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Sean Neill Sean Neill

Managing Director | Transcend Equity Development

New York, NY, UNITED STATES

Natoinal thought leader on energy efficiency in existing buildings and strategies for funding retrofits.

Industry Expertise (3)

Energy

Real Estate Services

Real Estate Dev/Ops

Areas of Expertise (3)

Barriers to Energy Efficiency in Existing Buildings and Innovative Solutions

Solving the Split Incentive in Commercial Real Estate

Funding Energy Efficiency in Private Universities and Hospitals

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.