Part Two will provide a tactical roadmap for property owners and investors to manage data as an asset in order to improve portfolio NOI. Part One provided a summary of these areas of focus.
Part One of this two-part blog began as follows: “The concept of NOI is nearly as old as the commercial real estate industry itself. After all, in its simplest form net operating income is the money that’s leftover when property expenses have been deducted from revenue…However, increasing NOI has long thought to be restricted to changes in two simple factors: decreasing expenses and increasing rent. But what if beneath the surface leveraging disparate data sources could affect NOI in seldom recognized ways even within these buckets?”