Category: Energy

Investing in Efficiency

Green multifamily financing

The importance of technology, including solutions provided by Yardi, in improving building energy performance is well documented. Perhaps less widely known, but no less crucial, is the role energy-oriented financial incentives play in helping property owners afford to invest in energy efficiency upgrades. Until recently, the Institute for Market Transformation (IMT) noted in a recent […]

Energy

Tenant Power

Awards for Smart Energy Use

The U.S. Environmental Protection Agency’s ENERGY STAR program has helped business owners and individuals save money and protect the environment through energy efficiency since 1992. Now there’s a new dimension to the program. In the fall of 2017, EPA launched the ENERGY STAR Tenant Space pilot program to promote energy efficiency in commercial tenant spaces. […]

Energy

Score Alert

New ENERGY STAR Metrics

The U.S. Environmental Protection Agency’s ENERGY STAR® score gives building owners a snapshot of their property’s energy performance by comparing it to a database of similar buildings. Performance metrics in ENERGY STAR Portfolio Manager®, an online tool for tracking energy and water consumption and greenhouse gas emissions, changed on Aug. 26 to reflect the most […]

Energy

Energy Storage

Promising New Technologies

Though energy storage is a relatively new addition to the property operations toolkit, it offers vast potential. Battery systems have demonstrated multiple ways to enhance sustainability, cut costs and supply reliability. A key tactic is load shifting, the process of obtaining power during off-peak hours and storing it for use during costlier peak hours, noted […]

Energy, News

CRE Leans Green

Ways to Reduce Grid Strain

In July, parts of the U.S. saw record demand for electricity, driven by higher temperatures pushing up power usage. Pennsylvania-based regional transmission organization PJM Interconnection LLC reported 144,557 megawatts of demand on July 3, the highest level in almost two years. Power usage in New York City reached its highest level since 2013 the previous […]

Energy, News

Leveraging Energy Data

Kilroy Realty Corporation

Kilroy Realty Corporation (NYSE: KRC) continues to normalize green leasing in-house and across the industry. The Los Angeles-based company builds each of its properties to a minimum of LEED Gold Certification and has won numerous awards for sustainability across its existing 13.9 million square foot portfolio. Sara Neff, MBA, LEED AP, Senior Vice President of Sustainability […]

Energy, News

Rising Concern

Sea Level Impact on Real Estate

Intense climate and weather-related events, such as hurricanes, hail and ice, heat and wind and inland flooding, are occurring around the world with alarming intensity. Three hurricanes in 2017 alone caused a combined $300 billion in damages. About 5 million people in the U.S. are within 4 feet of a local high-tide level. A United […]

Energy, News

Better Buildings

LA Leads Energy Efforts

A recent report presented by Better Buildings®, an initiative of the U.S. Department of Energy, and Global Real Estate Sustainability Benchmark (GRESB), an association dedicated to assessing and improving the sustainability performance of real estate assets, offered insight into the impact of sustainability certifications on commercial properties’ business performance in Los Angeles. David Hodgins, executive […]

Energy, News

Shining Cities

Solar is Hot in 2017

Solar power installations marked a new high in 2016. The U.S. now has 42 gigawatts of solar photovoltaic energy capacity, sufficient to power 8.3 million homes and reduce carbon dioxide emissions by 52.3 million metric tons annually. The solar capacity grew by 55 percent year-over-year, according to an analysis released by Environment America Research and […]

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