Covid-19 impacted each facet of everyday life, including rent management. As the pandemic raged, business operators across the country struggled with managing the sheer volume of new lease agreements after abatements and deferrals had been agreed upon. That’s where Property Works stepped in. With the new Rent-Deferral Tool, also known Read more…
A new lease accounting standard—namely, Accounting Standards Codification (ASC) 842—has made significant changes to accounting practices for operating leases, causing major frustration for large and small companies alike. But it doesn’t have to. Here, we’ll explore the ins and outs of the new accounting standard so you can answer questions Read more…
Property Works Releases New Rent-Deferral Tool COVID Related Tool Helps Multi-Unit Tenants Keep Payments Organized During Pandemic Atlanta, GA: Property Works, an industry leader in real-estate and lease-portfolio management, recently launched the Rent-Deferral Tool, their latest software module which allows multi-unit tenants to easily manage their rent deferrals, abatement agreements, Read more…
Property Works Will provide comprehensive lease management to Ruby Tuesday Property Works announced the signing of its newest client, Ruby Tuesday. Ruby Tuesday, a staple of the restaurant industry for nearly 50 years, will retain Property Works to manage their lease portfolio and accounting compliance. “We first met at the Read more…
For the second straight year, Property Works is taking part in the Best Buddies Georgia Champion of the year fundraiser. The goal of the fundraiser is to raise enough money to open a Best Buddies Georgia office and hire full-time staff. Best Buddies is a nonprofit organization dedicated to establishing Read more…
Bojangles’ Famous Chicken ‘n Biscuits, an American regional chain of 750 restaurants in 11 states, closed on its first whole-business securitization in October 2020. Bojangles, legal counsel Paul Wiess, and Barclays engaged Property Works to obtain all necessary consents from Bojangles’ landlords. Despite the disruption of the Pandemic, Property Works Read more…
