Sage announced the launch of Sage Intacct Real Estate, a new module that adds property management functionality to the Sage Intacctcloud financial management system. The solution combines the long-trusted, solid foundation of Sage 300 Construction and Real Estate (CRE) Property Management with Sage Intacct's proven multi-tenant cloud platform. A native cloud solution, Sage Intacct Real Estate provides the same reliable functionality of Sage 300 CRE Property Management, with the added benefits of being in the cloud – including the increased flexibility and convenience of being able to access the system from any web browser.

The solution is designed to support multiple tenants in one space, or multiple spaces for one tenant. This feature is particularly critical due to the rapid escalation of sublease space. As more companies look to sublease space, it is important that landlords can track the original lease signee and a new tenant who may now be occupying the space.

Sage Intacct Real Estate also allows for full lease abstract tracking and provides automatic reminders of important dates, including renewal options, lease expirations, and more. Additionally, users can automate management fee calculations, as well as expense recoveries for common area maintenance, real estate taxes, and more. Sage provides a seamless implementation experience for both new users and existing users transitioning from Sage 300 CRE Property Management.

The solution is available in the U.S. and Canada from Sage and its network of trusted partners.