Category: Utility Expenses Management
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About: The National Multifamily Housing Council (NMHC) OPTECH Conference
Read Article: About: The National Multifamily Housing Council (NMHC) OPTECH ConferenceThe National Multifamily Housing Council (NMHC) OPTECH Conference is one of the most influential and anticipated events in the multifamily industry, particularly in the realms of property technology, innovation, and operations.
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The Importance of Utility Audits: A Path to Savings with BANYAN Utility
Read Article: The Importance of Utility Audits: A Path to Savings with BANYAN UtilityIn multifamily, utility expenses often represent one of the largest line items in a property’s operating budget. For property owners and operators, managing these costs is essential to maintaining profitability. Yet, many overlook a crucial tool that can lead to significant savings: the utility audit.
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The Hidden Costs of Poor Customer Service in Multifamily Utility Management
Read Article: The Hidden Costs of Poor Customer Service in Multifamily Utility ManagementIn property management, the importance of exemplary customer service often takes a backseat to other pressing concerns. However, when it comes to utility billing and energy management in multifamily, poor customer service can have far-reaching and costly consequences.
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Why Multifamily Housing Operators Hesitate to Change Tech Solutions–And When It’s Time to Let Go
Read Article: Why Multifamily Housing Operators Hesitate to Change Tech Solutions–And When It’s Time to Let GoUpgrading to a new tech solution can seem daunting, but the long-term benefits—like improved efficiency, better resident experience, and advanced data insights—far outweigh the initial discomfort of change.
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A Legacy of Multifamily Utility Expertise
Read Article: A Legacy of Multifamily Utility ExpertiseFor the past 17 years, BANYAN Utility has been a cornerstone in the multifamily utility industry, providing a comprehensive suite of services designed to simplify and optimize utility management for property owners and managers.
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A Quarter Century of Connection
Read Article: A Quarter Century of ConnectionThe Georgia Apartment Association (GAA) Annual Meeting has been a cornerstone of the multifamily industry in the state for over a quarter century. Born in the mid-1990s, this event has evolved from a modest gathering to a premier industry event, drawing attendees from across Georgia and beyond.
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Cultivating a Greener Future: Multifamily Green Leases and the Path to Sustainable Prosperity
Read Article: Cultivating a Greener Future: Multifamily Green Leases and the Path to Sustainable ProsperityDive into the world of multifamily green leases and explore their potential to revolutionize the rental landscape.
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The Evolution of Banyan: From Roots to Branches
Read Article: The Evolution of Banyan: From Roots to BranchesBanyan’s journey from infancy to a multifaceted enterprise embodies the spirit of entrepreneurship. Read about the narrative behind this transformation & the vision of CEO Brian Stone that propels Banyan forward.
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Utility Expense Management Across Diverse Real Estate Sectors
Read Article: Utility Expense Management Across Diverse Real Estate SectorsProperty owners across various sectors face unique challenges. There are a few key strategies that can prove to be a game-changer for multifamily, single-family, build-to-rent, manufactured homes, military, student housing, RV parks and even marina properties.
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Submetering Utilities: A Wise Financial Choice
Read Article: Submetering Utilities: A Wise Financial ChoiceWhy Submeter? Submetering utilities is a wise financial choice in the dynamic landscape of property management. From multifamily and student housing to manufactured housing and commercial facilities, finding innovative solutions to optimize costs and promote sustainability is crucial. One such practice gaining extreme momentum and popularity is utility submetering. This method involves monitoring, measuring and…
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Smart Living: Key Tips to Conserve Water and Energy in Multifamily Residences
Read Article: Smart Living: Key Tips to Conserve Water and Energy in Multifamily ResidencesEmbracing sustainable living practices not only benefits the environment but also helps residents reduce their utility bills. Here are four practical tips for multifamily community residents to conserve water and energy, driving down costs while making a positive impact on the planet.
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Streamlining Success: The Strategic Move of Outsourcing
Read Article: Streamlining Success: The Strategic Move of OutsourcingIn the fast-paced world of multifamily business, time is money, and efficiency is critical. For many organizations, recurring monthly admin tasks can be time-consuming, taking valuable resources away from core business functions and new revenue.