MCS | Knowledge Center

When a retail store shuts down, the work isn’t over. Effective property management is crucial to preserving its value and preparing it for future use or sale. And property services for dark stores are more essential now than ever: After a sharp increase in store closures in 2024 (7,325 closures, the highest since closures reached 10,000 in 2020), Coresight Research anticipates even more closures this year, climbing to around 15,000.

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.

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.

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.

Each season presents unique challenges for residential properties, from winterizing plumbing to preparing landscapes for summer heat. Proactive maintenance is essential for protecting investments, minimizing repair costs and keeping tenants satisfied year-round.

These tips will help you keep residential properties in peak condition—no matter the time of year.