By Megan Jackson

Due to the pandemic, many businesses have elected to close their corporate offices and adopt more permanent work from home and flexible working environments.  This has had a big impact on our client’s ability to process mail that continues to be delivered to their offices – having to collect and sort mail periodically or added expenses to forward mail and packages.  This coupled with USPS delivery delays, RealtyCom’s accounting department has seen an increase in checks that are “lost in transit” affecting when our clients can deposit and accrue for their telecom revenues.

RealtyCom remains focused on making the negotiation, contracting and revenue management process as simple and hassle-free for our clients as possible. For that reason, we’re excited to recommend to you the option to update your recurring telecom revenue payments to speedy, reliable, easy electronic funds transfers or ACH payments. RealtyCom has worked with many of the Service Providers over the past year to ensure a smooth process. As you consider this option, below are some things to keep in mind:

• Payments will be deposited into your respective bank accounts on average 30 days faster than physical checks
• Electronic payment eliminates entity name mismatches, REIT/Fund/DBA issues that […]
  

Please join us in welcoming Shanda Lawley to the RealtyCom team. As Senior Project Manager of Resident Technology, Shanda will focus on New build RFP process, existing property managed WIFI process, property transition management and Bandwidth Utilization.  She is a 25 year veteran of the cable industry for companies including Tele-Communications, Inc, (TCI), AT&T Broadband, Comcast, Time Warner Cable and Charter Communications.  She held roles including Account Executive, Client Services Manager, Senior Multi -Family Manager, and Director of Commercial Development.  She lead the deployment of telecom services and project managed the acquisition of a private cable operation which included 138 properties and over 38,000 units in the DFW area while working for Comcast.  Ms. Lawley in her free time enjoys bike riding and playing tennis when she is not with her two son’s and family.

by Annie Manfredi

In the near future, 5G connectivity is expected to provide massive capability to carry data-rich solutions, and power many cutting-edge solutions like IOT, autonomous vehicles, intelligent robotics, drone logistics, and more. RealtyCom Partners’ Annie Manfredi recently spoke to Rick Varnell, Partner at 5G LLC (a leading provider of cutting-edge 5G technologies and services) to learn more about how 5G can benefit property owners and operators.

“In today’s world, we rely on our ability to connect heavily,” observed Varnell. “When a new tenant comes to a property, one of the first things that they do is pull out their cell phone and look at how many bars of service they are getting.”

Streaming Is Just the Beginning

Having good wireless connectivity is not just for faster Netflix streaming (although that’s totally a good thing). Today’s tenants are working from home, schooling from home, and socializing while home. That means that WiFi connectivity is more important to tenants than ever before. For that reason, providing 5G is a great opportunity for multifamily property owners to offer an amenities-rich environment while generating significant revenue and increased value to their portfolio. With 5G, said Varnell, “We can connect hundreds of devices in a six-foot area […]