Property & Asset Management← The Database
Accruent
Enterprise software platform for managing the built environment - real estate, facilities, and assets. Their Lucernex product handles CRE lease management, lease accounting compliance (ASC 842, IFRS 16), site selection, and construction project management. Acquired by Fortive for $2B in 2018, serving 10,000+ organizations in 150+ countries.
When to use it
Use for enterprise-scale real estate portfolio management, lease accounting compliance, and facilities management. Lucernex specifically handles lease administration, site selection analytics, and construction project oversight for organizations managing large commercial portfolios across multiple asset types.
