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Environmental, social, and governance (ESG) can be challenging for multifamily. Solar retrofits can take years. Water-efficiency upgrades require capital. Emissions reporting requires new software. However, there’s one ESG lever sitting outside every unit door and around the community. It’s trash.
Multifamily's top storylines this week are the improving leasing environment, fewer vendors doesn't mean fewer issues, rethinking pet-friendly, new hires for Quarterra and CAPREIT, 21st Century ROAD to Housing Act, SmartRent launches virtual intercom, amentiy copy and SEO and keeping aging buildings safe.
The all-in-one solution can be appealing. Fewer vendors, fewer contracts, fewer phone calls, and (ideally) fewer problems. Waste management, package management, pest control, and offsite storage; all those services with one number to call. The attraction is undeniable, the reality is never as good as the dream.
About 80% of Americans participate in spring cleaning. Roughly half will purge 11 or more items and about 22% will toss more than 26 items. In addition, the peak leasing is kicking off, which means more trash from arriving and departing residents and an increase in bulk throwaways.