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

Covid-19 Multifamily Industry Update

By Cristy Boucher

We understand our clients have a lot on their minds during the COVID-19 pandemic both personally and professionally as we navigate shelter-in-place orders and self-quarantine. We realize the impact this virus has at your communities, rent delinquency and potential mortgage deferments, as well as your leasing operations and on-site coordination/office closures within your teams.

RealtyCom continues to advocate and speak with Service Providers during this uncertain time, educate ourselves on pain points for our clients and remain solution-oriented for any broadband issues.  To that end, these past weeks we’ve participated in every one of the NMHC webinars, spoke with leaders at each of the major telecom companies, participated in an industry roundtable meeting with Owners and peers, and analyzed all our client’s bulk agreements to ensure adequate Internet speeds are being delivered to your residents.  We also support the NMHC in their efforts to maintain housing availability and security via their #ReliefStartsAtHome campaign to ask Congress for further relief for renters and property Owners from COVID-19.

More than ever before broadband availability and connectivity is needed for telecommuters, students, and general entertainment. As a general industry update, in mid-March the FCC chairman Ajit Pai asked Service Providers to opt […]

By |2020-04-21T10:20:12-06:00April 13th, 2020|

Managing Facility Relocation in New Construction

By: Mike Manfredi

Many new construction projects RealtyCom is involved with include utility relocation.  This often includes undergrounding existing overhead electrical and telecommunication lines or, in some cases, moving existing underground lines to a new location.  In California, most of this work is governed by the California Public Utility Commission’s approved tariff known as “Rule 20.”  Rule 20 consists of three parts: 20A, 20B and 20C.  Of these, Rule 20B projects are most often related to new development.  Typically, 80-85% of the costs associated with the relocation are paid for by the developer.

In order to prevent costly delays, any such relocation work should be identified in the design stage of the development, typically by the Dry Utility Consultant.  A resulting plan should be developed that details the following:

  1. All the impacted utilities (e.g., power company, franchise cable television company, telephone company, etc.)
  2. Contacts for representatives of each of the impacted utilities
  3. Cost to bear by the developer and payment timing
  4. Critical path from start to completion with timeframes for each activity associated with this work

Periodic check in calls with all stakeholders should commence a month in advance of scheduled work commencement and continue through completion.

RealtyCom’s Planning/Engineering Team works closely with […]

By |2020-04-08T15:23:22-06:00April 8th, 2020|

RealtyCom Assistance during the Covid-19 Crisis

With so many residents working from their homes during the COVID-19 crisis, making sure your community offers the best internet speed possible to meet this growing demand is critical.  If you’re experiencing a service issue, need to evaluate your services or need help with your Service Provider, RealtyCom Partners would be happy to help you at no charge and with no on-going obligation.  RealtyCom can proactively approach broadband Service Providers with the opportunity to increase bandwidth to your communities and residents, or work out a contract amendment that could provide additional capacity for your properties.

In addition, the larger franchise operations like Comcast have committed to opening their wireless networks to non-subscribing customers so that wireless internet can be accessed by anyone. Comcast, Cox and Charter are also offering a promotional 60-days of free internet service for customers impacted, and others are also offering group discounts on equipment and services to enable school-aged children to complete their studies at home. We continue to work closely with the providers and our clients to ensure residents can take advantage of these services during this difficult time.

Please reach out to our team at info@realtycompartners.com for assistance.

By |2020-03-27T12:52:45-06:00March 27th, 2020|
Go to Top