GREEN YOUR BUILDINGS WITHOUT DEBT

June 27, 2008 on 7:41 pm | In Fascinating Information, Funny...Money, Green, New Developments, Office Fodder, PROPERTY MAINTENANCE, Trends, Uncategorized, Winning Properties, lenders |

GREEN YOUR BUILDINGS WITHOUT DEBT 

BOMA - The Building Owners and Managers Association International- has unveiled a standardized contract that allows building owners to reduce energy costs via retrofitting their buildings and at the same time finance those retrofits without placing additional debt on their buildings. The model contract, developed by BOMA in cooperation with the Clinton Climate Initiative, is an agreement between an energy service provider and a building owner in which the energy service provider guarantees to save the building owner a certain amount of money on energy costs each year by retrofitting a building. In return, the building owner agrees to pay the energy services provider out of the savings realized through the retrofit.

  BOMA - The Building Owners and Managers Association International logo The new BOMA-CCI model energy performance contract is designed to overcome those obstacles by providing a standardized contract that addresses all of the legal and technical issues involved in negotiating such a deal, and it also provides a blueprint for financing the contract via a lease between the building owner and the energy services provider. Henry Chamberlain, president and CEO of BOMA stated the association’s objective was to create “a turn-key program and a simplified contract” for building owners. Get all the details @ http://www.globest.com/news/1185_1185/denver/171797-1.html 

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  1. [...] Original post by Southern California Industrial Real Estate Blog [...]

    Pingback by GREEN YOUR BUILDINGS WITHOUT DEBT · Real-Estate101.ExplainedOnline.Net — June 27, 2008 #

  2. [...] Original post by Southern California Industrial Real Estate Blog [...]

    Pingback by GREEN YOUR BUILDINGS WITHOUT DEBT · Real-Estate-Investing.ExplainedOnline.Net — June 27, 2008 #

  3. [...] Original post by Southern California Industrial Real Estate Blog [...]

    Pingback by GREEN YOUR BUILDINGS WITHOUT DEBT · Real-Estate.ExplainedOnline.Net — June 27, 2008 #

  4. the economy slips into a severe recession, the prolonged contraction could drive down the sustainable level of housing demand by slowing the loss of older units, forcing more households to double up, and reducing sales of second homes, the report said. But in the case of a mild downturn, which most economists expect, the fundamentals of demand are likely to drive a strong rebound in housing once prices bottom out and the economy begins to recover.

    Comment by Joint Center for Housing Studies of Harvard University. — June 28, 2008 #

  5. The current cycle of the real estate market has left most investors on the fence waiting for an opportunity to place their money. What most don’t know is that the single greatest opportunity to achieve tremendous wealth is already here…greening your buildings + getting the tenant to pay for it.

    Comment by Neil Meharu — June 29, 2008 #

  6. Goals
    The New York Times Building at 620 Eighth Avenue was developed and constructed with
    three goals in mind:
    • To enhance the way we work by creating a comfortable and efficient workspace for
    Times Company employees.
    • To serve the Times Company’s long-term operational needs as an owner/user.
    • To reflect the Company’s values and make a meaningful contribution to New York City.
    The building was designed by Pritzker Prize–winning architect Renzo Piano in association
    with FXFOWLE Architects. The New York Times Company interior office space was
    designed by Gensler.

    Comment by THE NEW YORK TIMES COMPANY — January 16, 2009 #

  7. The thrust of the Clean Energy Stimulus and Investment Assurance Act of 2009 is to create green-collar jobs and revitalize the economy through clean energy investments. Section 506 of the bill, offers property owners a 30 percent tax credit for qualified green roof expenses. The tax credit applies to both new and retrofit projects, but it requires that at least 50 percent of the roof area be covered with vegetation.

    Comment by Nigel F. Maynard — February 7, 2009 #

  8. Share your favorite green business!
    ________________________________________
    We’re always adding new listings to our Business Directory, so if you don’t find it here, we would love to hear about a favorite green business in YOUR neighborhood. We’re also excited about Greenopia’s expansion now offering our readers online listings in more than 50 U.S. cities! So if you have a favorite green place to shop or dine outside of Los Angeles, tell us about it, or forward this newsletter to a friend who can suggest a favorite local green business in their hometown.

