As technology advances, so do the expectations for safety and convenience in multi-family rentals (MFR) and student housing. And according to recent research, residents are willing to pay more for the enhanced security provided by technology solutions like smart doorbells, video surveillance and mobile access control.
While it may seem that winter was just here, savvy facility and property managers know that it’s already time to start planning for the next snow season. May is the time to start drafting your RFP so it can be distributed to potential partners in June allowing a decision to be made in August to be prepared for the first snowfall. Our team of experts outlines seven essentials to include in your snow and ice RFP, plus three RFP mistakes to avoid.
Saving money during tenant turns (also referred to as “make readies”) starts with shortening timelines and reducing unnecessary steps. The key is to be proactive and streamlined—fewer delays, fewer approvals and fewer surprises. These six essential elements can help reduce long-term costs and get your property re-rented faster:
Maintaining a reliable HVAC system is crucial for the comfort, safety and efficiency of any commercial property, not to mention keeping costs in check. After all, heating, ventilation and air conditioning account for around 35% of energy consumption for commercial buildings, according to Department of Energy estimates.
Properly boarding windows is commonly necessary for securing vacant properties, safeguarding against break-ins and vandalism, and caring for a property that’s been damaged by a natural disaster. Traditionally, plywood has been used for securing vacant properties, but some municipalities now require “clearboarding,” which uses a clear polycarbonate board over openings. Be aware of local requirements and provide justification for plywood or polycarbonate when bidding a project.
As banking services evolve, so do your properties. Whether it’s refreshing an existing space, undertaking a complete remodel or moving into a previously occupied space, making the right updates is essential for security, branding and functionality. Every detail—from fresh paint and updated flooring to new lighting and secure locks—contributes to a seamless transition and an outstanding customer experience.