flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

After Energy Star stopped certifying medical properties, a REIT developed its own certification

Codes and Standards

After Energy Star stopped certifying medical properties, a REIT developed its own certification

Welltower uses internal system to evaluate total building performance.


By Peter Fabris, Contributing Editor | February 14, 2018

After the U.S. Department of Energy halted its Energy Star program for medical office buildings in 2013, real estate investment trust Welltower developed its own proprietary system to evaluate total building performance.

The company’s Green Arrow Building Certification (GABC) program measures energy, water, waste, indoor air quality, and innovation. Over 230 properties in the U.S., Canada, and the U.K. participate in the program each year, with115 properties achieving certification.

The GABC program has helped identify areas of improvement and items in need of corrections. Most properties have seen a 1%-12% reduction in energy use as a result of the program. Energy, water, and waste usage are tracked monthly, and reports are sent to all real estate managers and engineers for review. Any buildings with an increased usage of 5% or more must be reviewed for probable causes to explain variances.

Welltower contracted with a third-party energy consultant to develop the program. Green Arrow was based on the foundation of both Energy Star certification and the Global Real Estate Sustainability Benchmark (GRESB).

Related Stories

Codes and Standards | Dec 16, 2021

Laws and regulations complicate growth of community solar gardens

New projects stymied by utility resistance and legislative restrictions.

Codes and Standards | Dec 16, 2021

Property owners need systematic approach to GHG emissions reduction

Energy hog buildings at risk for becoming stranded assets.

Codes and Standards | Dec 15, 2021

Design problems now the primary cause of construction claims and disputes

More likely to occur due to more tight timescales imposed upon third parties engaged in design.

Codes and Standards | Dec 13, 2021

ABC releases guide to technology for improving safety performance

Provides details on how to identify, choose, and implement technology.

Codes and Standards | Dec 8, 2021

Construction industry is the top target for cyberattacks

Smart building tech is a new avenue for criminals.

Codes and Standards | Dec 8, 2021

Proposals to add more multifamily to Atlanta prompt drive for Buckhead to secede

City aims to increase housing as projections point to sharp population increase.

Codes and Standards | Dec 7, 2021

Design problems now the primary cause of construction claims and disputes

More likely to occur due to more tight timescales imposed upon third parties engaged in design.

Codes and Standards | Dec 5, 2021

New standard for Phase I environmental reports requires more research work on many sites

Update affects around 250,000 commercial real estate transactions a year.

Codes and Standards | Nov 30, 2021

Dept. of Energy publishes RFP for technical assistance on supporting better building codes

Addresses advanced standards to reduce energy consumption and GHG emissions.

boombox1
boombox2
native1

More In Category

Sustainability

Grimshaw launches free online tool to help accelerate decarbonization of buildings

Minoro, an online platform to help accelerate the decarbonization of buildings, was recently launched by architecture firm Grimshaw, in collaboration with more than 20 supporting organizations including World Business Council for Sustainable Development (WBCSD), RIBA, Architecture 2030, the World Green Building Council (WorldGBC) and several national Green Building Councils from across the globe.




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021