Propmodo

Propmodo is an international multimedia initiative that investigates the impact of new technologies on our constructed surroundings.

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Property Owners Are Leveraging C-PACE Despite Trump's War on Sustainability

1 week ago | propmodo.com | Franco Faraudo

One of President Trump's campaign promises was to do away with sustainable building programs. During a campaign speech, he called the United States' climate programs "climate reparations" and promised to do away with them if elected. So far he has held true to his promises.
How Digital Tools Changed Multifamily Amenities

1 week ago | propmodo.com | Franco Faraudo

Amenities are often what separates good multifamily buildings from great ones. In competitive markets things like pools, gyms, clubhouses, and office centers can be what distinguishes the buildings that charge the highest rent from their less profitable competition. The tough thing for owners is that every amenity is basically a gamble.
Recent RealPage Case Decision Signals What's Next for Revenue Management Tools

1 week ago | propmodo.com | Franco Faraudo

With all of the news about the on-again, off-again tariffs last week an important update on the RealPage trial has been overlooked. A District Court in North Carolina issued a "Final Consent Judgement and Dismissal with Prejudice" for the United States of America v. RealPage, Inc case. If you remember, it wasn't only RealPage that was being put on trial for the use of the YieldStar revenue optimization software.
Gensler's New Tool Shows Designers the Carbon Cost of Their Choices

1 week ago | propmodo.com | Franco Faraudo

Office designers learn early that every decision they make affects the outcome of a project. Any small adjustment to where the walls, what kind of materials to use, and where to put each piece of furniture will have implications for not only how the final project will perform, but how much it will cost. As corporate occupiers set their sustainability goals, office designers are also being required to report on the carbon footprint of their design decisions.
In Multifamily, Internet is Infrastructure

1 week ago | propmodo.com | Franco Faraudo

Access to the internet has become a utility and just like other utilities such as water and electricity, it is mostly forgotten about until it goes out. But when it does go out, life just about stops. If you have had your internet go out recently, you know what I mean. Computers can no longer answer your questions. Televisions can no longer play your favorite shows and movies. Home security systems, clocks, radios, even appliances all need the internet to function properly.
Why Quants Haven't Conquered CRE Like They Did Wall Street

2 weeks ago | propmodo.com | Franco Faraudo

For some time now, computers have dominated the stock trading world. Advances in computing and data science have replaced human stock pickers with sophisticated algorithms capable of buying and selling public equities in milliseconds, using feedback from thousands of data points. These traders are known as "quants," a term derived from the quantitative analysis that underpins their strategies-and that has become incredibly popular.
Sifting Through the Rubble of the Tariff REIT Selloff

2 weeks ago | propmodo.com | Franco Faraudo

America's new tariff regime is now in place. Importing goods from most of the world will now come at an extra cost. While many of these tariffs may ultimately prove temporary-as world leaders begin negotiating with President Trump to address trade imbalances-the move is already having a significant impact on the future direction of the economy. Despite the possibility of a resolution, traders have been adjusting their positions ever since the tariff amounts were published.
Paramount Is Under Scrutiny for Undisclosed Executive Compensation While Stock Struggles

2 weeks ago | propmodo.com | Franco Faraudo

As the slow recovery of the office market continues, Class A offices in the financial districts of major metros have been among the best-performing assets. So why is an office REIT made up mostly of Class A buildings in Manhattan and San Francisco still underperforming other public office REITs?
Investors Favor the NYSE's Newest Self Storage Company Despite Debt Load

3 weeks ago | propmodo.com | Franco Faraudo

The New York Stock Exchange has a new self-storage stock to offer investors: SmartStop Self Storage, which IPOed this week, raising $810 million at a $1.54 billion valuation. The company is small compared to other storage REITs-Public Storage, for example, has a market cap of over $50 billion.
Amid Labor Shortages and an Aging Workforce the Property Industry Turns to Tech

3 weeks ago | propmodo.com | Franco Faraudo

Very few kids grow up dreaming of becoming a facility manager. This is too bad. Facility management is an important job and a rewarding career. Students now-a-days would be well advised to at least consider running and managing buildings as their future occupation. Because facility management is not many people's dream job, there has historically been a labor shortage of trained facility managers. The shortage has been growing as well.