The Hilton Los Angeles/Universal City recently became the largest commercial use of Property Assessed Clean Energy (PACE) financing, using the energy efficiency loan program to fund $7 million in sustainable upgrades to the property. Hilton’s project will lead to an estimated annual energy savings of $800,000 and water savings of $28,000, conserving more than 2.8 million gallons of water.
Continue reading the CoStar article here.
June 06, 2025
In March 2025, the Federal Housing Finance Agency (FHFA) rescinded its 2022 directive that had imposed standardized radon testing requirements on all multifamily properties financed through Fannie Mae and Freddie Mac. The new radon policy was effective immediately; however, the agency guidance documents would be updated at a later date.
June 02, 2025
Matthew Marcus, Managing Director at Partner Engineering and Science Inc., was recently featured as a guest speaker by The Ground Investigation Podcast. He shares his extensive experience in geotechnical engineering, seismic resilience, and project management.
May 30, 2025
In today’s economic landscape, commercial real estate owners must use every tool available to protect the value of their facilities. One such tool that is often overlooked or mismanaged during a real estate acquisition is the existing roof warranty. Transferring an existing warranty ensures that your roof remains covered under manufacturer protections, preventing the risk of unexpected repair costs.
