The Utility Management Advisory (UMA) is pleased to announce that the winner of this year’s Sustainability and Innovation Award is American Realty Advisors (ARA)!
The Sustainability and Innovation award celebrates excellence in energy, water, and/or trash management, as well as projects demonstrating measurable enhancements in sustainability practices.
The award was presented to ARA during the […]
In a recent webcast, Doug Bibby, president of the National Multifamily Housing Council (NMHC), headquartered in Washington, D.C., joined Jay Parsons and Greg Willett of MPF Research to talk about issues of interest to the multifamily industry.
In discussing the on-going shortage of income-restricted/designated-affordable housing, Bibby emphasized the importance of the Low Income Housing Tax […]
The Energy Protection Agency (EPA) has over 65 product categories, but noticeably absent was clothes dryers. As the second-largest energy-users of a residence, the market was hung out to dry on hopes for efficiency, until now.
The EPA has published standards for lighting, heating, cooling, home envelope, office equipment, commercial food service, appliances, and home electronics to name a few.
“Pretty much […]
As apartment owners and operators, it’s hard not to notice the regulatory environment changing with regard to sustainability and energy management. Knowing where to find good information on these changes, as well as those who hold the apartment industry’s best interest as a priority, is critical to staying aligned with on-going changes.
The National […]
Energy is the single largest operating expense for commercial buildings, says the Environmental Protection Agency (EPA), but about 30 percent of building energy is used inefficiently or unnecessarily. For multifamily, it’s the third largest expense after debt service and salaries.
Coming down the pike, on the federal, state and local levels in cities around […]
What does going “green” mean anyway?” Is it only about conserving natural resources? Or is it about reducing our carbon footprint—whatever that is? It usually encompasses those and more, but from a business perspective the question is: What green concepts do I need to embrace that will benefit my residents, my bottom line, and […]
Simple strategies to simplify your budgeting process and generate ROI
Right now, busy multifamily executives and property management teams across the nation are in the throes of developing, forecasting and finalizing their 2012 operating budgets. Given that utilities are among the top three operating expenses at a multifamily community, it is critical that […]
After all, we already evaluate our communities comparing metrics such as occupancy rates and rents.
ENERGY STAR has done an excellent job of creating rating systems for building types including the obvious commercial and data centers, hospitals […]
CTO Aneesh Chopra says he wants energy industry to create green button to provide access to online information.
The idea sounds simple enough: residents can go to their utility’s Website, click a […]
This begs the question, what are the inherent risks? In today’s environment, macro risk, at the economic and regulatory level, breed micro-level challenges for multifamily owners and operators who are particularly sensitive to changes in utility costs.
Micro-level risks, when understood, are far more […]