How a major real estate asset management firm increased their net operating income across their portfolio with smart water management solutions.

2 year

expected payback

over 100
million dollars

in net asset value creation

1.2 billion

gallons saved

2 year

expected payback

over 100
million dollars

in net asset value creation

1.2 billion

gallons saved

A major real estate asset management firm formed over 50 years ago, with billions under management

As a hands-on asset manager of multifamily properties, the company looks to Banyan Water to deploy smart water management solutions that increase net operating income across its portfolio of properties while maintaining its beautiful landscapes.

“We’re always looking for ways to improve our properties 
and our bottom line. Water efficiency is a great way to simultaneously add value for our investors and our residents, and Banyan’s solutions accomplish that and more.”

Former President and CEO, Multifamily Portfolio Company

Portfolio

  • Industry: Real estate asset management
  • Locations: Texas, Tennessee, California, Colorado, North Carolina, Washington, Kentucky, Oregon, Arizona, and Nevada
  • Active Properties: 38
  • Water Managed: 288 Million Kgals
  • Leaks Detected: 256
Since water has become the fastest rising utility cost in the United States, it has also become a potential expense liability. Without adequate oversight, water can easily become a significant and unpredictable operating expense.

Instead of simply providing irrigation hardware, Banyan provides water management as a service to the multifamily portfolio.

By working with Banyan, the company has created a consistent water management strategy that stabilizes their water budget with accurate forecasting. As the company adds properties to their portfolio, water conservation opportunities can be factored into decision-making to more clearly understand investment opportunities.

Banyan Water Central, a proprietary web platform, and on-the-ground monitoring and control hardware dramatically reduces irrigation water use by:

Watering the landscape of a property only when necessary

Quickly pinpointing and resolving water wasting system issues

Providing full transparency through regular performance reports

The system has also saved over 1.2 billion gallons of water in 2023, and demonstrated a strong return on investment

To date, Banyan Water has deployed its Smart Irrigation solution to 
thirty-eight of the company’s properties in Texas, California, North Carolina, Washington, Oregon, Arizona Tennessee, Kentucky, Colorado, and Nevada to
reduce unnecessary use of irrigation water.

In addition to the savings realized by water use reductions, 
 increases in net operating income and asset value support company’s mission in those areas .

Banyan’s Irrigation Insight solution has provided benefits throughout 
the portfolio. Executive users are able to understand water-use across their portfolio and easily prioritize properties in need of water-saving improvements.

Explore the Solutions

Reduce Your Water Consumption, 
While Maintaining Beautiful Landscapes

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