access, accounting, apartment, apartment management, apartment rental, application, Arrest, Aventura property management, background checks, Bankruptcy, boca raton property management, boca raton property managers, Boynton beach property management, broker, Broward county property management, broward county property managers, broward property managers, camelot, camelot management, camelot property management, camelot real estate, camelot real estate services, coconut creek property management, coconut creek property managers, condo, condo management, condominium, condominium management, cooper city property management, coral springs property management, coral springs property managers, credit, credit checks, Criminal Background, dade county property management, dania beach property management, dania property management, dania property managers, davie property management, davie property managers, Deerfield beach property management, Deerfield beach property managers, delray beach property management, Employment Verification, Eviction, expert, family, Fort Lauderdale property management, fort Lauderdale property managers, fort Lauderdale residential property managers, gary, gary pache, Hialeah property management, highland beach property management, Hollywood property management, Hypoluxo property management, industry, industry news, info, information, inspection, inspections, insured, lake worth property management, lantana property management, Lauderdale by the sea property management, Lauderdale lakes property management, Lauderhill property management, leasing, licensed, lighthouse point property management, lighthouse point property managers, maintenance, management, Miami dade county property management, Miami gardens property management, Miami property management, Miami property managers, Miami residential property managers, Miramar property management, mls, n. Miami beach property management, news, north Lauderdale property management, north Miami beach property management, Oakland park property management, OFAC, owner, pache, palm beach county property management, palm beach property managers, parkland property management, Pembroke pines property management, Pembroke pines property managers, plantantion property management, plantation property management, plantation property managers, pompano beach property management, pompano beach property managers, portal, pro, professional, property management Aventura, property management boca raton, property management Boynton beach, property management broward county, property management coconut creek, property management cooper city, property management coral springs, property management dade county, property management dania, property management dania beach, property management davie, property management Deerfield beach, property management delray beach, property management fort Lauderdale, Property management Hialeah, property management highland beach, property management Hollywood, property management Hypoluxo, property management lake worth, property management Lauderdale by the sea, property management Lauderdale lakes, property management Lauderhill, property management lighthouse point, property management Miami, property management Miami dade county, property management Miami gardens, property management Miramar, property management n. Miami beach, property management north Lauderdale, property management north Miami beach, Property management Oakland park, property management of south florida, Property management palm beach county, property management parkland, property management Pembroke pines, property management plantantion, property management plantation, property management sea ranch lakes, property management single family homes south florida, property management south florida, property management sunrise, property management tamarac, property management wilton manors, property managers boca raton, property managers broward, property managers broward county, property managers coconut creek, property managers coral springs, property managers dania, property managers davie, property managers Deerfield beach, property managers fort Lauderdale, property managers lighthouse point, property managers Miami, property managers of south florida, property managers palm beach, property managers Pembroke pines, property managers plantation, property managers pompano beach, property managers south florida, property managers tamarac, property managers wilton manors, rent, rent manager, rental, request form, residential property management south florida, residential property managers Miami, screening, sea ranch lakes property management, service, Sexual Offender, singel, single family, single family property management south florida, South Florida property management, south florida property managers, south florida residential property managers, sunrise property management, tamarac property management, tamarac property managers, tenant, tenant screening, Terrorist, wilton manors property management, wilton manors property managersRiding the tide of a fast-moving multifamily industry, efforts to establish an ENERGY STAR® rating for apartment properties are building speed.

Back in June a voluntary Multifamily Energy and Water Research Survey was initiated and the results have thus far exceeded expectations even though all of the results have not been tabulated, according to a discussion on energy and water conservation before a packed room at Monday’s National Multi Housing Council OpTech 2012 Conference in Dallas. To date, nearly 10 percent of 6,500 property owners asked to participate in the survey have responded.

ENERGY STAR spokesman Michael Zatz, one of three panelists who spoke about the survey and energy and water benchmarking, said acquiring complete utility information that includes that of the property and residents will determine whether or not a rating can be achieved.

Some properties, he said, may not be able to provide collective resident utility records because of confidentiality issues with utility companies.

Survey results so far have revealed that acquiring whole building data is difficult to get and that the multifamily housing industry, necessitating that utility companies must work together to establish complete data so a rating system can be me made, according to Fannie Mae spokesperson Chrissa Pagitsas.

Most respondents have been from larger rental properties – many of them garden-style apartments – in the northeast and southern U.S. Some complained that the survey is too long and counting energy usage assets like dishwashers and laundry hook-ups is too laborious, although most submitted totals.

An analysis of data collected won’t be complete until later in 2013.

About the Survey

ICF International – in cooperation with the Commercial Real Estate Finance Council, the National Multi Housing Council, Urban Land Institute and Fannie Mae Multifamily Business – conducted the survey to help establish energy and water consumption benchmarking with hopes of creating a universal ENERGY STAR energy performance scale and certification for the first time in the industry. The survey asks property owners to provide information about a property’s physical layout as well as energy and water cost and consumption for 12 consecutive months covering 2011.

Once all the data is in, ENERGY STAR will determine if results are enough to establish a 1-100 rating an ENERGY STAR system similar to that for uses in commercial buildings. Rating proponents say that establishing a scale for the multifamily housing industry and creating more energy efficient apartments can potentially attract and retain renters, plus boost the value of the property up to 15 percent.

 

Tim Blackwell by on November 14, 2012 – propertymanagementinsider.com