    Suggest a business or organization at Greenopia.com!

    Comment by Greenopia LA — March 7, 2009 #

  9. The potential of green building and green development to create green jobs and save energy, water and money will be most successfully realized when it is implemented at every level, from green retrofits of individual existing buildings to the infrastructure of entire cities. The Clinton Climate Initiative (CCI) last week announced a new program, in partnership with the U.S. Green Building Council, that will support the development of large-scale urban communities that are designed to reduce the amount of onsite CO2 emissions to below zero.

    The Climate Positive Development Program will support developments in 10 countries on six continents.

    Comment by Clinton Climate Initiative — June 1, 2009 #

  10. GREEN BUILDING STANDARDS 2009 – FEEDBACK NEEDED
    —————————————————————–
    In an effort to promote sustainable buildings, California last year became the first state in the nation to adopt a statewide Green Building Code. Known as CalGreen, it is already being updated. Your input is critical.

    Your analysis and feedback is needed on the proposed changes for non-residential properties. To read the proposed changes for California Green Building Standards Code, Part 11, Title 24 — Commercial, Industrial, and Retail Real Estate,
    http://www.cbpa.com/documents/CA%20Green%20Building%20Code%202009%20Update%20-%20Non-Residential.pdf.

    Comment by CalGreen — June 7, 2009 #

  11. The residents of Miami, Fla. fully felt the effects of the real estate crash, including a 12% decrease in hotel occupancy for the first quarter of 2009, an increase in unemployment to 8.5% in March 2009 and a 9% year-over-year increase in foreclosures for April 2009. Yet, on average, Miamians owe more of their personal income to credit card companies than those in any other area of the U.S.

    While the median household income is a moderate $43,333–the national average is $50,233–average credit card debt in each home is $9,797.38. That means to pay off outstanding credit card bills, debtors would have to forgo 22.61% of their incomes.

    Other areas where Americans continue to spend far more than they earn include Tampa, Fla., where the average household owes 17.1% of its total income; Los Angeles, where it’s 16.81%; Jacksonville, Fla., which owes 16.38% on average; and Orlando, Fla., indebted by 16.37%.

    Comment by ABC News — July 11, 2009 #

  12. Pacific Park in Santa Monica has a solar powered Ferris wheel featuring more than 160,000 energy-efficient LED lights generating more than 71,000-kilowatt hours of renewable photovoltaic power.

    Comment by Pac Park — July 12, 2009 #

  13. First state-wide green building code takes effect

    On August 1, 2009, the first of its kind state-wide green building code took effect for public buildings in California. In 2010, the green building code will apply on private projects. Local governments may adopt building codes in excess of the green building code. The green building code covers energy efficiency, water consumption, dual-plumbing systems for potable and recyclable water, diversion of construction waste from landfills, and use of environmentally sensitive materials in construction and design that do not contaminate indoor air quality (including eco-friendly flooring, carpeting, paint, coatings, thermal insulation and acoustical wall and ceiling panels). The green building code is not intended to be a substitute for any certification programs such as LEED.

    Comment by newsreview.com — August 11, 2009 #

  14. Collect and recycle your e-waste. Electronic waste, also known as e-waste, includes printers, monitors, computers, and anything else with an on/off switch. E-waste should never go in the trash as it may contain toxic chemicals that can leach into the groundwater under landfills. Instead of just chucking it, take it to your local hazardous waste center, or contact one of the many recycling companies operating around the country. Since there’s value in the recycled components, look for one that doesn’t charge a fee for pick-up. You can find local resources for disposing of e-waste here.

    Comment by Jessica Jensen — August 13, 2009 #

  15. Seven Important Steps to a Successful Zero Energy Home - http://www.toolbase.org/Home-Building-Topics/zero-energy-homes/seven-steps-zeh

    Comment by Toolbase.org — September 8, 2009 #

  16. Under a plan developed through the William J. Clinton Foundation, participating banks would provide up to $1 billion each in loans that cities or private landlords would use to upgrade energy-hungry heating, cooling and lighting systems in older buildings.

    The loans and interest would be paid back with savings accrued through reduced energy costs

    Comment by William J. Clinton Foundation — September 12, 2009 #

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