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 »
Property Assessed Clean Energy
Unique Financing Option Aligns Tenant and Building Owner Energy Efficiency Goals
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 »
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 A stalled upgrade of a building’s outdated HVAC system, lighting, envelope and energy infrastructure inevitably leads to reduced profitability.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 »
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 »
