Greenwashing

Don t be fooled by greenwashing of homes Consumers will often pay premiums for homes that are highly efficient in saving on bills: studies

The practice is called greenwashing and home shoppers need to be on guard: It means a house is being marketed as environmentally friendly and energy-saving when it doesn t really deserve that description.

Greenwashing is a growing issue in real estate as multiple studies demonstrate that consumers are attracted to and will often pay premiums for homes that are highly efficient in saving on utilities bills.

Just about everybody likes the concept of green, and builders and real estate agents increasingly use the term as a sales come-on. But experts say too often what s marketed as green isn t what it purports to be when you take a close look.

Sandra Adomatis, an appraiser in Punta Gorda, Florida, who is nationally known for her expertise in valuing green properties, says look in the MLS (multiple listing service) and you ll see lots of homes listed as having green features, but it may mean as little as somebody put in some LED light bulbs or a couple of Energy Star appliances in the kitchen.

In an interview, Adomatis described one listing she saw recently on a home built in 1959. It indicated that the house had a Home Energy Rating System (HERS) score of zero signifying net zero energy use. (The HERS index measures a home s energy efficiency and requires testing of the home s performance by a certified HERS rater. The lower the score the better.)

Adomatis knew it was unlikely that an older home would come anywhere close to such an impressive rating, so she asked the listing agent why she was marketing the house with a zero HERS score. Her response: I don t know what HERS is or how they score, so I just put in zero. Wow.

Allison A. Bailes III, founder and president of Energy Vanguard LLC, a home energy rating and consulting company based in Decatur, Georgia, says absolutely, [greenwashing] happens all the time. A lot of [builders] are doing things that are just standard but they re marketing them as green. He says he saw one company aggressively advertising its allegedly green homes, but most of the details didn t amount to much. It was hype: Insulation R-values that met, but did not exceed, minimum local building code requirements; code-minimum HVAC systems; digital thermostats, which are commonplace; Energy Star appliances and a long list of othe上海贵族宝贝论坛 上海贵族宝贝r unremarkable features. As to Energy Star appliances, Bailes noted in a blog, if you ve done any shopping lately, you may have noticed that it s hard to find one that s NOT Energy Star certified.

Kari Klaus, CEO and founder of Viva Green Homes in Arlington, Virginia, a new national listing portal exclusively for eco-friendly homes, says greenwashing is a growing problem clearly there s a desire to jump on the train and use buzzwords like green, sustainable and high efficiency, too often with little to back up the claims. Her website (www.vivagreenhomes.com) carries[……]

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Empire State Realty Trust

Qatar上海千花网交友 上海千花网论坛’s Empire State Building investment is ra上海同城对对碰交友社区 上海夜网论坛re move for foreign fund Sovereign wealth fund bought 9.9-percent stake in REIT for $622M

From left: the Empire State Building and Abdullah bin Mohammed Al Thani

The Qatar Investment Authority’s acquisition of a 9.9-percent stake in Empire State Realty Trust, announced Wednesday, is an unusual move for a sovereign wealth fund. But it offers several advantages, analysts say.

“It is relatively rare to see [sovereign wealth funds] buy a stock position,” said John Guinee, an analyst at Stifel. Far more often, they buy direct stakes in buildings.

When Norway’s sovereign wealth fund Norges Bank Investment Management invest爱上海同城手机版 新爱上海同城对对碰论坛ed with publicly traded Boston Properties last year, for example, it didn’t buy its stocks. Instead, it bought a 45-percent joint venture interest in the Citigroup Center at 601 Lexington Avenue for $725 million. In 2013, it had bought a 45-percent stake in Boston Properties’ 7 Times Square for $684 million.

Buying direct stakes in buildings, as opposed to REIT shares, has the advantage of not being subject to stock-market fluctuations and more stable in the short run. So why would QIA choose to buy ESRT s stocks?

One possible answer is diversification. QIA’s $622 million investment earned it a small stake in 14 office and six retail properties in the New York area, including the Empire State Building. “You’re not going to be able to get that much diversity buying direct stakes in office buildings with that amount,” said Alexander Goldfarb, an analyst at Sandler O’Neill.

QIA may also simply be bullish on ESRT s stock. The REIT has been a darling among investors for some time. While fellow New York-centric office REITs Vornado Realty Trust and SL Green Realty trade at discounts to the net asset values of their underlying real estate holdings (implying investors may be less bullish on their future value), ESRT s 阿拉爱上海同城 爱上海龙凤419桑拿shares sold at a 2-percent premium over net asset values, according to Guinee.

