There’s been a sort of tug-of-war with property owners feeling at cross purposes with their tenants. Properties need to manage ever-growing energy costs. Guests and residents want to be comfortable. Compounding the challenge, property staff are frequently incentivized...
There are two competing philosophies when it comes to adopting new business models or technologies: ‘if it ain’t broke, don’t fix it’ or ‘out with the old, in with the new’. And while there’s something to be said for ‘a penny saved is a penny earned’, there are often...
When it comes to commercial properties, multifamily buildings represent a truly unique investment. On the one hand, rental units generate ongoing revenue that finance the overall operation, while the property value itself tends to (barring unforeseen circumstances or...
As the world becomes more environmentally conscious, the adoption of smart energy management solutions is inevitably becoming a mandate for large commercial buildings. Demand response (DR) is one of those mandates that help reduce energy consumption during peak...
Real estate is an industry as old as civilization, and as old as the real estate industry is the art of property management. Real estate is an investment, and the goal of any investment is to generate a profit and, ideally, maximize ROI. To maximize the ROI of an...
While commercial and residential properties differ in their nature and their needs, they both represent significant investments, and with any investment, there is a degree of risk involved. After all, not only are market conditions (i.e. level of competition, the...
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