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 […]
When I think of resiliency, I think of the Giant Sequoia trees in California. Not the California Redwoods, which grow on the coast of the State.
The Giant Sequoias only exist in a narrow 260-mile stretch of the state. It is the only place in the world that these prehistoric trees grow.
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 […]
The U.S. energy infrastructure is large and plodding. Assets span coal mines, gas wells, oil refineries, hydro turbines, nuclear plants, generating stations, pipelines, power lines and technology—to name a few. Trillions of dollars over scores of generations have built a system that delivers a continuous stream of energy to the third-most […]
As the world gets greener and apartment residents desire to leave a smaller carbon footprint, providing electric vehicle charging stations at communities is gaining traction. Multifamily energy and sustainability roundtables inevitably are turning to accommodating renters who own or plan to buy battery-operated cars and trucks.
And it’s not just all talk. The […]
Reducing expenses through solar and other renewable energy sources is growing among affordable and conventional multifamily housing operators.
Solar energy and other renewables now make up nearly 20 percent of net domestic electrical generation in the U.S., according to Renewable Energy World. Favorable policies, programs, green contracts and incentives are affording apartment operators greater opportunities […]