The future of utility management remains optimistic. While slowing from its original pace, the rental housing market continues to grow steadily nationwide with growth coast-to-coast. A little more than a third of the U.S. population now lives in rental housing making conservation efforts and regulatory issues more prevalent to owners and operators. Leveraging an ever-changing […]
California Senate Bill 7
California Legislative Session, Senate Bill 7 (“SB 7”) passed the Senate and Assembly and is in effect as of January 1, 2018. The Governor signed the bill into law prior to the end of September, 2016. The new law creates a mandate for the installation of meters (by the owner […]
In September, Fannie Mae published new changes to their Green Financing program that further entice borrowers to utilize their green lending products. Fannie Mae has committed to paying for the ASHRAE Level II study required as part of the energy and water efficiency analysis for loans made through their green initiative. As mentioned on the […]
Always busy and focused on your operation, you may not have time to stay on top of updates in the apartment market when it comes to supply, demand, rents and occupancy. So how is the industry fairing overall? During a recent live webcast, MPF Research, the market intelligence division of rental housing technology firm RealPage, […]
Budgeting is hard work
There have been many years in my apartment-industry career where budget season has dragged out for month after month, pushing all other duties to the side to satisfy an all-consuming need to continue to review and refine the budget. There are so many moving pieces that drive utility costs: unusual […]
Over 80 percent of California apartment residents don’t directly pay for the water they consume in their home. Without an idea of how much water they use, it’s impossible for residents to have any real understanding of how to best scale back consumption. That, however, is about to change.
As legislators and supporters see it, […]
I have a friend who is super passionate about trash. Actually, more correctly stated, I have a friend who is passionate about diversion.
“Unless you or someone you love is in diapers, you should not have trash.” He tells me. “Inconceivable!” I think to myself as I see my properties trash enclosures on Monday morning, […]