Industry Expertise (3)
Energy
Real Estate Services
Real Estate Dev/Ops
Areas of Expertise (3)
Funding Energy Efficiency in Private Universities and Hospitals
Barriers to Energy Efficiency in Existing Buildings and Innovative Solutions
Solving the Split Incentive in Commercial Real Estate
Links (1)
Sample Talks (1)
Barriers to Energy Efficiency in Existing Buildings and Innovative Solution
The talk describes the three major barriers to energy efficiency in privately owned buildings: mortgage restrictions on additional debt, the split incentive whereby tenants get operating savings, and lack of credit market access or willingness to issue debt on the part of private institutions. It goes on to discuss an innovative solution, a Managed Energy Services Agreement that can retrofit property without liens or debt that would violate a mortgage or affect a credit rating.
