RealFoundations Partners with Q Software to Deliver Cloud-Based Automated Audit Capabilities to Supported JDE Clients

RealFoundations Partners with Q Software to Deliver Cloud-Based Automated Audit Capabilities to Supported JDE Clients

June 2017 | Dallas, TX — Real Foundations has partnered with Q Software to offer an integrated security & audit solution to Managed Services clients in the Real Estate Industry.  The out of the box functionality offers both a cloud based auditing system and a set of tools which fully integrate with the JD Edwards ERP system, providing services and content tailored to the specific needs of each client.

Utilizing the QCloud Automated Audit and Audit Manager platforms allows RealFoundations to provide a full security audit without installing additional software. 

RealFoundations Managed Services clients using JDE also benefit from:

  • Reduction of external auditing costs
  • Prevention of fraud and prioritized security rework requirements
  • Summarized findings in critical areas including Master Data, Critical Programs and Data Security.
  • Customization of Segregation of Duties rules within JDE for Real Estate
  • Improved security inquiry and net effect of role changes and combinations
  • Drill down capabilities for investigative issues

JDE users in the REIT and Home Builder markets will find these tools immensely helpful in fulfilling auditor requirements and in preventing fraud on their system.  "Companies in the Real Estate market face particularly stringent compliance challenges, which are very difficult to satisfy with the native JD Edwards Real Estate software," said Mike Ward, Chief Executive Officer at Q Software.  "We are delighted to partner with Real Foundations to deliver tailored solutions based on common audit requirements identified by Real Estate clients and auditors."

About Q Software As an Oracle Gold Partner, Q Software’s Audit, Security Control, and Efficiency solutions help 300+ JD Edwards and Oracle E-Business Suite customers protect their businesses from fraud, whilst significantly reducing the cost, effort and complexity of managing risk and demonstrating regulatory compliance. www.qsoftware.com

About RealFoundations RealFoundations is a professional services firm focused on the real estate industry. With offices on four continents, 400+ client-serving professionals and off-shore delivery capabilities in China and India, RealFoundations provides Management Consulting, Managed Services and Energy Solutions to developers, owners/operators, service providers, institutional investors and corporate occupiers. From the building itself to the way it is used, operated and financed, no firm understands the inner workings of the entire real estate ecosystem as well as RealFoundations. We Make Real Estate Run Better. www.realfoundations.net

“Analyzing Energy Data – Does Your ERP Suffice?” – By RF Director Julius Caten

“Analyzing Energy Data – Does Your ERP Suffice?” – By RF Director Julius Caten

June 2017 | Dallas, TX — A new article has been published in GRESB Insights online, highlighting the importance of an efficient ERP System and how the effective capture, tracking, reporting, and cross-departmental sharing of energy related data within an organization can dramatically contribute cost savings and reduce energy waste.  In the article, RealFoundations Director Julius Caten outlines several capabilities of a standard ERP system, as they relate to energy data capture, providing the opportunity for a Company to take inventory of whether their current ERP fits the bill.  Read the full article here.

About RealFoundations  RealFoundations is a professional services firm focused on the real estate industry. With offices on four continents, 400+ client-serving professionals and off-shore delivery capabilities in China and India, RealFoundations provides Management Consulting, Managed Services and Energy Solutions to developers, owners/operators, service providers, institutional investors and corporate occupiers. From the building itself to the way it is used, operated and financed, no firm understands the inner workings of the entire real estate ecosystem as well as RealFoundations. We Make Real Estate Run Better.

RealFoundations Guides Successful Merger of Equity One with Regency Centers

RealFoundations Guides Successful Merger of Equity One with Regency Centers

June 2017 | Dallas, TX - Regency Centers Corporation (NYSE: REG) (“Regency”) engaged RealFoundations (“RF”) to provide guidance, planning, program management and data conversion services in the enterprise merger of Equity One, Inc. (NYSE: EQY) (“Equity One”) with and into Regency.  This merger integration formed a combined company with a total market capitalization of approximately $16 billion, resulting in inclusion into the S&P 500 Index.