“Most people look at Empire State Realty Trust and say they have better internal growth than any other office REIT,” Guinee said. In other words: the REIT has the potential to increase rental income by continuing to renovate its existing properties. This is especially attractive in the current stage of the market cycle, where property prices are high and profitable acquisitions tough to come by.

By buying newly issued shares through a deal with ESRT at a fixed price of $21,上海千花网 爱上海同城对对碰 rather than simply buying them on the stock market, QIA likely got them at a slight discount, Guinee added. Even after what effectively amounted to a dilution, ESRT’s share price rose following the announcement – to $20.74 by market close Thursday from $20.52 Wednesday.

QIA isn’t the first sovereign wealth fund to buy a major stake in a U.S. REIT. In June, for example, Norges bought a stake in Kilroy Realty.

For QIA, the investment marks another increase in its New York real estate footprint. Over the pa[……]

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The Real Deal New Jersey

The New Jersey Market Report is live! Inside: Mack-Cali’s new course, Newark’s turning point + more

The Real Deal s New Jersey Market Report

The pace of life rarely slows in New Jersey, where an increasingly crowded market means that both commercial and residential players are always looking for a competitive edge.

As one of the top developers in the state, Mack-Cali often serves as a bellwether for what’s coming next. So when the firm announce爱上海同城手机版 新爱上海同城对对碰论坛d a leadership switch-up this spring, The Real Deal took stock of what the company has accomplished under the tenure of former CEO and now Vice Chairman Mitch Rudin.

Amping up its Gold Coast presenc新爱上海同城对对碰论坛 上海同城对对碰交友社区e while selling off many suburban office holdings over the 上海贵族宝贝 上海千花网龙凤论坛last few years has paid off handsomely for Mack-Cali. But inland office parks are not dead, as is evidenced by our look at the office leasing market, which revealed that some businesses — either priced out of the coast or looking for a larger land grab — are embracing suburban sprawl.

When it comes to residential development, our ranking of the top players shows that entrenched local firms — including Mack-Cali — and national players are competing for increasingly hard-to-get private and public funds to continue building on the waterfront.

And our ranking of the top brokerages in Bergen, Essex, Hudson, Morris and Passaic counties) finds that high demand and a decided scarcity of sing阿拉爱上海同城 爱上海龙凤419桑拿le-family homes have brokerages using all manner of tech tools to land big sales. The tight inventory situation also continues to fuel the teardown trend.

As the coastal city that could, Newark has been touted for years as being on the rise, but we investigated whether or not it has truly arrived. The short answer: A Whole Foods certainly helps. And while Brick City was on our minds, we profiled U.S. Sen. Cory Booker’s accomplishments in the real estate realm — and heard all about his parents’ first date.

But what’s a commuter city without the commuters? It’s been a tumultuous spring for straphangers, and with Amtrak’s major maintenance of 上海千花社区 上海千花网交友tracks in Penn Station planned for this summer, we checked in on how some of New Jersey’s infrastructure projects are coming along and how they’ll impact the real estate market.

Following the fracas over Nicole Kushner Meyer’s pitch for investment in Jersey City’s One Journal Square to potential EB-5 investors in China, we also examined which foreign investors are putting their money into the Garden State.

There’s plenty more in our annual New Jersey Market Report, including a look at whether the hotel market can sustain its higher room rates, and a retail check-in in light of rampant store closures. We also dropped in — just in time for summer — for a by-the-numbers look at what’s happening on the Jersey Shore.

Enjoy the issue!

Tags: New Jersey
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Howard Lutnick Cantor Fitzgerald

Cantor Fitzgerald CEO Howard Lutnick

Howard Lutnick was thrust onto the national stage when the Sept. 11 attacks killed 658 of his employees, including his brother. The Cantor Fitzgerald CEO became one of the most recognizable faces of 9/11, and rebuilt the financial services firm against all odds. Lutnick took a public beating for cutting off pay to his employees’ relatives after the attacks, but by 2006, the firm had donated $180 million to them. On Lutnick’s watch, Cantor Fitzgerald made a massive move into real estate in 2009, when it launched Cantor Commercial Real Estate, a finance division that originated $10 billion in loans last year. In 2011, Cantor Fitzgerald affiliate BGC Partners purchased commercial real estate brokerage Newmark Knight Frank, as well as assets from Grubb Ellis, both for undisclosed sums, to form Newmark Grubb Knight Frank.

