by Denise Deverelle | Sep 2, 2020 | conservation, multifamily management, NOI, ratio utility billing systems, submeters
How to Calculate and Increase the Cap Rate on Your Multifamily Asset Kate Forsyth, Regional Sales Manager The financial market has changed drastically in the past year due to Covid-19 with an emphasis on less speculative valuing of investment properties and more... by Denise Deverelle | Sep 17, 2020 | multifamily management, ratio utility billing systems, utility expense management
Multifamily Utility Company, Inc., a leading utility management company, announced today the appointment of Rob Esposito as their SVP of Strategic Accounts. In his new position, Rob will be responsible for the sale and development of national strategic accounts... 
by Denise Deverelle | Jul 6, 2020 | multifamily management, utility expense management
As challenging as 2020 has been, unexpected situations like a global pandemic give us a chance to think differently about how we do business and create opportunities to focus on what matters most. While taking care of residents is top-of-mind, there are probably other... 
by Denise Deverelle | May 5, 2020 | NOI, pandemic, ratio utility billing systems
Well, 2020 has certainly been a wild ride so far. We started the year with significant utility rate increases in almost every state. I monitor these for our customers and some days could barely keep up with all of the water, sewer, gas, and electric rate hikes. As if... 
by Denise Deverelle | Apr 30, 2020 | conservation, energy efficiency, multifamily management
Today the news reported that 30 million people have filed for unemployment amid the coronavirus pandemic. For your residents who may have worked outside the home, this month may bring utility bills much higher than their normal bills. If you have a utility billing... 
by Denise Deverelle | Apr 20, 2020 | amenities, multifamily management, NOI, ratio utility billing systems
Our industry has certainly faced some challenges recently. Late last year, California passed statewide rent control. We also saw a lot of water, gas, and electric rate hikes at the beginning of 2020. Then the pandemic landed on our doorstep, and nearly 22 million... 
by Denise Deverelle | Jan 20, 2020 | conservation, multifamily management, NOI, rental trends, submeters
We’ve seen some colossal utility rate increases proposed and implemented across the country in the last few months. Costs for repairing and expanding aging infrastructures are often miscalculated, resulting in giant utility rate proposals to modernize systems. In some... 
by Denise Deverelle | Dec 17, 2019 | litigation, multifamily management, NOI, utility fails
We talk a lot about the rewards of utility recovery because there are so many. Owners receive relief from inflation, utility rate increases, excess consumption, and increased NOI as a result. What we don’t talk about a lot is correctly designing your utility program... 
by Denise Deverelle | Nov 1, 2019 | NOI, rent control, submetering, submeters
If you own rental units in California, you have likely heard that California has passed statewide rent control, beginning January 2020, but retroactive to March 2019. The rate you were charging California residents on March 15, is the base rate for your increase cap.... 
by Denise Deverelle | Oct 17, 2019 | support
If you use a mobile phone to pay your utility bill, please follow these instructions for a better experience: iPhone – Use the Safari browser in desktop mode and landscape orientation. To get the desktop mode, press the sharesheet (rectangle with upward arrow)... 
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