding accentuated for me the vast advances the retail industry has made in both technology and process integration over the past 10 to 15 years. (more…)
June 27, 2011
Lucernex Vice President of Product Management and Retail industry veteran Louise Mailloux-McBurnett talks about the buzz at this years ICSC Recon.
I recently attended the ICSC ReCON in Las Vegas. It was a wonderful opportunity to mingle with current and prospective clients as well as leaders in the real estate world. As Vice President of Product Management for Lucernex, I naturally have my ear to the ground regarding technology and tech issues and how they affect retail.
It was an exciting event this year with attendance much stronger than in recent years.
(more…)
Visit our NEW Corporate Lease Solutions Site
Home of LseMod Solutions
