Carl Paulse
Insights and Articles
Carl Paulse
Insights and Articles
If you were fired today…
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.
Steeltown
The numbers tell an emotionless story. They rarely tell you the full picture or capture the human experience.
Defence and Offence
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 ...
4 Good Reasons to Ignore Us
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 ...
Running 200 Businesses
Running 200 businesses well means seeing each one clearly. Not averaged into a portfolio number that hides where the real problems are.
Shoulders of Giants
What AI Owes the People Who Explained Commercial Real Estate
Stop Reporting Numbers. Start Explaining Performance.
The board doesn't wait for next quarter's report to answer its next question.
5 Questions to Understand Every Real Estate Financial Variance
The five questions below aren't hard to ask. They're hard to answer consistently...
How Scalable is Your Portfolio Reporting Process
8 questions to pressure test your reporting process.
By the time you see the variance, how long has the building known?
The best explanation of performance doesn't stop at "why did this happen." It connects what the numbers are telling you with what your people already knew.
If you were fired today…
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.
Steeltown
The numbers tell an emotionless story. They rarely tell you the full picture or capture the human experience.
Defence and Offence
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 ...
4 Good Reasons to Ignore Us
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 ...
Running 200 Businesses
Running 200 businesses well means seeing each one clearly. Not averaged into a portfolio number that hides where the real problems are.
Shoulders of Giants
What AI Owes the People Who Explained Commercial Real Estate
Stop Reporting Numbers. Start Explaining Performance.
The board doesn't wait for next quarter's report to answer its next question.
5 Questions to Understand Every Real Estate Financial Variance
The five questions below aren't hard to ask. They're hard to answer consistently...















