Jjd Property Management

Jjd Property Management – J&J Companies is a real estate investment & Development firm based in Boston, Massachusetts. Through carefully targeted selection, strategic management and leasing, and carefully planned development and construction, we strive to transform underachieving properties into high-yielding investments. We strive to purchase, repair, and manage our properties efficiently to provide comfortable and affordable living for our tenants while simultaneously enhancing the look and feel of our neighborhood.

Our company consists of 3 divisions, the first of which is J&J Acquisitions. JJA’s focus is primarily on distressed multifamily buildings where we see opportunities to add value to the property through smart renovations and improvements. Our goal is always to buy property in our community for a fair price while creating a win-win for the home seller and our company.

Jjd Property Management

Jjd Property Management

Division 2 of our company is J&J Development. Through JJD we take unused assets and bring them back to life. We are making strategic improvements that will benefit our tenant base for years to come. Establishing our niche in residential multifamily has allowed us to become masters in our craft. Despite the global pandemic we found a way to finish projects on time and on budget.

My Property Manager Residential

As our rental portfolio grows, we continue to do our property management “in House” through our corporate end wing JJM. We believe that how your property is managed and how you care for your tenant base is too important to leave to an outside company. “It doesn’t matter how much water you put in your bucket, it’s a hole in your bucket that has a problem.”

While our focus continues to be building our cash flow portfolio, we find it sometimes makes sense to flip or condo convert one of our buildings under contract. We have done several projects in the city as well as North and South Boston.

The majority of our rental portfolio is buildings that we have renovated, leased and held. But when the opportunity presents itself, we will build from scratch. The development team has completed and is now managing several new construction projects around the city. Our team is licensed, insured and has an extensive network of subcontractors we can call upon.

Boston Wealth Builders is a group for those interested in building long-term wealth through real estate & financial education. Started in 2012, the group seeks to help local investors, entrepreneurs and business professionals about different financial opportunities that are not clear to them. With just under 3000 members the group has made a big impact in the local community. As of 2019, more than 3,000 sustainability-related disclosures, regulations, and policy instruments have been developed worldwide to reduce carbon emissions, improve energy efficiency, and manage water. resources, reduce greenhouse gas emissions (GHG), and improve air quality in real estate assets. The global movement to solve this problem through environmental, social, and governance (ESG) initiatives reflects society’s elevated expectations of governments and organizations to help manage natural resources and improve local communities. In turn, Investors are becoming more socially and environmentally aware, as the demand for corporate transparency, disclosure, and accountability has increased.

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The real estate industry is experiencing the impact of the initiative, especially the environmental criteria that discuss how companies act as stewards of nature. With climate change now widely accepted as a financial risk, creating resilient real estate assets means using green and sustainability strategies in new and existing buildings. Such strategies are implemented to mitigate increasing threats to real assets, such as sea level rise, forest fires, and floods.

Environmental issues to be addressed in housing may include climate change, wildlife habitat, energy demand, energy consumption, and GHG emissions, in addition to indoor environmental quality, renewable energy, sustainable materials procurement, waste management, and resource management and consumption. water . One of the highest impact areas in real estate is energy consumption. Construction, housing, and the built environment currently account for nearly 50% of all GHG emissions in the United States. There are various ways to reduce the energy consumption of the entire building and the carbon footprint; no matter which strategy you choose, tracking and reporting the building’s energy consumption is critical.

In response to the rise of ESG initiatives, as well as federal, state, and city energy regulations, corporations and building owners, developers, property managers, and investors are increasingly turning to energy benchmarking. Evaluating the energy performance of one building against another building using energy benchmarking allows Owners, Operators, and other stakeholders to compare different properties in the area to optimize portfolio performance. As physicist William Thompson said, “If you can’t measure it, you can’t improve it.”

Jjd Property Management

Energy benchmarks for multi-family construction are now required in a number of jurisdictions and financing institutions. Building energy consumption data is real-world operating conditions to compare simulation energy modeling results, as well as provide a baseline for mandatory energy consumption scoring and reporting. Sharing building energy performance information promotes transparency and accountability. Providing benchmarking data for all stakeholders, including tenants, makes it possible to assess common energy goals by identifying and valuing conservation and efficiency.

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Data collected from benchmarking in multi-family properties is a method to document current energy performance, provide a foundation for setting and achieving efficiency goals, target inefficiencies for strategic retrofits and capital improvements, reduce energy consumption costs, and more. With energy benchmarking, multi-family Owners, Developers, Investors, and Operations and Maintenance (O&M) personnel can identify and prioritize future building improvements, increase occupancy levels, and even advertise your building’s performance, as well as differentiate and monitor your building’s performance compared to the market. you.

Measurement is required by the utility company, but the approach may vary depending on the utility provider and building type. Energy management in new and existing multi-family properties with individual dwelling submetering provides detailed information on individual dwelling units.

A submeter is installed after the master utility meter; they are often used in properties that already have a master meter, but the owner has chosen to divide the use of energy according to the actual consumption of each tenant. Owners and O&M personnel may be responsible for paying utility charges on properties with only master meters; this, however, does not allow the stall to verify their actual use. Not having that verification could result in paying more for less energy consumption and tenants disincentivized to reduce their energy use. By using a submeter for each residential unit, tenants can learn the amount of energy consumed. It can also be billed accordingly, instead of using the old, less reliable method of area-based calculations.

Where individual utility meters are used, utility companies are often not required to provide whole building energy consumption data. Projects built using the 2006 IECC or later energy code required separate electricity meters for individual dwelling units to allow tenants to see and review actual energy consumption. However, an experienced sustainability consultant can ensure that energy consumption data is captured correctly, interpreted accurately, and reported correctly for benchmarking.

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Energy benchmarking is the process of taking billed energy usage and compiling the results into a database to compare the energy usage of similar buildings and structures in the same sector and region. The collection and comparison of this data gives Owners, Developers, and Operations personnel detailed insight into how their assets are performing, in terms of energy efficiency, compared to other buildings.

Benchmarks provide insight into areas where efficiency can be improved and help establish baselines for building energy performance standards. The information obtained during the benchmarking process allows for a better management of the building’s energy consumption, implementing energy efficiency measures. This often results in financial savings and helps achieve environmental and health benefits, such as lower GHG emissions and improved indoor air quality.

Benchmarking is common in the commercial and industrial building market, although it is relatively new in the multi-family industry, having been added in 2014. Benchmarking allows owners, property managers, and tenants to identify, analyze, and gain insight into trends in a building’s energy use and waste. . The data helps to identify buildings that exceed energy usage metrics and adjust operations or identify capital improvement projects for those buildings. Owners can experience significant savings from greater insight into, and management of, their building’s energy consumption.

Jjd Property Management

Benchmarking data can also be used by building operations personnel, asset managers, and Owners to help them determine and prioritize retrofits, attract tenants, and more. By scoring your building against other buildings outside the portfolio of Owners and asset managers, you can determine how your property compares to others and assess which properties are the most efficient.

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Commercial building managers can review energy bills, as well as energy usage data, from utility companies to evaluate greenhouse gas emissions and determine efficiency improvements, as sustainable technology and equipment are increasingly important to today’s tenants. Millennials often choose to practice sustainability personally and professionally, more so than previous generations. In a 20% increase from the older age group, 81% of Millennials believe that developing and using alternative energy sources should be a national priority. Furthermore, more than half of all US adults now agree that businesses should increase their efforts to help mitigate climate change; as a

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Elia Marlina Smith

Halo, Saya adalah penulis artikel dengan judul Jjd Property Management yang dipublish pada September 26, 2022 di website Smallcave

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