What are some of the major challenges and trends that have been impacting the Real Estate Facility Management space lately?
Currently, supply chain issues are impacting many industries, and multifamily is no different. We are experiencing delays in getting parts that our facility teams need for day-to-day repairs. Thankfully, we work closely with our vendors to understand which products might be more difficult to deliver. This helps us plan and schedule repairs at our communities.
What keeps you up at night when it comes to some of the major predicaments in the Real Estate Facility Management space?
Hiring, training and retaining maintenance professionals during a nation-wide workforce shortage is a challenge we are now facing. The multifamily industry has not attracted new talent into the field as successfully as other industries. We could do a better job to promote careers in maintenance and to build a pipeline of technical workers. Many high school graduates don’t even realize the career potential for facilities maintenance workers in the multifamily industry.