The merger further established Regency Centers as the foremost national shopping center REIT with a high-quality portfolio of 429 properties comprising 59 million square feet of GLA. Including projects successfully transitioned during the merger, Regency now has over $500 million in developments and redevelopments. The effective and efficient integrations of the companies have already allowed Regency to realize the anticipated $27 million of G & A synergies. “We are extremely proud of how our merger integration has progressed and are very pleased with all the work RealFoundations has provided”, stated Lisa Palmer, Regency Centers President and CFO. “The combined Regency and RF teams made extraordinary progress integrating the companies in a very short period of time. It is hard to imagine us achieving these timelines without the benefit of RealFoundations.”

To manage the fast-paced merger, Regency and RealFoundations created a program of 24 projects within six work streams, with RF providing additional project management to help guide the Regency teams during the integration. The project management, meeting structures, prioritization methods, and cross-departmental communication RealFoundations facilitated allowed issues to be identified early and decisions to be made quickly. “The collaboration between the Regency and RealFoundations teams was the key to making our merger integration a success”, says Mike Mas, Regency Centers Managing Director of Finance.  “The formalized process RF brought to the table, supported by the Regency team’s prior experience with integrating real estate companies, allowed our personnel to maintain focus on key priorities and achieve our planned objectives.”

This merger proved to be one of the smoothest company integrations with which RealFoundations has been involved.  “The leadership from the Regency Executive Team and the professional dedication from the Regency team was instrumental in making this merger a success” commented David Srour, Managing Director with RealFoundations.

Within the Technology Asset Integration work stream, RealFoundations provided JD Edwards data-migration services to combine Equity One’s system with that of Regency’s.  In addition, RF also managed the projects needed to transition the entire Equity One infrastructure into Regency’s existing platform.  “With RF’s guidance, the overall merger and, more specifically, the integration of the two information technology platforms has gone very smoothly”, says Dale Johnston, Regency Centers’ SVP & Chief Information Officer. “We believe this to be the fastest REIT merger measured from announcement to close since 2011. Under that type of timeframe, we would not be where we are today without the expertise and assistance provided by RealFoundations.”

About Regency Centers Corporation Regency is the preeminent national owner, operator and developer of neighborhood and community shopping centers. Regency has developed 227 shopping centers since 2000, representing an investment at completion of more than $3.5 billion. Operating as a fully integrated real estate company, Regency is a qualified real estate investment trust that is self-administered and self-managed, and a member of the S&P 500 index.

About RealFoundations RealFoundations is a professional services firm focused on the real estate industry. With offices on four continents, 400+ client-serving professionals and off-shore delivery capabilities in China and India, RealFoundations provides Management Consulting, Managed Services and Energy Solutions to developers, owners/operators, service providers, institutional investors and corporate occupiers. From the building itself to the way it is used, operated and financed, no firm understands the inner workings of the entire real estate ecosystem as well as RealFoundations. We Make Real Estate Run Better.

For additional information, please contact:   

Naomi Souza | +1 214 292 7086 | Naomi.Souza@realfoundations.net

"The Data Problem in Real Estate" - By Managing Director John D'Angelo

"The Data Problem in Real Estate" - By Managing Director John D'Angelo

May 2017 | Dallas, TX —Managing Director, John D’Angelo’s article “The Data Problem in Real Estate” has been published in the NAREIM Dialogues – Spring edition. In the article, Mr. D’Angelo articulates the challenges that both fund and plan sponsors face in gathering asset-level data, citing several common problems in the exchange of data and the costs and risks associated with each. Complete, accurate and timely data is critical to understanding risk and driving investment performance and the article describes the two common approaches to gathering this vital data and building a “solid information foundation”.  For the full article, click here.

