Insights and Articles2026-10-30T15:03:46-04:00

Carl Paulse

Insights and Articles

Carl Paulse

Insights and Articles

1310, 2026
  • Two businessmen walking out through the revolving door of an office building

If you were fired today…

October 13th, 2026|

Our replacement would not be encumbered by our prior experience. That’s their whole advantage, and we don’t have to get fired to claim it.

210, 2026
  • Steeltown

Steeltown

October 2nd, 2026|

The numbers tell an emotionless story. They rarely tell you the full picture or capture the human experience.

2909, 2026
  • Two colleagues in an office lobby: “Hard to push rents in this market.” “Then we have to work both sides of NOI.”

Defence and Offence

September 29th, 2026|

How are REITs and multi-residential operators protecting NOI as margins compress? They are working both sides of the P&L. Defence means protecting occupancy, managing concessions and controlling the costs they can actually influence. Offence means finding new NOI through ancillary revenue, selective opportunities and better execution. Both depend on understanding performance building by building before results roll up to the portfolio. Margin compression is focusing the REIT and multi-res playbook. For a long time, the formula was relatively straightforward: grow rents, control expenses, grow NOI. That becomes more difficult ...

2809, 2026
  • Two colleagues in an office lounge agreeing that reporting is tedious but there is no time to implement another system

4 Good Reasons to Ignore Us

September 28th, 2026|

Why should CRE financials and their explanations live in the same system? When numbers and their explanations sit in different places, finance teams rebuild context by hand every reporting cycle and executives cannot defend a variance on the spot. Keeping both in one system means every figure arrives with its reason, so CFOs can answer investors and boards without waiting for the next report. We sat in a seasoned CRE CFO's chair and asked one question: why would you resist the idea that the financials and their explanations should ...

2209, 2026
  • Two colleagues walk past a building advertising two months free rent: “Every building is fighting a different battle.” “And we have 200 of them.”

Running 200 Businesses

September 22nd, 2026|

Running 200 businesses well means seeing each one clearly. Not averaged into a portfolio number that hides where the real problems are.

1310, 2026
  • Two businessmen walking out through the revolving door of an office building

If you were fired today…

October 13th, 2026|

Our replacement would not be encumbered by our prior experience. That’s their whole advantage, and we don’t have to get fired to claim it.

210, 2026
  • Steeltown

Steeltown

October 2nd, 2026|

The numbers tell an emotionless story. They rarely tell you the full picture or capture the human experience.

2909, 2026
  • Two colleagues in an office lobby: “Hard to push rents in this market.” “Then we have to work both sides of NOI.”

Defence and Offence

September 29th, 2026|

How are REITs and multi-residential operators protecting NOI as margins compress? They are working both sides of the P&L. Defence means protecting occupancy, managing concessions and controlling the costs they can actually influence. Offence means ...

2809, 2026
  • Two colleagues in an office lounge agreeing that reporting is tedious but there is no time to implement another system

4 Good Reasons to Ignore Us

September 28th, 2026|

Why should CRE financials and their explanations live in the same system? When numbers and their explanations sit in different places, finance teams rebuild context by hand every reporting cycle and executives cannot defend a ...

2209, 2026
  • Two colleagues walk past a building advertising two months free rent: “Every building is fighting a different battle.” “And we have 200 of them.”

Running 200 Businesses

September 22nd, 2026|

Running 200 businesses well means seeing each one clearly. Not averaged into a portfolio number that hides where the real problems are.

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