Cost Efficiency | Building Engines
Building Engines Blog | Cost Efficiency
Have you felt it? That buzz sweeping through CRE? Tech, tech, TECH! Everywhere I turn, I see articles like CRE Tech Trends for 2015; events like CRE // Tech Intersect, DisruptCRE and Realcomm (dedicated solely to emerging and established technologies); and new resources for CRE tech News.
As temperatures drop and the cold months linger, property owners and managers are tasked with combatting rising energy costs. Sufficiently heating a commercial real estate building can often drain the wallet – but it doesn’t have to. We’ve compiled a list of the top eight tips for saving money this season.
Older buildings tend to be less efficient than their more modern counterparts. Aging materials, damage and outdated construction techniques lead to high energy consumption at properties built several decades ago. However, that doesn’t mean that the facilities can’t be upgraded to improve their efficiency and provide companies with significant savings.
A growing number of owners recognize the potential in property and tenant management tools. Rather than view these tools only of concern to property managers, savvy owners recognize that operations management platforms can help them boost the value of their assets.
Growth in several key industries is helping the commercial real estate market bounce back quickly, but the additional activity could make it difficult for buyers to secure the properties they want.
Tracking energy use with building management software enables owners to make better decisions when it comes to large-scale projects, like the installation of solar panels.
Companies are looking to reduce their energy usage as a way to save money and help the environment, which is creating increased demand for sustainable commercial buildings.
Building Engines released a new whitepaper, “Property and Tenant Management Systems: The High Cost of Maintaining the Status Quo,” that outlines the increasing percentage of real estate managers that are utilizing technology to maintain a competitive advantage and what is really at stake by relying on outdated and sub-par systems.
As the mobile movement continues into the future, property managers will need to keep up with the latest trends, but for now it is safe to say that BYOD is a strategy that will save you both time and money while increasing productivity.
Here’s some commons reasons why people delay investing in a property & tenant management system, and how you can overcome them.
Peek “under the hood” at the industry’s leading Property Operations Software! Learn how Building Engines clients use the platform’s web-based (and mobile!) tools to improve service delivery, maintenance, and ultimately, NOI.
For a business decision maker, return on investment is key to any decision. As attractive the practicality of the technology, it has to work from a financial perspective. In this post, I’ll outline where you’ll see the payback from investing in a mobile property management strategy.
In other industries, we’re seeing a gradually adoption model of real-time reporting, but as our recent webinar panelist Aurel Brudan describes, “it’s pretty much a tidal wave that will catch up with everyone.” If real-time performance measurement is a tidal wave, then call Operations Performance Management your surf board. Hang 10 (OK just 5…) with our top resources for linking measurement to insight, accountability and operational improvement.
I recently discovered an interesting new insurance product for the small owner Multi-family market that allows private landlords in the U.S. rent default insurance. It may be hard to understand the excitement behind this new offering, so let me paint a picture:
I’ve been told, “If you’re looking for answers, they’re not going to just fall into your lap!” Well, if you post the right question, they just may fall into your LinkedIn lap. Following a Building Engines webinar on LEED EBOM certification, I wanted to open up the discussion to other property and energy management and professionals.
LinkedIn, specifically the BOMA International Group, proved to be a worthy forum for my question: What are some tips around the greening of existing building? Here are some of the discussion’s responses