By Annie Manfredi

In recent months, the COVID-19 pandemic has completely changed the dynamics of business. Instead of commuting, for example, about 4.7 million U.S. employees now work from home at desktops set up anywhere from home offices to spare bedrooms to their kitchen counters. IoT technologies make it possible; even on the national stage, thanks to Zoom and other technologies, delegates all over the U.S. at the first virtual Democratic National Convention were linked by one barefoot man in his family room.

All this decentralization of gathering demonstrates how much there is to be gained from the remote work model. The challenge for multifamily property owners is: How can we power that model for our tenants?

5G Is the Future

At RealtyCom Partners, we think 5G is a great opportunity and will provide immense benefits to the work-from-home (WFH) generation, as well as generate significant revenue and increased value for multifamily property owners’ portfolios.

RealtyCom’s Annie Manfredi recently spoke to Rick Varnell, Partner at 5G LLC (a leading provider of cutting-edge technologies and services) about these benefits.

“In today’s world, we rely on our ability to connect heavily,” said Varnell. What’s more: “Working and studying at home, and reliance on the smartphone and […]

By Mike Manfredi

Several of RealtyCom’s Clients are exploring short-term housing.  Some want to use short-term housing as a temporary solution to vacancy during the lease-up stage of a new project while others are exploring short-term housing to enhance long-term net operating income (NOI).  Both objectives entail operational issues that are beyond RealtyCom’s scope of work; however, careful telecommunication considerations are needed and generally fall into two (2) categories:

1. Telecom Agreement – Most Clients want to provide the short-term guest with high-speed Internet in their unit and common areas during their stay. In addition, some clients want to include some level of cable television service as well.  In properties in which our Clients have entered BULK arrangements, this is quite easy.  However, in properties in which our Clients have chosen multiple providers, each with non-exclusive marketing rights, and each providing multiple services, this is more problematic.  Most providers do not want to provide flexible, discounted service to short-term units, nor do they want to provide consolidated billing.  RealtyCom has been able to help clients in workarounds that provide flexibility and do not breach the anti-bulk provisions contained in many telecom provider agreements.

2. Infrastructure – Some Clients want to have a […]
   

We are excited to introduce our newest team members.

To view their profiles and the rest of the RealtyCom team, go to https://realtycompartners.com/about/

	Accounting Assistant Antisha Partee joined RealtyCom Partners in 2020 as an Accounting Assistant. Her main focus is to process revenue share payments to ensure Clients receive their payments in a timely manner. She works closely with the service providers, reviews monthly/quarterly reports and increases revenue by finding errors in calculations along with assisting with the collection of missing payments. Antisha joined RealtyCom Partners with over eight years of experience in the accounting field in various industries.
	Revenue Recovery Specialist Jennifer Klein joined RealtyCom Partners in 2020 as a Revenue Recovery Specialist. Her main focus is to audit revenue share payments to ensure Clients are being paid in accordance to the terms of their agreement. She works closely with the service providers, reviews monthly/quarterly reports and increases revenue by finding errors in calculations along with assisting with the collection of missing payments. Jennifer joined RealtyCom Partners with over 6 years experience in the accounting field in various industries.