Property Management News

Apartments: The Low-Impact Green Investment

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 infrastructure, and less material demand are just a few reasons. ENERGY AND RESOURCES Apartments are built with efficiency in mind and use fewer square feet than a single family home. Multifamily residents don’t waste energy by heating or cooling spare rooms, empty spaces and storage areas. Many single-family homes have excessive space for... Read more

U.S. Energy Information Administration Administrator Linda Capuano told the Energy and Water Development Appropriations Subcommittee in the U.S. House of Representatives...

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...

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...

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...

Apartment Renters Now Expect Sustainable Design...

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 always include some green features. And the owners of older buildings often incorporate sustainable design component in their plans to renovate and refinance existing properties. For example, nearly half (42 percent) of overall multifamily financing provided by Fannie Mae in 2017 qualified for its Green... Read more

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...

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...

Eco-friendly features are cropping up on buildings around the country. In addition to green roofs and solar panels, private-public partnerships are...

When LEED certification was established in 1998, it was seen as a way to create a competitive advantage for its adopters. The new designation raised consumer awareness...