Name: Howard William Lutnick
Born: July 14, 1961
Hometown: Jericho, New York
Marital status: Married
Children: Four

You lost both parents to cancer at a young age. What was life like before and after?

My dad was a professor of history at Queens College, and my mom was teaching art at C.W. Post [now Long Island University]. It was sort of a classic academic, suburban youth. And then things changed. My mom was diagnosed with breast cancer and later lymphoma. She died at 42. When [doctors] gave her six months to live, she said, 爱上海 爱上海同城手机版“What are we doing standing here?” She lived like a comet. She would go to India and then come back and s上海千花网论坛 上海千花网tart yelling that I hadn’t done my homework. My dad died about 18 months after my mom. He takes me to college [at Haverford in Pennsylvania], and then go爱上海 爱上海同城手机版es to get his first chemo. The nurse makes a mistake and gives him 100 times the dose and kills him. From there on, the world’s just different.

You were 18. What about the rest of your family?

It’s me, my brother [who was 15] and my older sister. My extended relatives pull out. They’re afraid they’ll invite us over and we won’t leave. At my dad’s funeral, my dad’s brother asked me what I was doing for Thanksgiving. I said, “Aren’t you worried about how I’m going to eat tonight?” I never spoke to him again.

How did that experience shape you?

It made me resourceful, taught me not to rely on others. We had to take care of my brother. There was a period of time when I was going to drop out of college. [But] Haverford said [they’d] provide my education for free.

What was your first job?

I was an Eastern-ranked tennis player [in college]. Between my freshman and sophomore years, I taught tennis in California. I still play twice a week.

How’d you land at Cantor Fitzgerald?

Junior year, I worked on Wall Street, at Noonan Astley Pearce. They bought a company, Telerate, from Bernie Cantor. When it came time to graduate, Bernie Cantor offered me a full-time job.

Why are you interested in real estate?

The biggest markets in the world are bonds, then stocks, then real estate. Interest rates are just irrationally low, so the bond[……]

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Warren Buffett

Warren Buffett s Berk阿拉爱上海同城 爱上海龙凤419桑拿shire Hathaway plans bi爱上海同城对对碰 爱上海同城论坛g international expansion Company has teamed up with London and Berlin-based brokerages, eyes Paris, Madrid, Hong Kong and others

Warren Buffett, Samuel Bikhit , and Dubai (Credit: Getty Images, Kay Co, and Wikipedia)

Warren Buffett s Berkshire Hathaway HomeServices has teamed up with a London-based firm to expand his residential brokerage to Milan, Dubai and Vienna.

Berkshire is partnering with Kay Co. — now called Berkshire Hathaway HomeServices Kay Co. — to open as many as 10 new offices in the next decade, Bloomberg reported. Kay is Berkshire s second franchisee in Europe. In March, the company added Berlin-based Rubina爱上海同城对对碰 爱上海同城论坛 Real Estate.

The company is also in talks with prospective partners in Paris and Madrid and is mulling expanding into Hong Kong, Mexico City and Tokyo.

“We’ve got a number of markets already teed up,” Gino Blefari, CFO of HSF Affiliates, which includes Berkshire Hathaway HomeServices. “Eventually we’ll be in all the major metropolitan markets.”

Representatives for Berkshire Hathaway HomeServices said Brexit s impact on the housing market in the U.K. didn t deter it from partnering with a London-based company, which focuses on posh neighborhoods like Mayfair and Hyde Park.

Homeservices of America was the second largest brokerage in the U.S. in 2017, having sold $125.4 billion worth of real e上海夜网 阿爱上海同城state. It s been on an acquisition tear, scooping up Long Foster Cos. and Houlihan Lawrence in the last two years. [Bloomberg] — Kathryn Brenzel

Tags: berkshire hathaway, Residential Real Estate, Warren Buffett
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Corpse of beautiful girl battle! Day wind lives adventure ” existent path ” Steam is worn on 19 years January

Those who come from AjiGohanGames of independent game factory is newest live adventure ” living path (Survival Method) ” announced recently will wear Steam open go ahead of the rest to check on 19 years January 25, this making is one gives priority to corpse of horny big fight to seek living play with bud girl, interested player can pay close attention to below. · ” existent path ” the part that is an adventure type is acted model game, what this made background basically tells about is Japanese some town produced bloodcurdling corpse mad tide, and the center of Nai of girl article month that lives on that town is stranded to be here because of corpse, be in very critical condition, go down to can live, leading role must collect resource to make a weapon, build oneself shelter at the same time, the game content of rich sex won’t make everybody disappointed absolutely, the friends that have fun at so do not be missed!
·Play be used to the player that style of coarse man last phase of an age plays corpse type game can expect to issue this picture wind the bud girl edition of summary harmony swam newly. · ” existent path ” demonstrate:[……]

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The player spends a year of time to make ” my world ” landform is truer and natural!

