Can You Hear Me Now

Without proper wiring, frustrated residents might re-connect with housing by leasing with a competing community.

One of the nation’s largest real estate investment trusts (REITs) had a serious problem—one that many REITs representing multiple dwelling units also face today. While preparing to lease-up a new 12-story, A+ property in Southeast Florida, the owner/developer watched as its prospective residents were checking the signal strength of their mobile devices—or lack thereof—while walking through the building.

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