Multifamily properties now eligible to receive ENERGY STAR scores and recognition!
"Multifamily properties represent a significant stock of commercial real estate. With energy benchmarking becoming increasingly important, as more cities and states adopt performance requirements, we applaud ENERGY STAR for updating Portfolio Manager to provide benchmarking and certification services for our market."
Cindy Clare, President | Kettler Management
Rising utility rates create financial risk for owners and reduce affordability for tenants of multifamily properties. Smart investments in high performance property improvements can help combat these risks and transform a multifamily property to a higher level of performance, quality, and affordability. Until now, decision makers in the multifamily sector have had limited resources available to them to effectively measure and compare energy and water usage against their peers. Recognizing this need, the EPA partnered with the Fannie Mae Multifamily Mortgage Business to deliver the 1 – 100 ENERGY STAR score for multifamily properties.
Researchers studied over 1000 multifamily properties. What did they find out?
How can IREM Sustainability help you use ENERGY STAR Portfolio Manager and achieve ENERGY STAR Certification?
It’s simple. IREM Sustainability offers services to set-up your ENERGY STAR account and sync your utility data with your IREM Sustainability account. This will allow for quick and easy access to your property’s benchmarking data.
How do I get started?
To receive a score, you will need:
Interested in becoming an IREM Certified Sustainable Property?
You may be closer than you think to having that plaque on your wall. Email firstname.lastname@example.org to schedule an IREM Certified Sustainable Property Gap Analysis today. We’ll walk you through the certification requirements, note activities you’ve already completed and map out a tailored process to earn the certification.
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