Recent changes to LEED O+M certification; What you need to know

Recent changes to LEED O+M certification; What you need to know In 2015, the USGBC began its shift to a performance-based platform for LEED Operations & Maintenance (O+M) certifications. Formerly known as LEED Dynamic Plaque and Performance Score, this certification pathway is now officially called “LEED v4.1.” Since its launch last year, the USGBC has[…]

The ENERGY STAR beat; EPA shutdown, certifications, and benchmarking mandates

The ENERGY STAR beat; EPA shutdown, certifications, and benchmarking mandates With the longest government shutdown in U.S. history behind us, ENERGY STAR Portfolio Manager is back online and most city/state benchmarking mandates are back on schedule. However, ENERGY STAR certifications are still on hold as the EPA continues to evaluate their scoring models. ENERGY STAR certifications[…]

On the Sustainability Journey, You Have to Tell Your Story

On the Sustainability Journey, You Have to Tell Your Story Google the term “sustainability” and you’ll quickly realize its broadness.  Hone your search in on “sustainability in real estate” and you’ll see that one definition simply doesn’t exist.  To some it means saving energy and water, while others look immediately for a public-facing sustainability report[…]

Why the upcoming ENERGY STAR score changes are good for your organization

Why the upcoming ENERGY STAR score changes are good for your organization On August 26th, the ENERGY STAR scores for most building types will drop. This is part of EPA’s regular cycle of updating ENERGY STAR performance metrics to reflect changing market conditions. The scores for office buildings, schools, and retail properties will see the[…]

A game changer; the USGBC goes all-in on performance

A game changer; the USGBC goes all-in on performance It started in 2015 with the launch of the Performance Score pathway for LEED certification. With the recent release of LEED v4.1 beta, Performance Score will now become the foundation of USGBC’s flagship O+M rating system for existing buildings. Performance Score (formerly LEED Dynamic Plaque) is an annual[…]

“It turns from a building into a robot, what’s fun about that?”

“It turns from a building into a robot, what’s fun about that?” – Big, 1988 Good question, Josh (Tom). The market is flooded with new smart technologies that can automate the whole occupant experience, from predictive elevator dispatching to precise temperature control. These technologies can save you time, money, and improve tenant comfort. Before you[…]

The sustainability playbook for leading convention centers

The sustainability playbook for leading convention centers Leading convention centers across the country are leveraging their sustainability programs to strengthen their brand and improve financial performance. While each sustainability program is unique, they tend to follow a similar playbook. In working with leading convention centers across the country, we have identified the following key components of[…]

For a breath of fresh air this winter, focus on the 90%

For a breath of fresh air this winter, focus on the 90% This winter, many of us will be breathing stale indoor air with unhealthy levels of pollutants. The air we breathe can have a profound effect on our health, mood, and productivity. Ventilation, or bringing fresh outside air indoors, is a leading strategy for[…]

The trojan horse on your balance sheet

The trojan horse on your balance sheet Just north of the White House, drinking water is still flowing through pipes that were installed before the Civil War. In DC and many other cities across the country with aging infrastructure, water main breaks are a daily phenomenon. The bill to repair and upgrade our country’s long-neglected[…]

Convention centers and LEED Performance Score; A perfect union

Convention centers and LEED Performance Score; A perfect union The LEED for Existing Buildings (EB) rating system was originally designed for office buildings, not convention centers. The unique operating conditions of convention centers create a long trail of LEED EB paperwork that pulls your team away from their core mission. LEED Performance Score streamlines the[…]

Key Takeaways from the 2017 Green Venue Report

Key Takeaways from the 2017 Green Venue Report The 2017 Green Venue Report included data from 66 convention and exhibition centers across 16 countries. The report compares green venue performance and highlights sustainability trends across a wide range of areas, from energy efficiency to food & beverage.  Here are some key takeaways. Green certifications are[…]

Are you leaving NOI on the table as your portfolio grows?

Are you leaving NOI on the table as your portfolio grows? As we begin the ninth consecutive year of economic growth in the U.S., real estate market fundamentals remain strong and many portfolios are experiencing rapid growth. With growth comes new acquisitions and the controlled chaos of sorting out everything from financing to re-branding in 30-60 days.[…]

Multifamily green financing; A stronger business case leads to a banner year

Multifamily green financing; A stronger business case leads to a banner year This past year was a game changer for the multifamily green financing market. Fannie Mae and HUD significantly increased financing discounts for their existing programs, while Freddie Mac entered the market with a splash. By the end of 2016, the agencies had funded[…]

Market trends; Leverage new & established sustainability programs for market differentiation

Market trends; Leverage new & established sustainability programs for market differentiation Successful real estate owners and managers typically leverage one or many nationally recognized sustainability programs for market differentiation, improving the financial performance of their properties, and for engaging investors, tenants, and other stakeholders. While not exhaustive, the list below compares the most prevalent sustainability programs in the[…]

breea in CIRE Magazine; Adding value during the due diligence process

breea in CIRE Magazine; Adding value during the due diligence process An article published in the March/April 2016 issue of Commercial Real Estate Investment magazine. The due diligence process focuses on identifying building deficiencies and managing financial risk. A typical property condition assessment uncovers these deficiencies and includes capital reserves for building repairs and upgrades[…]

LEED certification: The business case for LEED Performance Score

LEED certification: The business case for LEED Performance Score Launched in 2015, LEED Performance Score is a cost-effective alternative to traditional LEED for Existing Buildings; Operations & Maintenance (EBOM) (re)certification that provides the same outcome of LEED certification with 25-50% lower costs. LEED Performance Score is a performance-based rating system that generates a real-time score based on five categories; Energy, Water,[…]