A handful of RealtyCom Partners team members attended the recent NMHC Optech Conference in Dallas, Texas.  In case you missed it, here is a brief recap of some of the topics we think our clients will find interesting.  This is by no means a full list of topics, and I encourage you to visit NMHC’s website for more information.

My panel on Tuesday morning focused on how to navigate 21^st Century Telecom issues.  I shared the stage with Greg McDonald of Greystar, Steve Sadler of RealPage, Kirk Taylor of Hubacher Ames & Taylor and Sean Sabia of New York Life Real Estate Investors.

We discussed many telecom topics including:

• Managed WiFi was quite a hot topic at this year’s conference. As more providers are entering the space, property owners are looking at the benefits of a managed internet experience. There is a lot to consider and this is especially true with new construction projects, as managed property-wide WiFi (bulk) means you will often only have one provider onsite.
• 5G and CBRS – Although a real wide-scale launch of 5G is two or three years away, many providers and property owners are talking about its potential to deliver up […]
  

Is Cable TV dying?  This is a question we get a lot at RealtyCom Partners, but I wouldn’t call 911 just yet.  Its true, linear TV subscription rates have fallen and continue to fall, but we still see significant numbers of apartment residents that subscribe to cable TV.

First some perspective – personally, I am a cord cutter.  I disconnected my cable TV package (they didn’t make it easy by the way) earlier this year.  I made this decision not because of cost, but because of value.  I have limited time for TV, and I found that more and more of my content was streaming, from external sources of content I was subscribing to over and above my cable bill – so this made taking the leap a bit easier.  Before that, I was a cable TV subscriber since way back, being a former cable guy from the late 90’s until 2010.

RealtyCom manages revenue share for over 300,000 units, so we have a rather unique view into the telecom buying habits of apartment residents across the US.  Over the past four years, we have seen average video subscription rates drop 10 percentage points.  When you look deeper, there are many contributing […]