Latest news with #commercialrealestate
Associated Press
14 hours ago
- Business
- Associated Press
Solar Landscape Named No. 1 National Rooftop Commercial Solar Developer by Solar Power World
ASBURY PARK, N.J.--(BUSINESS WIRE)--Jul 23, 2025-- Commercial real estate owners are increasingly turning to solar to increase net operating income and unlock new value from underutilized rooftop space. In today's crowded solar marketplace, choosing the right partner is critical. Solar Power World has named Solar Landscape the No. 1 National Rooftop Commercial Solar Developer on its 2025 Top Solar Contractors List. This award validates what commercial real estate leaders already know: Solar Landscape delivers proven results at scale. 'This recognition isn't just about square footage or megawatts. It's about trust, execution, and long-term partnerships,' said Shaun Keegan, Co-Founder and CEO of Solar Landscape. 'We lease rooftop space from commercial property owners, make the investment in solar ourselves, and manage every aspect of the project. Our partners get guaranteed revenue with zero capex, and we handle the rest.' Founded in 2012, Solar Landscape pioneered the commercial rooftop solar model, evolving from a construction company into the nation's largest developer, builder, owner, and operator of rooftop solar. Today, the company partners with more than 100 commercial real estate landlords, serving as a reliable, relationship-driven partner that takes care of both the roof and the long-term value it generates. As the solar industry adapts to regulatory shifts and federal incentive uncertainty, Solar Landscape's national leadership offers commercial real estate owners a clear model for success: partnering with a proven rooftop solar developer to generate new, reliable revenue—without upfront investment. Founded by construction professionals, Solar Landscape is a vertically integrated company that develops, builds, owns, and operates solar projects nationwide. The company was named the #1 National Commercial Rooftop Solar Developer by Solar Power World in 2025, recognized as the #1 Distributed Generation Developer by New Project Media, and awarded the U.S. Department of Energy's Grand Prize for clean energy. Headquartered in Asbury Park, New Jersey, Solar Landscape has offices in New York City, Chicago, Boston, and Baltimore, and operates in over a dozen states nationwide. View source version on Natalie Passerini, Solar Landscape, [email protected] KEYWORD: UNITED STATES NORTH AMERICA NEW JERSEY INDUSTRY KEYWORD: COMMERCIAL BUILDING & REAL ESTATE UTILITIES CONSTRUCTION & PROPERTY ENVIRONMENT ALTERNATIVE ENERGY ENERGY BUILDING SYSTEMS GREEN TECHNOLOGY SOURCE: Solar Landscape Copyright Business Wire 2025. PUB: 07/23/2025 02:36 PM/DISC: 07/23/2025 02:36 PM
Fast Company
19 hours ago
- Business
- Fast Company
In a world of uncertainty, agility is king—and tech is the key
Disruption has gone from an exception to a baseline. Between inflation, labor shortages, global instability, and economic volatility, real estate operators are under pressure to do more with less. In this environment, agility matters—operators who adapt quickly and intelligently will win. And in nearly every case, technology is the lever that makes that agility possible. Having steered teams through three once-in-a-generation-style disruption events, I've learned what separates the resilient from the reactive. Read on to see five tech-driven strategies that can help real estate operators stay lean, responsive, and competitive—no matter what the market throws at them. 1. THINK OF TECH AS A TEAM MEMBER, NOT A REPLACEMENT Subscribe to the Daily newsletter. Fast Company's trending stories delivered to you every day Privacy Policy | Fast Company Newsletters There's a tendency to think of technology as something that replaces people. The best technologies augment human teams, helping them focus on higher-value work and make better decisions, faster. Many real estate firms are avoiding layoffs, opting instead to delay filling vacant positions or redistribute workloads. From May 2022 to 2023, entry-level commercial real estate job listings saw a 35% drop, indicating both economic prudence and a growing trend toward utilizing technology in order to bolster strained teams and preserve output levels. Whether it's AI that prioritizes which maintenance requests to address first or intelligent tools that help you understand micro-level trends in individual markets, tech is making it easier to do more with leaner teams. It's not about replacement; it's about reallocation. You must major on the majors, and tech helps you identify what those majors are. 2. BET ON FLEXIBILITY, NOT JUST COST SAVINGS In periods of uncertainty, budget flexibility is just as important as cost control. That's one area where technology often wins. Most SaaS solutions operate on month-to-month or low-commitment contracts, giving companies the ability to scale usage based on performance or business needs. That kind of adaptability is harder to achieve with traditional hiring, which involves long-term investments in onboarding, training and infrastructure. Yes, software still costs money. A Fortune 500 company typically spends around $13 million a year on real estate tech. But there's hidden waste too, with research indicating that up to 20% of a CRE tech stack budget goes to unused or duplicative tools. The takeaway? Treat your tech stack like any other high-value investment: review it regularly, refine as you go and ensure each tool is pulling its weight. 3. RECOGNIZE THAT THE NEXT DOWNTURN WILL BE A DIFFERENT KIND OF DOWNTURN By the time you read this, the next downturn may already be here – or looming. Market cycles are inevitable, and when the next one hits, it's not about chasing every new tool. It's about reassessing what's possible and remembering that the best time to invest in tech to support your team is before you urgently need it. For the first time, AI isn't just a buzzword – it's a practical tool helping lean teams shift focus from repetitive tasks to strategic ones. Unlike in 2008 or even 2020, we're now facing a market disruption where AI is part of the solution set. Back then, proptech could help streamline workflows, but it didn't meaningfully augment decision-making. That's changed. Today, generative AI tools can intelligently process work orders, analyze history to estimate costs, predict churn and summarize tenant feedback – quickly and accurately. It's no surprise that AI in the proptech market is growing at nearly 23% annually. advertisement As adoption accelerates, forward-thinking owners and operators are already testing and optimizing these tools. In an uncertain market, that kind of agility is a competitive advantage. 