Ritter on Real Estate

Why EV Charging Is a Multifamily Revenue Play with Ben Kanner

Kent Ritter

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0:00 | 27:20

On this week’s episode, Kent is joined by Ben Kanner. They dig into why EV charging has quickly shifted from a “nice-to-have” sustainability feature to a real, capital-efficient value-add for multifamily owners. Ben explains how growing EV adoption, renter demand, and rent premiums are creating a compelling NOI opportunity—especially when paired with a no-upfront-cost infrastructure model. The conversation breaks down how EV charging can reduce vacancy, improve resident retention, and generate incremental revenue without adding operational burden for owners.

Where to find Ben:

Key Takeaways

  • EV charging is no longer just about sustainability—it’s a revenue and NOI strategy for multifamily owners.
  • Roughly one-third of renters are interested in EV charging and are willing to pay more in rent for the amenity.
  • A no-cost infrastructure model allows owners to add EV charging without upfront capital or monthly fees.
  • Properly maintained and priced chargers align incentives between operators, residents, and infrastructure providers.
  • EV adoption varies by market, making localized underwriting critical to long-term success.



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