The recent lockdowns drew a hard and fast line through the business of property management—especially across financial functions. Companies with manual and semi-manual processes faced challenges as financial reporting deadlines came due and staff were suddenly working from home with little or no advanced warning or preparation. Billing, AR and other daily functions […]
Drones have created quite a buzz. Visual inspections are just one of many field advantages UAVs (unmanned aerial vehicles) deliver. Drones mean greater operational efficiency and new streams of data for property owners, managers and maintenance teams. A drone can be sent into remote locations and hard-to-access places without ladders, scaffolding or harnesses. […]
From buzzword to mainstream, global ESG (environmental, social, governance) assets could reach $53 trillion by 2025, according to Bloomberg Intelligence. The U.S. is expected to dominate the category by 2022. Still, the ESG space has yet to standardize green metrics—measurements, governance or results. That hasn’t stopped a significant swath of investors seeking to […]
Today’s apartments are about experience. Onsite amenities, chic fixtures and smart appliances continue to permeate the market, but connectivity determines how well they function into a whole experience.
Smart facilities management delivers an attractive return on operational efficiency, while a great resident experience translates to better effective rents. Advances in connectivity greatly elevate […]
Virtual apartment tours exploded almost overnight last year after COVID-19 lockdowns temporarily eliminated in-person property visits. Even as restrictions have eased, such tours are a popular way to engage prospects surfing the internet looking for a place to live.
The use of virtual reality in multifamily is not limited to a prospect’s cyber […]
Greystar Property Management recently received the Utility Management Advisory Sustainability and Innovation award. Sustainability comes in all shapes and sizes.
The company collected thousands of pounds of food for the hungry, showing that humanitarian efforts are as much a part of sustainability as upgrading lighting and toilets. Helping others in such a meaningful […]
We’ve yet to realize the pandemic’s full impact on our nation’s economy and psyche. Apartment owners and operators are already taking a second look at their business continuity plans in light of the new landscape of risk.
Who could have imagined how our lives would change in an instant? Today, entire industries struggle […]
As acronyms go, GRESB and ESG may not be immediately recognizable. However, if you are seeking investment funds, particularly funds from European sources, they are acronyms you probably should know.
The genesis of GRESB
GRESB originally stood for Global Real Estate Sustainability Benchmark. The standard grew from a meeting of EU […]
John Elfreth Watkins wrote an article in 1900 for The Ladies’ Home Journal entitled, “What may happen in the next hundred years.” The son of a civil engineer and train enthusiast, Watkins, Jr. likely inherited his appreciation of networks and their import into the future. Formed by family and imagination, Watkins presciently predicted […]
The pandemic changed the world of apartment operations seemingly overnight. People who had never heard the phrase “social distancing” quickly became dedicated practitioners. To say that the mass change in social behavior had a ripple effect on apartment operations would be a huge understatement. It was more like a tidal wave.
The pandemic […]