News, views and industry trends

What are occupancy costs?

Occupancy costs, also known as occupancy expenses, typically account for 35% to 50% of operating expenses for build-to-rent properties. These costs include rent, utilities, maintenance, property taxes, and insurance, making them a significant portion…

Office automated climate control

Office automated climate control isn’t just a luxury, it’s becoming a necessity for modern multifamily properties. Whether you’re managing a bustling office space or overseeing multiple units, having control over your building’s temperature and…

Can you sublease a commercial lease?

Subleasing a commercial lease can be an effective way to manage unused space or reduce costs, but it comes with specific legal and operational considerations. Whether you’re a tenant or a landlord, understanding the process is essential to ensu…

What is condition-based maintenance?

Condition-based maintenance is an advanced approach that relies on real-time data to keep your equipment running smoothly. By continuously monitoring asset performance, you can predict when maintenance is needed, reducing downtime and preventing cost…