The SMART, Successful Path to Sustainability
Isn’t it odd that annual goals have been around for thousands of years, but we still struggle to accomplish them? Sustainability initiatives are no different, with roughly 96% of sustainability programs failing! So, what can we do? How can we change the…
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The Rippling Effects of Waste Labor Shortages
Like many industries, waste haulers are still experiencing COVID-19-related difficulties, primarily the effects of labor shortages. Shortages were a problem before the pandemic began, and it has only been exacerbated. Labor shortages mean that service levels have been difficult for…
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6 Money-Saving Tips for Multifamily Property Owners
If you are a multifamily property owner, there’s a lot you need to do for things to run smoothly. Ensuring your units are full and maintaining happy tenants is only part of your job. On the business end of things,…
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New Changes to Credit Score Reporting for Multifamily Housing
Credit scores are an integral part of everyone’s financial life. A good credit score can unlock savings and other financial benefits, like low interest rates and more favorable terms. Because timely rent payments are not traditionally reported to credit agencies,…
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Why Vacant Cost Recovery is Important
Communities often bill their residents for various utility charges like water, sewer, and trash. However, there are two utilities that residents are typically required to set up in their own name with the local utility provider: electric and gas. What…
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3 Ways Retail Operators Reduce Their Utility Expenses
In today’s economic climate, it’s becoming glaringly evident that retailers need to save money to make money. While there may seem like endless avenues to explore when looking to cut operating costs, there is one often overlooked: Utilities. Utilities are…
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5 Things You’re Doing Wrong With Your Multifamily Utilities
Running a multifamily community is no easy task, and when you have multiple communities to manage it becomes even more difficult. As such, it’s natural that you would stick to tried and true practices whenever possible. However, times evolve, laws…
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How to Use RUBS to Improve Utility Cost Recovery
If your property isn’t equipped with submeters, you might be wondering how to fairly charge your residents for utilities. RUBS uses the property’s shared utility expenses to calculate resident charges using a predetermined formula. What Does RUBS Stand For? RUBS…
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Minimize Risk, Increase Your Bottom Line
Multifamily property owners are tasked with managing regulatory compliance in a multitude of ways; evictions, landlord and tenant laws, fair housing, and data security and privacy, just to name a few. So, it comes as no surprise to hear that…
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Editor's Picks
Multifamily Housing Trends
Real estate is always evolving due to the needs of the market and the creation and integration of new technologies. One specific trend is the growing demand for multifamily homes built to rent, especially among millennials. Multi-family trends will continue…
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ENERGY STAR NextGen Certification: What’s New & How Conservice Can Help
The wait is over—well, almost! The EPA has officially announced the launch of ENERGY STAR NextGen certification, a new tier designed to recognize the nation’s most energy-efficient, low-emissions buildings. Applications open on February 24, 2025, giving properties just a few months to prepare for…
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Your BPS Blueprint: A Guide to Emerging Building Performance Standards
You hear “greenhouse gas emissions” and you think…what? “Cars,” certainly. “Industry,” probably. “Agriculture” generally, and “cows” tragically. It might surprise you, then, to find out that a major portion of our nation’s contributions to global greenhouse gas emissions come from…
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Winning the Big Utilities Game
The Big Game fervor is mounting across America. Fans make meticulous plans for their game-day feasts – wings, nachos, or perhaps a mix of both – and don colors to root for their favorite team. Living rooms turn into arenas,…
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Why Vacant Cost Recovery is Important
Communities often bill their residents for various utility charges like water, sewer, and trash. However, there are two utilities that residents are typically required to set up in their own name with the local utility provider: electric and gas. What…
Read More
What’s the Importance of Sustainability for Multifamily
It doesn’t take a keen eye to see that the focus on sustainability is growing increasingly more relevant every day. You could even say the green initiative has moved in, unpacked its bags, and is here to stay. You hear…
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What is ESG? Understanding the Acronym
So what is ESG (Environment, Social, Governance)? And why should property managers and owners invest in long-term ESG strategies? Cole Courson breaks down how ESG metrics provide insight into everything from environmental responsibility and community impact to corporate governance practices,…
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Utility Rate Audits: Because Assumptions Aren’t a Strategy
Making assumptions about massive amounts of cumulative dollars year-over-year is never a good idea. Yet every year, real estate owners all over the country are making the costly assumption that their utility rates are fair, accurate, and as low as they…
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The Unbelievable Scope of Utilities | Utilities Management for the Real Estate Industry
Step into any building. Flip the switch. Turn on the tap. Crank the heater or run the AC. Watch that building come to life. Buildings are living organisms. They possess their own form of lifeblood that sustains their existence and…
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The Insidious Hole You Might Dig for Yourself: Utilities in Build-to-Rent Properties
Some think it’s the underrated investment strategy of the future. Others in the industry insist it’s a crazed phase doomed to settle into a niche offering. But wherever you land on the will-they-won’t-they of build-to-rent (BTR) investments, they’re growing. From mainstage topics…
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