URS featured in Multifamily and Affordable Housing Business – Smart Utilities Management Can Eliminate Pain Points and Reduce Unnecessary Costs

By Kathleen Milisky of Utility Revenue Services (URS) Every developer knows all too well the headaches that can arise from utilities while building or managing a community. Time lost to issues such as power outages, delayed inspections and miscommunication can add unnecessary costs to any project. Smart utilities management is an effective way to stay…

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University Center Chicago – A student housing case study

Completely turn-key, fully-managed project Common areas {including conference center, leasing office, roof) Student rooms and amenities (1,729 beds, 504 units) $17k in rebates $1.2 million project 50% savings on energy use ROI target accomplished Custom rehab included new bathroom fixtures and others 4.9 year payback/ 20% ROI with labor {$0.08kwh rate) 2.3 year payback/ 44%…

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