As the market approaches its transition from the first half to the second half of 2014, EDR Insight and Nova Consulting Group collaborated with well-known economist Ryan Severino at Reis, to get his take on the state of the economy and commercial real estate market coming off a slower-than-expected Q1. In his words, here’s what you can expect to see.
Crocker: Let’s start with the question on everyone’s mind. After such optimistic forecasts in January, why was Q1 so disappointing?
Severino: Clearly, the ...
While several cities are now requiring building energy benchmarking and reporting, two states have implemented programs that require disclosure to prospective buyers, lenders and lessees for commercial buildings. Failing to comply can result in fines and/or civil judicial proceedings.
Hiring Nova to be your energy consultant is an important step in making sure that you are complying with these laws and accurately reporting your building’s energy consumption. If Nova is already completing a PCA for your facility, an energy benchmark is an ...