Using C-PACE to Drive Down Water Usage at Multifamily Properties

Multifamily property owners have grappled with a persistent set of challenges that have only intensified over the past two years. In addition to a slowdown in rental income and elevated interest rates, many have seen their operational expenses skyrocket to unprecedented levels.  

One simple way to control costs is by analyzing and tackling a property’s water usage. Water consumption makes up nearly half of the average multifamily owner’s utility bill, and while energy conservation has gotten a lot of attention in recent years, not nearly enough emphasis has been put on the importance of saving water. 

In this interview, Daniel Reed with SAS Sustainability Solutions and Olivia Lueckemeyer with Lone Star PACE discuss steps multifamily property owners can take to understanding, tackling and curbing on-site water usage. Reed also explains how Commercial Property Assessed Clean Energy financing can help owners meet their water conservation goals.  

For more information on how C-PACE financing can help owners of all real estate types improve sustainability, schedule a meeting with one of our experts today.