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Building staffs are being trained around the country and making a difference, but no matter how professional, informed, dedicated and enthusiastic a property manager might be, real results will require the leadership of our country’s property owners. If you’re one of those who thinks this will never happen, think again. There are shining examples of property management companies that have brilliantly based their success on the green movement.
If you don’t use Google Alerts to follow the apartment industry, here are a few recent developments that may signal more regulation and the future government and community’s expectations of multifamily housing operators and owners.
Self-financing building improvements for a guaranteed utility savings and a measurable, perennial return on investment makes financial sense. This article provides a historical perspective on our credit addiction and asks us to get smart and pay as we go.
In addition to maintenance costs, landscaping irrigation often accounts for up to 30% of an apartment building’s water and sewer charges. By applying the principles of sustainable landscaping, operating costs may be lowered and maintenance crews freed to perform other tasks.
Searching for an apartment on-line is a truly great way to limit the time and energy normally invested in finding a rental. Although nothing beats actually viewing an apartment, new tools can help eliminate properties that could never meet your needs.
Sub-metering in new multifamily construction is beginning to gain acceptance across America. It may be a worthwhile investment in an existing building too, and would provide a mechanism for making residents accountable.
The challenges the recession presents for facilities managers are multiple and continuing to grow. Building engineers and real estate agents have also seemingly become interchangeable in owners’ minds, as economics dominate hiring and retention decisions. For the superintendent accustomed to keeping the building humming, the leasing, sales and paperwork expectations can be overwhelming. For the [...]
A robust and active sustainability committee can enhance the value of an association membership and ensure members have the information they need to keep their property values high and their units attractive to new green renters.
Software developers have discovered the rich opportunity presented by the multifamily industry and they have begun providing targeted products that increase efficiency dramatically. It is neither difficult nor expensive to go paperless, particularly when one considers recaptured staff time and reduced supply and storage needs.
