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Santa Barbara, Calif.-based Yardi Systems is preparing to announce its acquisition of Colorado Springs, Colo.-based Energy Billing Systems (EBS), company vice president of marketing Brad Setser confirmed this week in an exclusive interview with Multifamily Executive.
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From Facebooking Gen Yers to aging-in-place Boomers who want to video chat with their grandchildren, the broadband hunger among residents seems insatiable. Whether existing infrastructure is sizable enough to handle the data stream is up for debate, but fiber-optic network installers, including Cary, N.C.-based Connexion Technologies, are eager to get their systems—which they promise will ease the exaflood crisis—into multifamily buildings across the country.
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At four communities managed by Milestone Management, a Dallas-based third-party manager, it was time for a change. TV programming at the 20-plus-year-old properties had been piped in by the regional cable provider for years, but residents were beginning to seek out more options. For Milestone's executives, one sign that told them they needed to examine alternate programming were the myriad pan-sized satellite TV dishes that began popping up on balconies and windowsills at the communities. “We knew right then that our residents wanted something different,” says Steve Lamberti, president at Milestone, which oversees 27,594 units throughout the South. “If you don't give it to them, they'll go to someone else.”
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Insteon wireless technology can control all the mechanical and electrical systems within a specific area or an entire building.
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When the Morgan Group started installing WiFi access points in the common areas of its club houses and pools four years ago, it was slightly ahead of its residents in providing the amenity.