The player MC_Pitman on Reddit forum spent a year of time, transformed ” my world ” whole landform, on any account rises and fall more natural and true. New landform looks more resembling is the landscape that generates naturally, include all sorts of different landform area among them, for instance area of high mountain climate, this is all area in the most careful the most complete. This player expresses, he wants to let ” my world ” landform looks more natural and true. Most begin to just play, request to fall in other player later, he transformed wholer world, first version will be in future is released inside a few months. [……]

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This ability is really fearsome and glorious PSVR horror swims newly ” tumbler gentleman falls ” 1.25 days of put on sale

On game history today: ” heart of electric saw candy ” in North America put on sale

Swim history since galactic justice emissary

2019 Chinese game grand ceremony — the social responsibility construction of game business

Incident cheap quite

On game history today: ” SD hits tornado quickly ” in Japanese put on sale

Swim history since galactic justice emissary

FPS a new force suddenly rises! DX12 is added hold below ” infinite law ” strong kill piece

Why cheap quite[……]

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False really? Intermediary editor explodes outside makings ” diabolical fetch ” in weighing plate making to make

Well-known, ” diabolical fetch ” be fetch series game lay a foundation to be made classically. And ” dark soul: Refashion edition ” after rolling out, a lot of player hope From Software also can below refashion ” diabolical fetch ” . When Gameinformer of the intermediary outside this year January interviews Gongqiyinggao of From Software president, spoke of refashion ” diabolical fetch ” possibility. Gongqiyinggao expresses at that time ” diabolical fetch ” possible meeting refashion, do not pass so that see Suo Ni whether allow, because they have ” diabolical fetch ” IP copyright. Explode again on the net now went out about ” diabolical fetch ” the message of refashion edition. The netizen enquires on Resetera forum ” diabolical fetch ” whether can be refashion edition rolled out, kotaku edited Jason Schreier to give affirmative answer, affirmed ” diabolical fetch ” the existence of refashion edition. The Jason Schreier before this ever exploded a many makings, accuracy is very tall. And he is having reliable news source in game industry, so this affirms weight is sheer! In addition still what let Jason Schreier explode makings is more authentic, that is ” diabolical fetch ” was 2009 of put on sale, and this year is game put on sale 10 years, do From Software or meeting borrow this chance to roll out ” diabolical fetch ” refashion edition? [……]

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” invisible the person that guard ” Steam appears a large number of difference judge old player dissatisfaction to compare WeGame edition in the evening line

” invisible the person that guard ” replaced last regulation now (the 10th chapter) gut, but be this is updated let this making greet difference to judge bomb on Steam. Main reason is in at Steam player special dissatisfaction the newer rate of the 10th chapter is later than WeGame edition. The player expresses is Steam player lets this game fire, but development business chose platform of preexistence Tecent WeGame to replace last regulation however, cannot accept so treat Steam old player. Amuse oneself the user MiRrors of 8.2 hours says: “Adjoining additional painted eggshell did not talk, did not concern with gut after all, many little one is indifferent to. But how must the gut of Wegame also compare Steam evening a few hours are updated again! How be updated more quickly than Steam next door the feeling? Game of in all fairness is good game, but platform discrimination is a bit disgusting. ” to Steam platform in the evening the problem of the line, the government says in the explanation in FAQ ” Steam server is located in abroad, a few problems were encountered in uploading file process, brought about Steam platform to appear the circumstance of lag ” . But to this reason, domestic player not show respect for. Amuse oneself total duration exceeds the user Leefly of 10 hours to write: “I know your independence atelier is not easy, cent second finishing irrespective I wait, when forbidding, also have nothing to do with, I also am indifferent to Tecent Wegame exclusive painted eggshell, former after all gut is very good enough. But Wegame had gone up line while why old player cannot play newest content however, is this too beyond the mark? I do not want to listen to overseas of what Steam server, rate is slow, did you just begin to did not think of? so do not care about old player experience? Draw near went up the ham of Tecent, lick addiction? PS: Game is a good game, but I am to had been not enraged really, this is I publish game evaluation for the first time, true drop is angry, disappointed. Disappointed.. [……]

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