Welcome to the official blog of Block Real Estate Services, LLC (BRES). BRES seeks to offer insight and news concerning commercial real estate, financial investments, construction and development of the 212 communities we serve locally and nationally.

Thursday, January 2, 2014

A Property Manager's New Year's Resolutions

The New Year inspires new goals and aspirations that drive people to improve themselves and their businesses. In this blog post, we think upon what a commercial real estate property manager would have for their new year's resolutions in 2014 and what "more" can be brought to the table in 2014.

Go More Green 
Environmental efficiency continues to be important to tenants. Looking at the multifamily sector, survey by Strata Research this year revealed that 77% of renters felt green apartments were important. The survey also found that Energy Star appliances were the No. 1 green feature tenants were looking for and that 64 percent of respondents said they would maybe pay more for green features. According to this Multifamily Executive article, this green building appeal attracts a certain, more affluent audience: "Green building certification can be used as an effective marketing tool for targeting certain demographics, and for raising your firm’s profile, making your company appear smart and forward-thinking."

Control More Costs
Looking for small, but effective ways to cut and control more costs here and there can add up to big savings by the end of the year. There's no better time to start than now. During the colder months, property managers can save big on heat costs by paying attention to things like replacing old insulation with newer more efficient insulation or winterizing windows.

Deloitte Commercial Real Estate Report 2014Be More Tech-Savvy 
Traditionally, macroeconomic factors have had a significant influence on the demand-supply dynamics for CRE properties. Now, though, factors such as technology and  mobility impact leasing demand. This can be seen in this Deloitte Research from this report that is illustrated to the right.  Incorporating more technology geared towards tenants preferences can not only give a property management company leverage, but also demonstrate a forward-thinking company image.

What resolutions are you setting for the New Year? At Block Real Estate Services, (BRES)our property management team is continually seeking out more ways to improve our tenant experience and maintain the best care of the properties entrusted in our care.


  1. We have to be adventourous in order to learn new things in Real Estate Investments. We all need to push hard our goals to get what we have planned to work for our business. Now that we have the knowledge needed, we must apply all those things to know that we will achieve what we have dreamed for our business.


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