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Energy

Heeding Green Advice

The benefits of green building and energy efficiency are real and increasingly want to be realized by commercial real estate investors and tenants alike.  Partner Engineering and Science, Inc.’s green retrofit of their new company headquarters in Los Angeles provided Partner with firsthand experience in realizing those benefits.  By undertaking this project Partner is now able to provide invaluabl... Read More »

Heeding Green Advice

The benefits of green building and energy efficiency are real and increasingly want to be realized by commercial real estate investors and tenants alike.  Partner Engineering and Science, Inc.’s green retrofit of their new company headquarters in Los Angeles provided Partner with firsthand experience in realizing those benefits.  By undertaking this project, Partner is now able to provide invaluab... Read More »

HERS II Rating System used to qualify for California TCAC and CDLAC, low income tax credits and private debt.

Affordable housing sponsors and developers seeking to utilize tax credits or private activity bonds through California Tax Credit Allocation Committee (CTCAC) and the California Debt Limit Allocation Committee (CDLAC), respectively, for rehabilitation projects must reduce the projects’ energy consumption. The energy reduction must be documented by submitting the California Energy Commission HERS I... Read More »

Partner Continues Industry Education Efforts with New Due Diligence Series

Environmental and engineering due diligence in relation to real estate transactions often poses questions about how, when and why. As an industry leader in providing assessments, Partner had taken to task to also be industry leaders in educating the real estate industry on the When of ordering a report, the Whys, the Hows, and the effects of the report once received. After publishing three videos ... Read More »

Tony Talks Commercial Building Energy Audits

Tony Liou, president of our sister company Partner Energy, recently discussed energy efficiency and energy audits for commercial buildings on GlobeSt.com’s “The Science of Real Estate” blog.  Below is a recap of what he discussed:  An energy audit is often the first step in making your commercial building more efficient.  The goal of an energy audit is of course to identify energ... Read More »

Property Condition Reports, a Comprehensive Overview

The Property Condition Report is a due diligence tool that helps buyers and lenders of real estate to understand the condition of the asset they are buying.   The most important section of the Property Condition Report is the Immediate Repairs table and the Replacement Reserves Table, where we express to the report user the capital spending that needs to happen in the near term and long term respe... Read More »

Green Property Condition Assessment

Green Property Condition Assessments make dollars and sense. Read More »

California Energy Disclosure Law’s Implementation Delayed Again

The California Energy Commission delayed the implementation of AB 1103, California’s landmark energy disclosure law.   This is the 4th time that the law’s implementation has been delayed in the past two years.   Now the first set of buildings will require energy disclosure in January of 2012–unless the law is delayed again. No doubt the law has serious opponents. There is still p... Read More »

Wal-Mart Suppliers’ GHG Emissions Reduction Plan in Action

Wal-Mart Suppliers' GHG Emissions Reduction Plan in Action, Carbon Partner Sees Result First-Hand Read More »

Property Condition Report, What is Included?

Property Condition Report What is included in a Property Condition Report (PCR)? The short answer is that the Property Condition Report evaluates all improvements.    Most Property Condition Reports done for lenders are done within the scope and limitation of the ASTM Standard E2018.  My firm, Partner Engineering and Science, typically defines the scope as follows: Conduct a thorough walk-thru ins... Read More »

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