4. USE PLATFORMS TO SOLVE LABOR PROBLEMS, NOT JUST AUTOMATE TASKS Tech isn't just about data – it can also address real-world labor shortages, particularly in maintenance operations. Before the pandemic, the common industry rule was one technician per 100 apartment units. Since then, those roles have become harder to fill and retain. In response, operators are shifting to centralized maintenance models, often using software to handle intake, triage and dispatch based on skillset and proximity. During my time at Generac, we built a product called MobileLink that remotely monitored generator performance. That simple connectivity shift allowed us to help our dealers shift from expensive, reactive maintenance (that did not always allow us to make sure a customer was protected) to proactive interventions, improving uptime while reducing truck rolls. That same principle applies in real estate: resolving maintenance issues quickly – whether by guiding a resident to reset a breaker or dispatching a tech before a HVAC unit fails – saves money, reduces frustration and boosts retention. 5. MONETIZE THE DATA YOU ALREADY HAVE You don't need to buy a new sensor or tool to get more value from your operations. In many cases, the data you need is already being collected – it just hasn't been put to work. While at PointCentral, we had millions of thermostats live in rental properties, but we didn't have field service data to match it against. At Lessen today, we can pair those same indicators with real-time technician inputs to predict failures and optimize dispatch. The opportunity is there across the industry. Whether it's maintenance logs, vendor performance, or IoT data, most operators are sitting on a gold mine of insight. The next step is finding tools that help you activate it, or assigning someone on your team to start connecting the dots. LOOKING AHEAD A lead economist at CBRE recently pointed out that 'most returns over the last decade were made through cap rate compression.' But that tailwind is gone. For the foreseeable future, being a strong operator matters. That means getting crystal clear on where your team creates value, and where you don't. The smartest companies are doubling down on core competencies and using tech (or tech-enabled partners) to handle everything else. Agility is no longer a buzzword; it's a business imperative. And in this market, technology is one of the few levers that offers both resilience and upside.
Bloomberg
a day ago
- Business
- Bloomberg
Why Building Owners Don't Want the EPA to Ditch Energy Star
Energy Star — best known for its bright blue-and-white logo — saves homeowners billions of dollars every year in energy costs. But it includes another key feature widely used by commercial real estate to gauge energy use from buildings, a main source of greenhouse gas emissions in cities. Property owners and advocates are fretting over its possible demise under the Trump administration.
Yahoo
a day ago
- Business
- Yahoo
Blackstone's $583M Paris Power Play Could Reignite Europe's Office Market Boom
Blackstone (NYSE:BX) is going big. The firm is lining up a 500 million ($583 million) loanthe largest of its kind since rates spiked in 2022to back its 705 million purchase of the Trocadero office complex in central Paris. It's a bold test of whether Europe's commercial real estate market is truly back in business. The loan, arranged by CBRE, would mark a turning point for a sector that had largely been frozen out of big-ticket transactions after interest rates shattered valuations and remote work cast a long shadow over office demand. Warning! GuruFocus has detected 4 Warning Signs with BX. But things may be shifting. Prime office rents in the Greater Paris region have jumped 14% in the past year to 1,170 per square meter. Leasing activity is also heating up in Frankfurt, where office take-up reached a record 366,000 square meters in the first half of 2025, according to BNP Paribas Real Estate. With supply tight and demand for top-tier space holding firm, institutional buyers are stepping back in. Blackstone beat out stiff competition for the Trocadero asset, and now others are following suit. Invesco is prepping a 1 billion sale of Capital 8 in Paris, while GIC and JPMorgan's asset arm are marketing Frankfurt's Opernturm for 900 million. This could be the start of something bigger. For nearly two years, the market has been stuck in a stalemate: sellers anchored to pre-rate-hike pricing, buyers waiting for capitulation. But now? Lenders are engaging again. Trophy buildings are trading hands. And with investors betting on long-term rent growth in gateway cities, deals like this one could be the spark that re-ignites Europe's commercial real estate engine. This article first appeared on GuruFocus. Sign in to access your portfolio
Globe and Mail
a day ago
- Business
- Globe and Mail
Timbercreek Financial Declares July 2025 Dividend
TORONTO, July 22, 2025 (GLOBE NEWSWIRE) -- Timbercreek Financial (TSX: TF) (the 'Company') is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share ('Common Share') of the Company to be paid on August 15, 2025 to holders of Common Shares of record on July 31, 2025. The Company also offers a Dividend Reinvestment Plan (the 'Plan'), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees. Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the average market price (the 'Average Market Price') for the five trading day period ending on the third business day immediately prior to the dividend payment date (the 'Trading Period'). Common Shares acquired under the Plan will be automatically enrolled in the Plan. Shareholders who hold their Common Shares through a broker, financial institution or other nominee must enroll for distribution reinvestment through their nominee holder. The full text of the Plan can be obtained on the Company's website at About Timbercreek Financial Timbercreek Financial is a leading non-bank, commercial real estate lender providing shorter-duration, structured financing solutions to commercial real estate investors. Our sophisticated, service-oriented approach allows us to meet the needs of borrowers, including faster execution and more flexible terms that are not typically provided by Canadian financial institutions. By employing thorough underwriting, active management and strong governance, we are able to meet these needs while targeting strong risk-adjusted returns for investors.
