Tenant satisfaction is an important factor in the commercial real estate profitability equation. Properties with high tenant satisfaction have lower vacancy rates, retain tenants longer, command premium lease rates, and are ultimately more profitable. They’re also more marketable and with higher ... Read More »
PACE
Increasing Commercial Real Estate Profitability with Energy Efficiency Upgrades
Due to the growing demand for sustainable buildings, the Commercial Real Estate (CRE) industry has a timely opportunity for increasing overall portfolio financial performance. Property owners and managers who take advantage of this trend will find it easier to attract and retain tenants ... Read More »
5 Reasons Energy Efficiency Projects Fail to Launch
There are significant lost financial benefits associated with energy efficiency upgrade projects that fail to launch. A stalled upgrade of a building’s outdated HVAC system, lighting, envelope and energy infrastructure inevitably leads to reduced profitability. This includes high energy costs, ... Read More »
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 »
How Energy Efficiency Upgrades Can Benefit Building Owners and Tenants
If an energy efficiency building upgrade doesn’t benefit both the property owner and the tenant - especially with a triple net lease - it’s often easier to simply leave things the way they are even if that means losing money on wasted energy! I toured a business operation with a high monthly ... Read More »
Look Beyond the Interest Rate When Evaluating Funding Options for Energy Efficiency Upgrades
When evaluating funding options for energy efficiency upgrades, all too often building owners only focus on the interest rate, believing the one with the lowest is ideal. This typically limits the options to short-term commercial loans. With the advent of Property Assessed Clean Energy (PACE) ... Read More »
