by Denise Deverelle | Jun 15, 2021 | multifamily management, NOI, ratio utility billing systems
We hope by now, you understand the benefits of charging residents for their utility usage. It’s great for your NOI and is guaranteed to reduce waste. Leaks will get reported faster, which can reduce the amount of water damage that occurs.Assuming you’re...
by Denise Deverelle | Apr 13, 2021 | conservation, energy efficiency, multifamily management
California is leading the way on utility benchmarking in an effort to understand and enforce conservation. Assembly Bill 802 directed the California Energy Commission to create a statewide utility benchmark for buildings larger than 50,000 square feet. The...
by Denise Deverelle | Apr 8, 2021 | conservation, energy efficiency, multifamily management, submeters
Let’s say you have a multifamily property and one water meter for the building. Residents pay their own gas and electric, but you pay the water bill and have always just factored water in when you calculate your rental rates. The water bill keeps getting higher, but...
by Denise Deverelle | Dec 1, 2020 | multifamily management, ratio utility billing systems, utility expense management
SAN DIEGO, CA — Multifamily Utility Company is delighted to announce its President and CEO, Brian Stone, has been appointed to the Utility Management and Conservation Association (UMCA) board. UMCA’s mission is to promote increased conversation and cost...
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 | Sep 2, 2020 | conservation, multifamily management, NOI, ratio utility billing systems, submeters
How to Calculate and Decrease 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...
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