How do you get the owner of an older building and their tenants, who frequently have a triple-net lease, to come to an agreement when deciding how to pay for cost-saving facility upgrades? I had an opportunity to address that question while completing energy efficiency upgrade proposal. The ... Read More »
Building Upgrades
Financing Post-Pandemic Building Upgrades
Due to the impact of COVID-19 many building owners are strapped for cash. Even though needed building upgrades may be long overdue, a business that has been idled for months may find it hard to come up with the cash needed to launch such projects. A unique funding option known as Property Assessed ... Read More »
This Building Models the Best in Clean Energy Options
The tour of the Zero Net Energy Center in Detroit’s Corktown offered a compelling vision of what’s possible when building owners embrace sustainability and clean energy options. While the average commercial building wastes 30% of the energy it consumes, the Zero Net Energy Center produces its own ... Read More »
The Cost of Delayed Energy Saving Building Upgrades
A proven strategy for increasing the profitability of commercial real estate (CRE) is reducing wasted energy. That waste represents a significant unneeded expense as detailed by the U.S. Department of Energy: “The average commercial building wastes 30 percent of the energy it consumes.” Wasted ... Read More »