About RealFoundations  RealFoundations is a professional services firm focused on the real estate industry. With offices on four continents, 400+ client-serving professionals and off-shore delivery capabilities in China and India, RealFoundations provides Management Consulting, Managed Services and Energy Solutions to developers, owners/operators, service providers, institutional investors and corporate occupiers. From the building itself to the way it is used, operated and financed, no firm understands the inner workings of the entire real estate ecosystem as well as RealFoundations. We Make Real Estate Run Better.

Acion, LLC Takes First-Ever RealFoundations Award at Baylor New Venture Competition

Acion, LLC Takes First-Ever RealFoundations Award at Baylor New Venture Competition

Dmitry Serov, Paige Harrison, and Chad Keinanen of Acion, LLC receiving the RealFoundations Award from David Stanford and Lauren Stokes.

Dmitry Serov, Paige Harrison, and Chad Keinanen of Acion, LLC receiving the RealFoundations Award from David Stanford and Lauren Stokes.

April 2017 | Dallas, TX RealFoundations was honored to participate in the 6th Annual New Venture Competition at Baylor University in Waco, TX, hosted by Baylor University’s John F. Baugh Center for Entrepreneurship in the Hankamer School of Business.  On February 24th and 25th, twelve finalist teams met on campus and showcased their businesses to various industry professionals as well as Baylor professors, competing for both professional guidance, entrepreneurial coaching, and cash rewards to invest into their business models.

This year, RF’s Executive Managing Director and founder, David Stanford, along with Director Lauren Stokes – both Baylor alumni – were invited to participate in the competition, interact with the students and select a team to receive the first ever RealFoundations Award – a financial donation towards the winning team’s new venture.  The RealFoundations Award recipient was selected based on criteria including environmental impact, business process as a service, and operating platform sophistication.

Acion, LLC, a startup from the University of Louisville, was the first-ever RealFoundations Award winner.  “We believe that Acion is targeting a long overlooked operating problem with a unique solution that has the potential to lower both operating costs and loss claims in the residential housing space", says Mr. Stanford. "We were attracted to their singular focus and market opportunity."

RealFoundations sponsorship in the New Venture competition also includes the contribution of a significant number of in-kind professional service hours, focused on providing professional guidance to the recipient.  Acion received this award as well. "We were very surprised and honored to receive the RealFoundations Award at the Baylor New Venture Competition”, states Chad Keinanen, CEO of Acion, LLC.  “We are using the cash award for product development, but are even more excited for the opportunity to work with RealFoundations as we introduce our portfolio of products to residential and commercial properties."

RealFoundations will again participate as a competition sponsor in the upcoming 2018 and 2019 New Venture Competitions.  Read more about the 2017 New Venture Competition and individual competitors here.

About Acion, LLC Acion, LLC protects residential and commercial properties from water damage due to clogged air-conditioning drain-lines through a patent-protected device that connects to, and automatically delivers an environmentally-friendly biocide treatment into, an air conditioner’s (HVAC) drain line to kill algae before it clogs the line. Follow Acion on Twitter.

About Baylor Business  Baylor University’s Hankamer School of Business provides a rigorous academic experience, consisting of classroom and hands-on learning, guided by Christian commitment and a global perspective. Recognized nationally for several programs, including Entrepreneurship and Accounting, the school offers 24 undergraduate and 13 graduate areas of study, as well as Ph.D. programs in Information Systems, Entrepreneurship and Health Services Research. Follow Baylor Business on Twitter.

About RealFoundations RealFoundations is a professional services firm focused on helping companies that develop, own, operate, service, occupy or invest in real estate make smarter, more profitable decisions. From the building itself to the way it’s developed, operated and capitalized, no firm understands the inner workings of the entire real estate ecosystem as well as RealFoundations.  Follow RealFoundations on Twitter.

