Going Green

The legislation is backed by state environmental groups and regulators but opposed by the real estate lobby. Connecticut environmental regulators are backing legislation that would require homeowners and property managers to disclose a residence’s energy costs when selling or leasing. Property owners would have to provide the previous year’s worth of energy bills at a…

“We think it’s safe to say it’s [also] the greenest student facility in the country,” said Jason Wills, chief marketing officer of student housing REIT American Campus Communities which developed the project. Wills adds, “Sustainability can be comfortable, homey and affordable. It does not have to feel different or compromised. Plaza Verde is a perfect…

Regardless of the age of the property, apartment life offers many advantages for individuals and for the greater community, especially for those seeking a greener, healthier and more responsible lifestyle. Living in an apartment leaves a smaller carbon footprint than single family homes. Why? How? Lower energy and water use, more efficient use of city…

U.S. Energy Information Administration Administrator Linda Capuano told the Energy and Water Development Appropriations Subcommittee in the U.S. House of Representatives in February that the U.S. energy industry is in a transformational time. She punctuated that statement by noting that, for the first time in almost 70 years, the U.S. will be exporting more energy…

Staying one step ahead in the uncertain and competitive real estate space can be a challenge. We started out the year with many experts predicting that sustainability would once again be a “trend” for 2019. This is not an “aha” moment for most of us: Green building and sustainability have been enduring trends in the…

Benchmarking utilities has become a way of life in multifamily. Not long ago, the EPA introduced its Portfolio Manager, a repository for a commercial property’s utility consumption data for benchmarking. By 2014, the arduous task of establishing an equitable energy efficiency scoring system for multifamily properties had arrived and the EPA invited portfolios to track consumption. Five…

An increasing number of Americans are making an effort to be more environmentally cautious, especially in the wake of natural disasters that have ravished local communities across the country. This is especially so for De Young Properties, an environmentally friendly home building company that specializes in the creation of net-zero energy homes. The company has built more than 140…

Sustainable design features including energy efficiency and good indoor air quality are now becoming so common that they are almost taken for granted. “What used to be exceptional is now everyday,” says Dave Borsos, vice president of capital markets for the National Multifamily Housing Council (NMHC), a multifamily industry advocacy group. Today, new apartment units almost…

Effective January 1, 2018 a new law makes it easier for a California condominium owner to install a solar energy system on the roof the building in which he or she resides. The law also covers the installation of such a system on a garage or carport adjacent to the building that has been assigned…

Increasing energy efficiency in the home is a concern that is echoed throughout all aspects of the residential housing sector. From sustainable building practices and energy-conserving materials to smart gadgets and ultra-efficient appliances, professionals across the board are tasked with finding ways of making homes more energy efficient. Because keeping up with current trends is…