Property Boulevard Review - why 4.2 stars?

Shlomi Lavi / updated: Nov 04, 2022

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What is Property Boulevard?

Property Boulevard is cloud-based as well as an on-premise property management solution for both residential and commercial portfolios. The platform database covers multiple types of commercial and residential properties including retail, industrial and mixed-use commercial properties as well as homeowners associations, single-house, and multi-unit residential properties.

With the software, users can leverage it to organize rent collection, distribute legal notices, pay bills, and other management operations. Configuration options include a single computer, multiple computers in a local network, and multiple users connected in an online network. Property Boulevard is a software product offered by Property Boulevard, a company that was founded in 1996 in the United States.

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Who is it best for?

Property Boulevard is focused solely on the property market and handles commercial, retail and industrial properties, as well as residential units including apartments, Homeowners Associations and Student housing. The software is available as both a web-based and an on-premise solution based on the requirement of the customers.
It is designed primarily for real estate management companies and property managers who require in addition to accounting transactions, a full suite of tools for a complete property management solution. Property Boulevard also offers the option to handle multiple properties simultaneously which is focused on property managers who want a seamless way to control their full property portfolio in one solution. Finally by offering a free trial Property Boulevard give potential customers the ability to try out the software without financial commitment to confirm its fit to their requirements.

Customers are primarily focused in the U.S. and Canada and include Marian Realty, DEELS Properties, Kenmore Apartments and SLM Commercial

Main features and functionalities

Property Boulevard can handle the full accounting side of property management including financials, budgeting, fixed asset management as well as accounts receivables and payments. Payment processing includes checks, bank payments as well as secure online payments through third party ePay and Portal partners. Additionally the software also includes a payroll module to handle all the needs of human resources for the customer.

For management of properties, Property Boulevard has unit definition and tenant management modules, as well as the full suite of legal and contractual notices to formalize the tenant relationship. Additionally there are modules to handle property maintenance from vendors, inventory, incident tracking, and supplies purchase and disbursal as well as related costing. Finally the software provides a selection of reports for analysis and tracking and includes a security hierarchy to control access based on security levels.

What is the actual cost?

The cost of license starts at $2,400 per license. ITQlick pricing score is 6 out of 10 (10 is most expensive). Access ITQlick pricing guide for Property Boulevard. You can also find here pricing information from Property Boulevard's website.

Pros

• Property Boulevard is ideal for billing and accounts payable
• Users can integrate the accounting system with the property/tenant/vendor solution at the client discretion
• Users may maintain their home and business properties in one convenient location
• There is an option for a payroll module in Property Boulevard
• By offering both web-based and on-premise deployments the solution can be implemented as per the customer’s requirements.

Cons

• Users wish there were a method to differentiate between residential and commercial properties
• There are no APIs available for third party software integration in the product
• Customization is limited and controlled by Property Boulevard at additional cost
• Annual support subscription limits supports to three incidents after which additional incidents are chargeable
• Property Boulevard only provides standard reports and any customized reports need to be developed by the vendor at additional charge

How it stacks up?

Access a head to head analysis of Property Boulevard vs alternative software solutions.

Frequently Asked Questions (FAQs)

Is Property Boulevard right for you or your business?

Property Boulevard is a Property Management system designed for property managers or administration companies that need advanced management and accounting services. Customers of Property Boulevard include Marian Realty, Inc., SLM Commercial, The Reseda Apartments, and others.