CRE, property management, REITs & managing agents
Hold every contractor accountable — verified, compliant, and paid on results — across the whole portfolio.
For owners and third-party managers, the way you lose money is specific: liability claims, uninsured-vendor exposure, missed compliance deadlines, and contested pass-through costs. FacilityOpsIQ is the verified operations-and-vendor layer that sits alongside your property and accounting systems and proves — building by building — that work was done, vendors were compliant, and cost is justified.
The pressure you’re under
What makes real estate operations hard
Not generic problems — the specific ones that make documentation non-optional in your industry.
Premises liability & a hardening insurance market
US “nuclear” verdicts hit a record $31.3B across 135 verdicts in 2024 (up 116% YoY), and casualty rates kept rising (~+7%) even as property softened. A slip-and-fall or fire defense turns on the inspection duty and constructive notice — consistent, timestamped, tamper-evident records are the evidence you met it.
Vendor COI / insurance compliance
A certificate of insurance “confers no coverage” — it’s a point-in-time snapshot, and a lapsed COI can leave the owner uninsured for a vendor-caused claim. Chasing expiring certificates across a vendor base is relentless (a single-purpose competitor raised a $15M Series B just to automate it).
Building & local-law compliance
These are documentation mandates. NYC’s façade law (LL11/FISP) covers ~16,000 buildings on a 5-year cycle with penalties of $1,000/month plus $5,000/year for late filings; gas (LL152), annual elevator (CAT1) and boiler filings, and NFPA 25/72 fire ITM all legally require retained inspection and corrective-action records — per building, on deadline.
Tenant & CAM cost disputes
Contested chargebacks erode NOI and strain tenant relationships. Pass-through maintenance costs are only defensible line by line when you can prove what was done, when, and that it was billed honestly.
Portfolio scale across many owners
Managing agents run hundreds of buildings for multiple owners; accountability and proof have to roll up per building and per owner, cleanly separated.
A missed local-law deadline is a fine per building, per month; an undocumented vendor job is a potentially uninsured claim; a disputed CAM line is lost NOI. Across a portfolio, all three compound — and “the records were backdated” is a live courtroom argument tamper-evident proof simply defeats.
How FacilityOpsIQ helps
Verified operations, built for real estate
Portfolio-wide vendor accountability
Credential and insurance tracking with expiration alerts, plus reputation scores computed from verified outcomes — and vendor-reported costs enter as pending approval, never straight into your totals.
Compliance you can prove, per building
Recurring local-law, elevator, boiler, and fire obligations schedule themselves and produce a completion record for each deadline — a scheduled, verified, exportable evidence trail for the AHJ and the carrier.
Defensible cost & CAM reconciliation
Verified completion and pending-approval cost control make owner reporting and CAM pass-throughs defensible line by line.
Runs alongside Yardi / MRI / RealPage
We’re the verified operations-and-vendor layer — not a lease-accounting or property-accounting system — so it plugs in beside the suite you already run, with clean multi-owner separation.
A tamper-evident record per job, per building — the defensible, independently verifiable evidence insurers, owners, and courts ask for, across the entire portfolio.
Common questions
Real Estate, answered
Does it replace Yardi / MRI / RealPage?
No — it complements them. Those own lease and property accounting; FacilityOpsIQ owns verified maintenance, vendor accountability, and compliance evidence, and runs alongside them.
Can one account manage many owners/buildings?
Yes — multi-site, multi-owner architecture is core, with per-building and per-owner records, dashboards, and clean data separation. One contract can cover a whole portfolio.
Which local laws does it track?
Any recurring compliance obligation can be configured as a self-scheduling program with a completion record — NYC LL11/LL152/LL97, elevator, boiler, backflow, NFPA 25/72, and the equivalents in your jurisdiction.
Transform service requests into verified outcomes.
See how AI-native operations and a tamper-evident record change what "done" means. Book a walkthrough with our team.