Women at RealFoundations Program Launches

Women at RealFoundations Program Launches

March 2017 | Dallas, TX  RealFoundations is proud to announce the 2017 launch of Women at RealFoundations (‘WRF’) – a voluntary, employee-led group established to promote professional development, build presence and encourage mentorship among the women at the firm.  Led by Justyna Brooks, HR Manager; Naomi Souza, Director of Presence and Assets; and Lauren Stokes, Director of Managed Services-Technology, WRF will serve as a resource for its members by fostering a diverse and inclusive workplace aligned with RealFoundations’ organizational mission, values, business practices and objectives via regularly scheduled activities throughout the year. 

As a kickoff event, on Friday, March 10, 2017, WRF brought together 30+ of the most tenured women within the firm to participate in a Women’s Leadership Workshop, facilitated by Felix Weiner Consulting Group.  Felix Weiner has provided presentation and leadership coaching to some of the most respected names in real estate.  The workshop focused on personal brand, presentation skills, networking tips, personal accomplishment stories, admiral leadership traits and unconscious bias.  The event gave participants the opportunity to reflect on traits and habits with an eye towards improvement. 

Momentum from this event is being carried forward with a series of quarterly firm-wide activities aimed at advancing short and mid-term goals of visibility, participation, presence growth and professional network expansion.  For additional information, please contact Justyna Brooks.

Tenured RF employees at the Women's Leadership Workshop hosted by Steve Felix and Liz Weiner of Felix Weiner Consulting Group.

Tenured RF employees at the Women's Leadership Workshop hosted by Steve Felix and Liz Weiner of Felix Weiner Consulting Group.

About RealFoundations RealFoundations is a professional services firm focused on the real estate industry. With offices on four continents, 400+ client-serving professionals and off-shore delivery capabilities in China and India, RealFoundations provides Management Consulting, Managed Services and Energy Solutions to developers, owners/operators, service providers, institutional investors and corporate occupiers. From the building itself to the way it is used, operated and financed, no firm understands the inner workings of the entire real estate ecosystem as well as RealFoundations. We Make Real Estate Run Better.

RealFoundations Earns Microsoft's Silver Partner Distinction

RealFoundations Earns Microsoft's Silver Partner Distinction

Microsoft Silver Partner.jpg

February 2017 | Dallas, TX In 2016 RealFoundations earned the prestigious distinction of Silver Partner in the Microsoft Cloud Productivity program for our commitment to creating and delivering innovative customer solutions and services based on Microsoft technologies.  The competency requirements for Silver Partner include Microsoft customer references, Office 365 partners of record, Office 365 deployments and employing company-internal Microsoft Certified Engineer(s).

This accomplishment puts RealFoundations in the top 5% of the Microsoft partner ecosystem which currently consists of over 650,000 partners, vendors and service providers that build, sell or support solutions based on Microsoft products.

As a Microsoft Silver Partner, RealFoundations now benefits from:

  • First-hand knowledge and usage of Microsoft latest software licenses, including Microsoft Developer Network (MSDN) and Microsoft’s Demo Showcase with over 2,500 Of Microsoft solutions and products.
  • Online technical and business skills training from Microsoft Partner Learning Center.
  • Availability to show-case RealFoundations business services and unique expertise through Microsoft Pinpoint Online Marketplace and Partner Marketing Center.
  • Availability of Sales Incentives, Business Investment Funds, and Market Development Funds for use during sales cycle, in additional to direct Microsoft pre-sales support.
  • Dedicated Microsoft Advisors, technical support resources and communications.

This remarkable achievement in the technology world elevates RealFoundations to a new level of qualifications and tools to help provide Office 365 Cloud Productivity solutions and services to our real estate clients.

About RealFoundations RealFoundations is a professional services firm focused on the real estate industry. With offices on four continents, 400+ client-serving professionals and off-shore delivery capabilities in China and India, RealFoundations provides Management Consulting, Managed Services and Energy Solutions to developers, owners/operators, service providers, institutional investors and corporate occupiers. From the building itself to the way it is used, operated and financed, no firm understands the inner workings of the entire real estate ecosystem as well as RealFoundations. We Make Real Estate Run Better.

