EV charging stations

The top storylines in multifamily this week are DCFCs and solutions for EV charging, employing a data steward, brand style guides for multifamily, women in commercial real estate, rent control measures continue across the nation and using automation for prospect engagement.

Xeal today announced it was selected by UBS Asset Management’s Real Estate & Private Markets business to install EV charging stations in select investment trust properties across the United States. UBS Asset Management has also made a strategic selection of properties that are slated for future-proofing.

Data in the 2022 NMHC/Grace Hill Renter Preferences Report found that 27 percent of respondents were interested in electric car charging stations, up from 25 percent in 2020. The respondents also said they would pay more in rent for this amenity–an additional $28.12 per month.

Xeal, a leading provider of electric vehicle (EV) charging stations and smarter technology for the multifamily industry, today announced a partnership with Stoneweg US to install more than 100 charging stations at 10 of Stoneweg US's properties in Florida, Kentucky and North Carolina.

The top storylines in multifamily this week are EV charging station demand, modern value-add, uncooperative residents, smart home technology and optimization, entrepreneurial ventures vs. traditional jobs and how the housing shortage became a crisis.

A perfect storm of increasing availability, better affordability, intensifying environmentalism and record-high gas prices have placed EVs at the forefront for a larger number of car buyers. This culmination of market factors makes an EV charging plan absolutely necessary for today’s multifamily communities.