Receive a NO COST and NO OBLIGATION evaluation of your portfolio & custom-designed strategies to benefit your business.

Prometheus Delivers Good Living for the Greater Good

Creating neighborhoods where people feel a sense of belonging. Ensuring that every detail of the apartment experience and every inch of design matters. Nurturing the world through community involvement. These are just a few ways that Prometheus keeps its promise to deliver Good Living for the Greater GoodTM.

Recently we sat down with Dave Krasowski, Vice President of Construction for Prometheus Real Estate Group, the largest private owner of multifamily properties in the San Francisco Bay area. Dave is the longtime construction practice leader at Prometheus, with broad oversight for the on-time delivery of their high-end infill projects in the Bay Area as well as properties in Portland and Seattle. With 25,000 Neighbors in 13,000 homes and 2,600 more homes in the pipeline, Prometheus is more than a neighborhood developer. In 2020, they took the steps to become a certified B Corporation, affirming their commitment to sustainability and positive community engagement.

In his role, Dave is responsible for all rehabs as well as new construction projects. Among recent projects that RealtyCom Partners worked on with Prometheus include:

Saltwood South, a 177-unit infill mid-rise new construction project in Portland, OR
Boardwalk Apartments, a 260-unit retrofit of a garden-style community in Santa […]

By |2022-08-25T10:51:46-06:00September 23rd, 2021|

Biden Moves to Increase Competition in Multifamily Telecom

Last week you may have heard that President Biden signed an Executive Order aimed at increasing competition in a number of industries. Telecommunications is one of those industries and encouraged to be re-evaluated by the FCC.  RealtyCom is happy to speak with clients in more detail, and rest assured we are up-to-date with the news and in close communication with our attorney/vendor partners and the NMHC Government Affairs team. Once the FCC appoints a full commission, we believe the proceeding from a couple years ago will be reopened which involved looking at potential rules banning or restricting marketing, revenue share and exclusive wiring arrangements and it is possible bulk arrangements will be added to that list. RealtyCom will continue to advocate on behalf of our clients and owner operators in this important proceeding. Please also read NMHC’s post here for more information:
https://www.nmhc.org/news/nmhc-news/2021/biden-aims-to-boost-economic-competition-looks-at-multifamily-broadband/.

Contact info@realtycompartners.com with any questions.

By |2021-07-21T12:46:10-06:00July 21st, 2021|

Make Your Database Work for You

By Anne Gieseke

I confess, I am a very organized person and an avid list-taker at heart. One of my greatest pleasures is marking items as complete (yes, even grocery lists!).  As a Client Account Manager at RealtyCom Partners there is a lot to track and keep ahead of, and critical to that effort is a contract management database and project management tools that support us and client objectives. Contract management systems can come in many forms (Excel, Property Management software, 3rd party provider) but thinking about all the different pieces of information that help us drive value to our clients, I believe some of the most important aspects are:

1. Is it time to go out to bid for a new Service Provider proposal at a property? Often, Service Provider agreements can be negotiated ahead of the expiration of the current contract. Knowing exactly when you should begin those discussions is important to maximize per contract value. If you’re considering changing the level of service provided at a community, such as moving to Managed Bulk-Wi-Fi, planning should take place months in advance of an agreement expiration.

2. How do we get ahead of the due diligence on pending acquisitions? RealtyCom provides preliminary […]

By |2021-07-14T10:09:14-06:00July 13th, 2021|
Go to Top