 

Dale Smith Promoted to Managing Director at RealFoundations

Dale Smith Promoted to Managing Director at RealFoundations

February 2017 | Dallas, TX —RealFoundations is pleased to announce the promotion of Dale Smith to Managing Director with the firm.  Dale has been serving the real estate industry for over 22 years by way of business process optimization, system implementation, training strategy development, change management, and consulting.  His experience spans all areas of real estate including retail, office, industrial, corporate, multifamily and homebuilding. 

According to RealFoundations’ Executive Managing Director Chris Shaida, Dale’s deep knowledge of industry practices have helped shape the success of RF’s Managed Services practice.  “We are excited about Dale’s progress as a leader, his consistent drive to deepen and widen his capabilities and knowledge, and his commitment to providing solutions that allow our clients to operate more effectively.” Dale currently manages the Technology Support Services team for RealFoundations Managed Services, and resides in Dallas, TX with his family.

About RealFoundations RealFoundations is a professional services firm focused on the real estate industry. With offices on four continents, 300+ client-serving professionals and off-shore delivery capabilities in China and India, RealFoundations provides Management Consulting, Managed Services and Energy Solutions to developers, owners/operators, service providers, institutional investors and corporate occupiers. From the building itself to the way it is used, operated and financed, no firm understands the inner workings of the entire real estate ecosystem as well as RealFoundations. We Make Real Estate Run Better.

 

RF Directors Publish Data Quality Article in GRESB Insights

RF Directors Publish Data Quality Article in GRESB Insights

February 2017 | Dallas, TX - RealFoundations Directors Natalie Wilson and John Seaton published an article in GRESB’s online blog, Insights, describing the importance of data quality, noting problems that many companies face when preparing for reporting submissions or large-scale data projects.  In the article they identify common issues among three areas of structured data and give pointers for validating and monitoring reports to decrease risk and improve performance.

Read the full article here to learn more.

About RealFoundations RealFoundations is a professional services firm focused on the real estate industry. With offices on four continents, 350+ client-serving professionals and off-shore delivery capabilities in China and India, RealFoundations provides Management Consulting, Managed Services and Energy Solutions to developers, owners/operators, service providers, institutional investors and corporate occupiers. From the building itself to the way it is used, operated and financed, no firm understands the inner workings of the entire real estate ecosystem as well as RealFoundations. We Make Real Estate Run Better.

RealFoundations Participates in EPRA Mentoring Programme

RealFoundations Participates in EPRA Mentoring Programme

January 2017 | London, UK - The European Public Real Estate Association (EPRA) has developed a rapidly-growing mentoring program aimed at narrowing the gender diversification gap that is present at high-level management and boardroom positions of publicly listed European companies. By pairing talented females in the workforce with senior real estate executives, EPRA's forward looking program assists with guiding women in meeting their career goals.

RealFoundations Consultant, Irina Lenchuk, is an active member in the program whose dedicated work performance continues to impress her mentor, Rachel Lavine, CEO of Gazit-Globe and Vice-Chairman of Atrium European Real Estate.  

RealFoundations has been a strong advocate of promoting successful women within the workforce throughout its history and became an early adopter of EPRA's diversification program after its establishment in 2015. As stated by Andrew Carey, RF Managing Director, "[It] is part of our global culture programme to support diversity in the workplace and RealFoundations [is] extremely appreciative of the high-quality mentoring provided by the EPRA mentors to our staff." 

Read more about EPRA’s diversity program and Irina’s involvement here.

About RealFoundations RealFoundations is a professional services firm focused on the real estate industry. With offices on four continents, 350+ client-serving professionals and off-shore delivery capabilities in China and India, RealFoundations provides Management Consulting, Managed Services and Energy Solutions to developers, owners/operators, service providers, institutional investors and corporate occupiers. From the building itself to the way it is used, operated and financed, no firm understands the inner workings of the entire real estate ecosystem as well as RealFoundations. We Make Real Estate Run Better.