Page 26 - RC21 EDGE Summer Issue
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 prohibitive divisions of labor, and technological innovation. The Ellen MacArthur Foundation is helping with research and industry initiatives around the circular economy.
Here are just some of the reasons why it matters to us:
(a) according to the Construction Institute, as much as 30 percent of all waste at a landfill comes from construction materials (b) also according to the Construction Institute, as much as 30 percent of all labor is inefficient or wasted at a job site and (c) MultiGreen is conscientious about our industry and our greenhouse gas problem: construction and operations of buildings are responsible for 39% of energy-related carbon dioxide (CO2). The key statistic
for us: studies show that the first cost (construction cost) of an average building in the U.S. today is only 27 percent of the total life cycle cost. That means that 73 percent of facility costs take place after it is built. Can we address the construction inefficiencies, climate and ongoing facility costs the same time? Yes, we elected to begin and end with BIM and the digital twin in mind.
Beginning with the end in mind and an ‘Owners First’ mentality has allowed us to take a longer view of 10 or more years. A longer view allows us to invest in our technology and digital infrastructure so that our efficiencies can positively compound over time. In our first year of operation, we have seen dramatic time savings and reduction in financing costs.
Technology Enabled
Building Information Modeling (BIM) and Owner Program Requirements (OPRs) allow us to deliver on the value proposition of sustainable, attainable, and tech-enabled multifamily housing. From pre-construction to facility management, to reporting and investor relations, our technology stack is completely interoperable. The better our pre-design and BIM model, the better our construction, production, pre-fabrication, and manufacturing will become.
Building-as-a-Service (BaaS) automation, which includes smart home technologies, enhanced digital amenities and resident living experience. Stakeholders will benefit from our proprietary technology solution. It is a data-rich single pane of glass. This is “The MultiGreen Way.”
The company engaged RealFoundations to help the organization establish a scalable operating model and robust technology platform to support its aggressive business goals and anticipated rapid growth. They are providing ongoing managed accounting services, allowing the firm to concentrate on its core business and easily scale up accounting operations as the portfolio grows.
Yardi Voyager, a preeminent cloud-based accounting and property management platform for the real estate industry,
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