New owners of multifamily residential property are often surprised at the number of laws that affect their ability to do business. In addition to statewide landlord and tenant codes, an owner electing to pass through the cost of usage and ancillary services must consider the local utility tariffs, city or county ordinances, state utility […]
Following in the footsteps of other residential energy efficiency programs, multifamily housing is becoming the subject of new energy performance rules and regulations. The new mandates require higher levels of usage disclosures and prescribe energy benchmarking policies.
The goal of this expanded oversight is to encourage greater transparency in energy performance information. Regulators believe that […]
Current economic conditions are compelling multifamily operators to control costs more than ever. However, the unintended consequences of cutting certain services may actually be more costly, even detrimental, in the long-run.
Case in point: One owner who used a utility billing provider to bill residents, decided to bring the function in-house to save money. […]
With the counting finished, the American populace seemingly voted for the political status quo in what many pundits believed would be a “change” election. President Barack Obama won four more […]