In 2024, Partner Energy’s Green Certifications practice grew in the number of properties certified, from 161 total properties certified in 2022, to 184 in 2023, and then to 192 in 2024. Last year, Partner Energy helped clients obtain 145 ENERGY STAR® EB certifications, and 47 other green certifications. Among ENERGY STAR® certifications, multifamily properties had […]
Category Archives: News
07
Jan
Jan
On January 2nd, Lawrence Berkeley National Laboratory published the report, Building Performance Software: Portfolio-Level Capabilities and Applications, which “reviews the ecosystem of environmental, social, and governance (ESG), energy management information systems (EMIS), and decarbonization software with the goal of orienting prospective users to current offerings.” The report “offers a snapshot of today’s rapidly evolving decarbonization […]
23
Oct
Oct
California Code of Regulations Section 2644.9 – Consideration of Mitigation Factors; Wildfire Risk Models Wildfires have become a concern in California over the past several years, with catastrophic events leading to billions of dollars in damage. With changing climate patterns and extended periods of drought, the frequency and intensity of these wildfires have heightened. In […]
10
Oct
Oct
On October 7, 2023, California Governor Gavin Newsom signed into law two climate disclosure and reporting bills: the Climate Corporate Data Accountability Act or Senate Bill (SB) 253, and Climate-Related Financial Risk Act (SB 261). These two laws, together known as the Climate Accountability Package, will require certain public and private companies that conduct business […]
03
Oct
Oct
The need for EV charging stations is increasing as more consumers switch to electric vehicles. As federal and state programs push for the installation of EV charging stations to help with net-zero goals, now is the best time to consider investing in EV charging for your properties. There is a plethora of EV charging funding […]
18
Sep
Sep
Partner Energy’s Green Certification consulting practice has grown over the years, and is seeing a continuous demand for certifications in commercial real estate. In the last year, Partner Energy has also begun offering certification consulting and support for BREEAM and IREM Certified Sustainable Property (CSP) in addition to other well-established certifications such as ENERGY STAR®, […]
29
Aug
Aug
With increasingly unpredictable weather patterns and the growing threat of wildfires, the importance of property resilience measures cannot be overstated. Implementing such measures help to fortify properties against natural disasters, minimize the potential damages, reduce downtime, and increase property value. The lone “miracle house” that survived relatively unscathed after the Maui fire while the houses […]
03
Aug
Aug
by J.R. Lephew and Molly Gracia Since the signing of the Inflation Reduction Act (IRA) in late summer 2022, the commercial real estate industry has been aglow from the potential for much needed funding to support their ventures and bolster transaction volume. The overall goal and mission of the many Partners, such as investors, developers, […]
27
Mar
Mar
Published March 27, 2023 ESG lending is gaining momentum in the real estate lending community – and perhaps at no better time. CRE lending standards are tightening even further because of ongoing global banking troubles. Borrowers supporting their applications by substantiating their ESG metrics could find it easier to get a loan across the finish […]
21
Mar
Mar
Published March 9, 2023 The commercial real estate industry has been heavily dedicated to incorporating environmental, social and governance activities – ESG – into business operations and activities. A greater awareness of climate change-related hazards continues to drive the need for greener and more sustainable environments. The “environmental” aspect of the three-pronged ESG tends to […]