For a well-managed Class A office building, the obvious problems have usually been solved. The lights are energy-efficient LEDs, the major equipment is on a schedule, and the on-site team is quick to respond to critical alarms. But what about the…
Your Maintenance Team is a Profit Center in Disguise
In the world of commercial real estate finance, the facility maintenance department has always been an easy line item to categorize: cost center. It’s viewed as a necessary expense, a team that consumes budget to fix things when they break. The…