Building Owners

Maximize NOI while improving tenant experience.

At ResiBridge, we combine decades of experience in real estate, multi-family property management, and seamless internet service provision focused on creating value for building owners.

Make building connectivity part of your strategy.

We understand both market-rate and affordable housing, ensuring that our internet solutions are tailored to meet the diverse needs of residents and property managers alike. We have a keen focus on implementing business strategies that maximize Net Operating Income (NOI). ResiBridge is your partner in enhancing property value and tenant satisfaction through superior connectivity solutions.

Converting from retail to bulk in affordable housing.

Consider this illustrative example: an affordable housing tenant currently pays $80 per month for subpar Internet service with famously poor customer service, providing the landlord with a 4% revenue share, or $3.20 per month ($38.40 annually). If the landlord switches to a bulk model, where Rent Comparability Studies typically allow for $50 per household reimbursement, ResiBridge could possibly offer this service for $30 per household. This change not only increases NOI by $17 monthly ($200 annually) per household, but also provides tenants with free Internet as a rent-included amenity. For a building with 200 units, this bulk conversion boosts NOI by $40,000 annually. At a 5% cap rate, this adds $800,000 in property value.

Navigating the new era of broadband.

Whether it is future-proofing your building for proptech solutions, navigating the economics of managed Wi-Fi, or retail to bulk conversion for affordable housing, ResiBridge has the deep expertise to help you succeed.

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Maximizing NOI in affordable housing.

Affordable housing owners typically provide Internet service through two models: retail or bulk. In the dominant retail model, ISPs secure exclusive marketing rights and marketing assistance from property owners in exchange for door fees and a modest revenue share. This approach often limits tenants to one or two Internet providers, leading to high prices and poor service due to the lack of competition. We contend that the retail model is ineffective for both property owners and tenants. By shifting from retail to bulk, affordable housing owners can significantly enhance both NOI and tenant satisfaction.

Strategic partnerships with real estate owners.

ResiBridge collaborates closely with real estate owners and managers to strategically convert retail properties to bulk, enhancing NOI and tenant satisfaction. We assist market-rate and affordable housing owners in evaluating the feasibility of such conversions, including commissioning and reviewing Rent Comparability Studies and determining bulk pricing in a given location. If you're a building owner interested in our services, please don't hesitate to contact us below.

Hear it from our customers.

"ResiBridge has been a great addition to our property and our residents love the service! The staff has been such a pleasure to work with throughout this process."

Naya M.

Property Manager

"I recently had the pleasure of working with ResiBridge and it was an absolute pleasure. Their team of skilled professionals was not only knowledgeable in their field but also were dedicated to providing top-notch service and support."

Bridgett G.

Property Manager

"ResiBridge is helping us think through how we strategically leverage broadband in our buildings. We are shifting towards bulk strategies while futureproofing our buildings for new tech solutions."

Noah S.

Affordable Housing Developer

Get in touch.

If you would like to get in contact with us and learn more about how we can help, please fill out the form.

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