Lead Performer: JDM Associates – Falls Church, VA
Partner: Lawrence Berkeley National Laboratory (LBNL) – Berkeley, CA
FY16 DOE Funding: $250,000
Project Term: Current – September 1, 2016
Funding Type: Direct Funded

PROJECT OBJECTIVE

JDM Associates and LBNL will build upon prior work for the Buidling Technologies Office’s (BTO) Data Lab and Valuation Training, and initiate new strategic activities to help BTO identify longer-term priorities. The new activities include a scoping study to identify best practices on incorporating energy efficiency measures into mortgages, and a research study using the data from a pilot organization to illustrate the benefits of energy efficiency on property value.

PROJECT IMPACT

In FY15, DOE engaged JDM to develop a training curriculum for commercial real estate appraisers that explains the value of energy efficiency and sustainability components, and promotes the recognition of this value during property valuation exercises and transactions. JDM has been coordinating with leading appraisers and appraisal organizations to create training material. During content development, JDM and DOE also identified an opportunity to increase market adoption of green valuation processes through a recognition program that highlights the efforts of property owners that provide energy and sustainability related information to appraisers and request the services of appraisers with green valuation experience. Additionally, DOE engaged JDM to develop a research plan that would distinguish the link between energy efficiency and financial performance of commercial real estate assets.

CONTACTS

DOE Technology Manager: Cody Taylor
Lead Performer: JDM Associates

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