As pressure from investors for ESG reporting mounts, owners of multifamily properties increasingly look to collect whole-building utility usage data.
For properties using electric and gas meters for individual units, comparing energy performance among their properties is difficult if not impossible. So, owners are turning to web-based platforms for reporting and comparing energy utilization among their properties.
Some owners have committed to ambitious sustainability goals such as the Global Real Estate Sustainability Benchmark, and need accurate data to know where to make investments for energy-efficiency projects. To date, the multifamily sector has been slower than other industries to adopt new technologies for energy usage assessments.
Several startups, including Verdigris, Vutility, Redaptive, Utility API and Smappee, have developed tools to address this need.
Related Stories
High-rise Construction | Sep 8, 2016
Construction on the tallest residential tower in western Europe could start early next year
China’s Greenland Group is the developer of four of the world’s 10 largest skyscrapers
High-rise Construction | Sep 6, 2016
Peddle Thorp Architects' solar-powered Melbourne high-rise looks to go off the grid
The skyscraper would be the first in Australia to incorporate solar cells in its façade.
Multifamily Housing | Aug 17, 2016
A new research platform launches for a data-deprived multifamily sector
The list of leading developers, owners, and property managers that are funding the NMHC Research Foundation speaks to the information gap it hopes to fill.
Multifamily Housing | Aug 12, 2016
Apartment completions in largest metros on pace to increase by 50% in 2016
Texas is leading this multifamily construction boom, according to latest RENTCafé estimates.
Regulations | Aug 9, 2016
New trend eases parking requirements for U.S. cities
Transit-oriented development and affordable housing are spurring the movement.
Multifamily Housing | Aug 9, 2016
Surge Homes brings the concept of micro condos to Houston
The sub-500-sf homes will be the first of their kind to be offered in the metro known as Space City
| Aug 4, 2016
MULTIFAMILY BUILDING GIANTS: Rental complexes focus on affordability, accessibility, and specialty amenities
To address the affordability problem and attract tenants, owners and developers are experimenting with smaller and smaller units, amenity-rich environments, and “co-living” concepts.
| Aug 4, 2016
Top 50 Multifamily Engineering Firms
Jacobs, AECOM, and Arup top Building Design+Construction’s annual ranking of the nation’s largest multifamily building sector engineering and E/A firms, as reported in the 2016 Giants 300 Report.
| Aug 4, 2016
Top 80 Multifamily Construction Firms
Lendlease, Suffolk Construction Co., and Clark Group top Building Design+Construction’s annual ranking of the nation’s largest multifamily building sector construction and construction management firms, as reported in the 2016 Giants 300 Report.
| Aug 4, 2016
Top 110 Multifamily Architecture Firms
Perkins Eastman, CallisonRTKL, and Solomon Cordwell Buenz top Building Design+Construction’s annual ranking of the nation’s largest multifamily building sector architecture and A/E firms, as reported in the 2016 Giants 300 Report.
