Cortland Installs Emerson’s Sensi™ Smart Solution in 100 Systems at Tampa Apartment Community
HVAC monitoring and maintenance system to support Cortland’s service guarantee
St. Louis, November 20, 2019 – Emerson and Cortland today announced an installation of Emerson’s HVAC monitoring and maintenance technology designed to help optimize comfort for residents and support Cortland’s 48-hour service completion guarantee.
The 100-system installation at the Bowery Bayside community in Tampa includes Sensi™ Touch smart thermostats, Sensi Manager multi-thermostat system and Sensi Predict smart HVAC. The Sensi solution, installed in mid-October, has already helped to optimize performance in more than 40% of the monitored units at the community.
“At Cortland, we promise to fix a resident’s problem in their home within 48 hours. If we don’t, our residents live rent free until we do. So when we’re alerted to an issue we need to respond quickly,” said Jonathan Tucker, Executive Vice President of Operations and Facilities for Cortland. “HVAC problems are a top service request from residents in places like Tampa. With the Sensi Predict technology from Emerson, we can be alerted to HVAC issues before they’re a problem. This allows our community service team members ample time to make necessary repairs or adjustments to HVAC units, which should positively impact resident living experience.”
Cortland is the first company to partner with Emerson to deploy their Sensi smart solution in the multifamily industry. In addition to 24/7 monitoring of HVAC system performance with Sensi Predict, Cortland can manage the temperature in common areas by updating the Sensi Touch thermostats using the Sensi Manager software from a single desktop location.
“Our technology can help multifamily firms like Cortland achieve one of their top objectives—resident comfort. By leveraging the full suite of Sensi technology, Cortland is equipping their community service teams with the tools to ensure that their HVAC systems are working effectively and to help schedule service and maintenance at times that are convenient for residents and staff,” said Craig Johnson, President, Residential Solutions for Emerson. “The combination of smart maintenance, our smart thermostats and multi-thermostat software create a solution that provides unmatched capabilities for property management teams.”
For more information, visit SensiPredict.com and Cortland.com.
The foregoing press release is for informational purposes only. Nothing contained herein is to be construed as a solicitation to offer investment advice or services, nor solicitation for the purchase or sale of any security. Information about investing in a Cortland fund is only available in the form of a private placement memorandum and other offering documents which contain information to help investors evaluate Cortland funds' investment objectives, risks, fees and expenses, among other factors, before considering an investment.
Cortland is not aware of the criteria on which the awards referenced in this presentation are based nor, the number of advisors surveyed for either award referenced. Cortland did not pay a fee to receive a workplace or size ranking. These rankings are not indicative of Cortland's future performance.
This press release may contain forward-looking statements. The opinions, forecasts, projections, or other statements, other than statements of historical fact, are forward-looking statements. You are cautions not to unduly rely on these forward-looking statements. Due to various risks and uncertainties, actual events or results or the actual performance may differ materially from those reflected or contemplated in such forward-looking statements. Nothing contained in this presentation may be relied upon as a guarantee, promise, assurance or representation as to the future. These for looking statements have not been reviewed by anyone outside of Cortland, and while Cortland believes the statements are reasonable, they do involve a number of assumptions, risks and uncertainties. Unless required by law, Cortland undertakes no obligation to publicly revise any forward-looking statement to reflect circumstances or events after the date of this press release or to Report the occurrence of unanticipated events. Cortland's past and current performance are not indicative of future results, and no representation is made that any Cortland investment will achieve its objectives or that any Cortland strategy will be successful. This press release is not personalized investment advice or an investment recommendation from Cortland.
