NewNetSuite 2026.1 — What's new
Real Estate Expertise

Real Estate Solutions

NetSuite ERP for real estate. Property accounting, lease management, tenant billing, fund reporting, and portfolio visibility.

10+ Years NetSuite Focus · Senior Developers Only · Integration Specialists

The Problem

Real estate runs on relationships. Your back office should keep up.

Fund accounting complexity

Multiple funds, entities, and investors — each with different reporting requirements. Manual consolidation that takes weeks.

Lease management gaps

ASC 842 compliance, CAM reconciliation, and tenant billing tracked in disconnected systems or spreadsheets.

Investor reporting burden

Quarterly distributions, K-1 preparation, capital account tracking — all requiring manual data assembly.

Disconnected property systems

Property management, accounting, and CRM in separate tools. No single view of portfolio performance.

Spreadsheet-based property accounting creates risk. BrokenRubik configures NetSuite with proper fund accounting, lease management, and investor reporting — integrated with your property management systems so financials stay accurate without manual reconciliation.

Why BrokenRubik for Real Estate

NetSuite configured for property operations

Fund Accounting with OneWorld

NetSuite OneWorld tracks financials by fund, property, and investor across unlimited subsidiaries. Automated allocations, intercompany eliminations, and consolidated reporting across your portfolio.

ASC 842 Lease Management

NetSuite Advanced Financials handles ASC 842 lease tracking, ROU asset calculations, CAM reconciliation, tenant billing, and automated rent escalations.

Investor Reporting

Automated distribution calculations, capital account tracking, and investor portal access to statements and K-1s.

Property Accounting

Property-level P&L, budget vs. actual tracking, and NOI analysis across your entire portfolio.

System Integration

Connect with Yardi, MRI, AppFolio, or other property management platforms for unified operations.

Portfolio Analytics

NetSuite SuiteAnalytics delivers real-time dashboards showing occupancy, collections, NOI, and portfolio performance metrics—with drill-down from portfolio to property to lease.

Everything real estate companies need

Fund Accounting
Lease Management
Tenant Billing
Investor Reporting
ASC 842 Compliance
Property Analytics
Multi-Entity
Distribution Calcs
See it in action

No commitment required

Our Approach

Senior developers. Connected systems. No gaps.

Real estate accounting is complex — fund structures, waterfalls, investor allocations. BrokenRubik brings senior developers with 8+ years NetSuite experience who configure these correctly the first time. We integrate with your property management platform so data flows automatically. Weekly demos keep you informed.

  1. 1

    Real Estate Discovery

    Map your fund structure, property types, lease terms, investor requirements, and integration needs.

  2. 2

    Solution Design

    Design fund hierarchy, property chart of accounts, lease rules, and reporting architecture.

  3. 3

    Configuration & Build

    Configure fund accounting, lease management, tenant billing, and investor reporting modules.

  4. 4

    Data Migration

    Migrate properties, leases, tenants, historical financials, and investor records. Multiple test loads.

  5. 5

    Integration & Testing

    Connect to Yardi, MRI, or other property management platforms. Test lease calculations and fund reporting.

  6. 6

    Training & Go-Live

    Train property accountants, asset managers, and investor relations teams. Controlled cutover.

Pricing & ROI

Wondering what NetSuite costs for your industry?

Pricing depends on modules, users, and implementation scope. We've broken it down so you know what to expect before talking to any vendor.

Let's talk about your real estate operations

We'll give you an honest assessment of what NetSuite can do for your portfolio — and be upfront about fund complexity and integration requirements.

What happens after you submit:

  1. 1We respond within 24 hours — usually same day
  2. 2A senior consultant reviews your fund structure and property needs
  3. 3You get realistic scope and timeline expectations

No pressure. Just honest conversation with people who understand real estate financial operations.

Real Estate FAQs

Does NetSuite handle fund accounting for real estate?

Yes. NetSuite supports multi-fund, multi-entity structures with proper allocation rules, waterfall calculations, and consolidated reporting. We configure fund hierarchies to match your partnership agreements.

Can NetSuite manage ASC 842 lease accounting?

Yes. NetSuite handles ASC 842 compliance including right-of-use (ROU) asset calculations, lease liability amortization schedules, and disclosure reporting. We configure both operating and finance lease classifications, set up the journal entries that run automatically each period, and build the disclosure reports your auditors require. For real estate companies with large lease portfolios—both as lessors and lessees—this eliminates significant manual accounting work at period close.

Does NetSuite integrate with property management software?

Yes. We integrate NetSuite with Yardi, MRI, AppFolio, and other property management platforms. Tenant records and lease terms sync automatically, rent collections post to NetSuite within hours of payment, CAM expense allocation runs based on lease-defined proportions, and tenant billing adjustments sync bidirectionally. This typically saves 10-15 hours per week of manual reconciliation for multi-property portfolios and means your portfolio P&L updates daily instead of requiring manual consolidation at month-end.

How does investor reporting work?

We configure automated distribution calculations, capital account tracking, and investor-facing reports. Partners can access statements through a portal without your team manually assembling packages.

How long does a real estate implementation take?

Typical implementations run 12-16 weeks depending on fund complexity and integration requirements. Single-entity operators take 10-12 weeks. Multi-fund structures with property management integration extend to 14-16 weeks.

Can NetSuite handle commercial and residential portfolios?

Yes. NetSuite supports mixed-use portfolios with different billing models, lease structures, and reporting requirements for commercial, residential, and industrial properties.

Why choose BrokenRubik for real estate?

We bring 10+ years of NetSuite focus with senior developers who understand fund accounting and property operations. BrokenRubik integrates NetSuite with your property management platform so financials update automatically — no manual reconciliation. Our 98% client retention reflects relationships built on getting it right.

Still have questions? Drop us a message, we'd love to hear from you!

Get in touch
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