Mixed use has become one of the biggest trends in real estate. Residents enjoy the convenience of living close to shopping, dining and entertainment and property owners benefit from multiple revenue streams. This mix of residential and commercial comes with many benefits but also presents some unique challenges. That’s where NWP can help.
It all starts with a reliable, results driven resident utility billing cost recovery and conservation program. Recovering utility costs and reducing consumption lowers expenses and increases asset values. Our energy management solution provides additional features like vacant cost recovery and utility alerts making managing these tasks easier for managers while giving owners visibility into performance data so they can make informed decisions. Our reporting and analysis helps mixed use properties tie together the residential and commercial sides of the business.
Resident, property and portfolio level customer service, compliance, ongoing training and support are all provided with the needs of mixed use portfolios in mind. Providing mixed use owners with best-in-class utility management support helps them keep these unique properties performing at an optimum level.