Energy savings has become a polarizing topic in commercial real estate. Some believe that direct energy savings to landlord-controlled utilities is the only way technology can deliver value. Others have been burned on real time energy monitoring pilot projects.
Read MoreThe “flight to quality” is happening across property types. The challenge is that the definition of “quality” has changed significantly in the last two years. This change generally falls into three broad categories: ESG reporting, building efficiency and health/wellness for occupants.
Read MoreCollectively, owners miss their capital budget projections by over $12 billion annually. A significant reason for this is the lack of visibility into operations and maintenance in triple net leased assets. Firms that can better forecast will find a significant competitive advantage.
Read MoreThe draft SEC climate disclosure rules stated that if a company has published carbon reduction targets, it must disclose how those are going to be achieved. Many have publicized commitments with the assumption that they will figure out the details later. It appears “later” is now.
Read MoreTo maximize the value of technology that supports the net zero journey, owners and operators should leverage the “jobs to be done” framework. First identify where technology can accomplish a specific task. True innovation happens when technology does that job better.
Read MoreThe primary issue when it comes to maintenance is that incumbent providers do not meet the needs of modern owners and operators and, at the same time, the value of real-time monitoring is not being realized because of the siloed, disparate nature of those solutions.
Read MoreTo make significant reductions, there will have to be improvements to the infrastructure on which buildings run. These fall into three broad categories: Conservation (eliminating waste), energy efficiency (improving baseline efficiency), low carbon fuel selection (electrification)
Read MoreThe same portfolios that have invested huge amounts of money and time in standardized millions of end points in a secure data warehouse still have their engineers doing their operational workflows the same way they have for decades. Why is that?
Read MoreThe realty for the vast majority of properties, definitely in multifamily but also in office, hospitality, retail and industrial, is that most workflows are still being done not only manually, on paper. Nowhere on the horizon is technology going to displace building operators.
Read MoreThe clock is ticking and there’s immense pressure to get it right so that the portfolio can continue to scale. What’s needed is a roadmap, a clear progression from the first step to the ultimate goal. So, let’s break ESG into three broad categories, each of which builds on the last.
Read MoreThere is a framework emerging that is helping owners and operators understand how to segment operational activities in a way that can effectively be covered by broad, consolidated platforms. This framework splits up the “Front of House” and “Back of House” technologies.
Read MoreIn triple net leased assets, tenants pay their utilities directly. When it comes to ESG, that means that the owner has little or no transparency or access to the data they need to satisfy investor’s increasingly tough requirements. There is no silver bullet, but there are strategies to pursue.
Read MoreInstead of hand-wringing over the ROI of real-time monitoring, leaders are recognizing that granular data provides the transparency necessary to make the capital investment decisions that will be necessary to hit aggressive targets.
Read More50 different vendors across 53 assets. 136 instances of manual workflows. See what else we learned from surveying 12 million square feet of commercial real estate. Plus, download the survey template we used, we’ll even white label it for your for free.
Read MoreThe best thing to do in the face of extreme uncertainty is to become more flexible. To gain the ability to respond to whatever situation presents itself and to be able to make adjustments when that situation changes, however quickly or gradually it does.
Read MoreCapital planning relies on rules of thumb, opinion, and a fundamental lack of data. But it doesn’t have to anymore. Low-cost equipment monitoring can track the factors that affect useful life continuously and over time to dramatically improve profitability.
Read MoreEnertiv’s clients consist of REITs and private real estate companies. They own and/or operate a broad mix of properties. Their investment strategies and lease structures vary widely. Some are comfortable with technology, others are just getting started.
Read MoreIn each of the hundreds of assets that the Enertiv Platform has been deployed in, there have been at least one or two issues which stood in the way of maximizing net operating income. Now, finding and fixing as many of these issues as possible is gaining priority.
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