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  • Champion Utility Sub-Metering


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    Sub-Metering...What Is It?

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News Feed:
Photo Credit: Rolling Green, Wood Partners

Photo Credit: Rolling Green, Wood Partners

HOBE SOUND, FL – Wood Partners commissions Champion to once again install advanced sub-metering technology at one of its newly constructed properties: Rolling Green Apartments in Andover, Mass.

Continuing the business relationship established three years ago, Wood Partners turned to Champion for the installation of a sub-metering system similar to the one Champion installed at 2 Washington in Melrose, Mass.

Pleased with those results, Wood awarded Champion the contract in December 2014, and thus the design and budgeting began. Once the first phase of the two-phase project was complete, Champion’s team commenced installation in July 2015. And now that Wood is on the precipice of building out phase two, Champion will add its finishing touches come April.

“Wood Partners is a wonderful company to work with and for. … We look forward to continuing this relationship,” Charles Bianco, founder says.

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Posted in Blog News, Company News | Leave a comment

Rent GrowthInvestor purchases in the multi-family sector has experienced a 65 percent increase from the year before, according to a recent article published on the National Real Estate Investor website.

With $19.6 billion worth of apartment sales in October, investor activity has indeed spiked. A huge portion of that transaction was the $7.6-billion sale of private equity firm, Home Properties of Lone Star Funds. And there are more multi-billion-dollar deals in the works. Blackstone announced its plan to buy 5,000 apartments in New York City, and Equity Residential announced its plans to sell several of its properties in November. Continue reading

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pendulum-heroA change is occurring between institutional investors and property managers, and according to a recent Multi-Housing News article, it’s thanks to the technology-driven world we now live in.

At a 2015 NMHC OpTech Conference, a panel discussed the pendulum shift between institutional investors and property managers. The days when property managers managed and investors invested are a thing of the past. Today institutional investors are more involved in the day-to-day operations than ever before, and third-party managers are forced to adapt, evaluate their services and add more value. Continue reading

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