CBRE reviews

Never leave your desk.... as a manager, all your time is spent performing accounting functions, processing in P2P, CORE, etc. Not where you want to work if you want to manage commercial real estate.

Real estate managers spend the majority of their time supporting the large P2P platform that has been put in place to ensure that all management functions are completely transparent to upper management. That sounds good in theory, what it translates into in reality is an inordinate amount of time spent managing the platform. Additionally, since the Accounting Department is now a profit center they don't staff to do many basic real estate accounting functions any longer. This means the REM's spend much of their time doing accounting, generally not why they chose Commercial Real Estate. Combine all of this with the focus on profitability, and you can see that actually visiting and improving the real estate becomes secondary.