The adoption of the term “open platform” in the business world is in fact an attempt to mirror the remarkable success of the open platform model in enterprise software—in particular, enterprise resource planning.

While common-sense safety steps can help people ride out Mother Nature’s extremes, owners and managers must go above and beyond the basics to ensure the safety of their portfolios and (more important) their residents.

After the tragic fire in London’s Grenfell Tower, it’s crucial for multifamily operators to take a look at building safety—which might mean going beyond the letter of the law.

Making multifamily companies greener through raises the quality of units, cushions assets against increases in energy costs and opens a universe of cost savings, quality-of-life improvements for residents and asset value that yield a competitive advantage.

In the multifamily industry, low online reviews usually highlight two key issues: poorly maintained properties and disputes over damage deposits. A comprehensive approach allows managers to identify problems in units and common areas and eliminate the major causes of bad reviews.