LivCor is a real estate asset management firm formed in 2013 as a portfolio company of Blackstone. As a hands-on asset manager of multifamily properties, LivCor 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.
Instead of simply providing irrigation hardware, Banyan provides water management as a service to the LivCor portfolio. Through Banyan Water Central, a proprietary web platform, and on-the-ground monitoring and control hardware, Banyan has dramatically reduced irrigation water use by watering only when necessary and quickly pinpointing and resolving waterwasting system issues. Throughout the process, LivCor remains apprised with regular performance reports that provide full transparency.