Property Management News

Fannie Prices First Resecuritization of Green...

Fannie Mae has priced its first resecuritization of multifamily mortgages on energy-efficient buildings. The $1 billion FNA 2017-M2, which priced Wednesday morning, is Fannie Mae's second GeMS REMIC of the year. It included two tranches that are backed by 30 loans originated under Fannie Mae's green program and individually securitized. It's another sign that the financing of energy efficiency is moving into the mainstream of the capital markets. Fannie Mae began offering loans that help owners of older apartment buildings make upgrades in 2012; it started securitizing the individual loans shortly thereafter. In 2016, the government-sponsored enterprise issued $3.5... Read more

Multifamily occupants nowadays are becoming more concerned about cutting down their house energy footprint and save on electricity bills and therefore look for...

Energy-efficient buildings have lower operating costs, but also tend to command higher rents and enjoy higher occupancy and tenant retention levels than traditional...

The key to success for multi family building investors is to adopt a strategy that helps them control operation costs, and take steps that add value to their business....

For real estate investors, developers, architects and consumers, there is an importance and benefit of following certain construction standards that meet the needs of...

Apartment Buildings Get on the Energy Efficiency...

Energy efficiency in residential apartments is different than in commercial, industrial or other types of structures or facilities. Differences can include the way in which upgrades and retrofits are done and the financing structures supporting these changes. The motivation of ownership and tenants to implement technology to cut energy may not be as clear cut as in other scenarios. There also can be differences between use patterns depending upon the status of the tenant. “The difference lies in the contrasting habits between residents who own a space and those who lease a space,” wrote Maureen Lambe, the Executive Vice President of the National Apartment Association’s... Read more

The energy use in Denver's commercial and multi-family buildings accounts for more than half of the city's greenhouse gas emissions. In an effort to do...

The U.S. apartment market is hotter, more competitive and more popular than ever. With increasing interest in sustainable living, the newest and trendiest urban...

Dallas boasts more apartment rentals approved for "green" living than some of the country's most environmentally conscious cities, including Denver,...

Being kind to Mother Earth is priceless. But, if you insist, real estate can put a price on it-around $880/month in San Francisco these days. Or so says the apartment...