BOMA San Francisco Members:
The Better Buildings Alliance would like to invite you to two upcoming webinars on the financial value of energy efficiency in buildings.
Date and Time: Wednesday, May 14, 2014, 1:00 p.m. - 2:30 p.m. EST
Panelists: Elena Alschuler (DOE), John Brenan (The Appraisal Foundation), Rick Baumgardner (Appraisal Board)
Target Audience: Commercial and residential real estate owners/managers
The Appraisal Foundation is developing a document to describe the fundamentals of the Valuation of Green Buildings. This document highlights the core skill sets and data necessary for appraisers to value green homes and commercial buildings properly, and provides guidance on how to obtain them. The second draft of this document is available for public review and will also be presented on this webinar for real-time comments and feedback. Join them on Wednesday May 14, at 1:00 p.m. Eastern to:
- Learn about The Appraisal Foundation and its MOU with the Department of Energy
- Understand the purpose of the document, the key issues it addresses, and its value to the real estate community
- Review the Second Exposure Draft, 'Valuation of Green Buildings: Background and Core Competency'
- Find out Next Steps for The Appraisal Foundation in the valuation of green buildings
Date and Time: Wednesday, May 21, 2014, 1:00 p.m. - 2:30 p.m. EST
Panelists: Elena Alschuler (DOE), Patrick Finch (Waypoint Building Group)
Target Audience: Commercial building owners, managers, tenants, contractors, financiers
The Department of Energy conducted a review of existing market research on the impact of Energy Efficiency and Green Labels on building financial performance. The goal of the effort was to determine the extent to which empirical evidence currently available to the market demonstrates that efficiency contributes to overall building financial performance. The resulting briefing book reviews and summarizes over 50 relevant studies that examined a range of potential outcomes from efficiency, including operating expenses, rents, vacancy, sales prices and other drivers of Net Operating Income and Asset Value. This webinar will present the research review and discuss areas that have been identified for further research.