HOUSTON–(BUSINESS WIRE)–Refuel Electric Vehicle Solutions (REVS), a Houston-based firm offering full-service electric vehicle charging station consultation, installation and management for commercial real estate owners and developers, has officially entered the marketplace. Founded by commercial real estate veteran of 40 years, David Aaronson, and his co-founder and Head of Operations, Mike Aaronson, REVS is addressing a growing need within the commercial real estate and sustainability sectors.
“We are excited to immediately offer our clients the countless benefits associated with EV charging stations, including additional revenue generation and marketing opportunities and potential green or carbon credits.”
REVS goal is simple: to assist property owners, managers, and real estate developers in providing the infrastructure, equipment, and ongoing support needed to refuel electric vehicles in areas where vehicles remain idle for 3+ hours, such as multifamily developments, office buildings, hotels/motels and shopping centers. The REVS team is already helping several clients meet this goal and installing charging stations in multifamily and commercial properties across Texas and California in the coming weeks. Click to read more at www.businesswire.com.
High-quality automated shading slashes lighting energy use, while at the same time enhancing occupant comfort. Modern LED lighting with advanced controls also greatly cuts lighting energy use, and offers superior results. These are among key findings of research undertaken by the Portland, Ore.-based New Buildings Institute (NBI). The insights should provide commercial real estate owners and operators with keys into implementing lighting and shading retrofits in today’s commercial buildings.
In 2017, NBI spearheaded a major research undertaking underwritten by the California Energy Commission. Titled “Leading in LA,” the project addressed the crucial need to deliver cost-effective, scalable means of dramatically reducing energy use in existing commercial buildings throughout the Golden State. Lawrence Berkeley National Lab and well-known energy-efficiency companies took part in the four-year endeavor, which incorporated lab testing and field demonstrations at two sites.
Click to read more at www.forbes.com.
Once a silent topic, it has been encouraging to see the construction industry’s enhanced focus on mental health. We have become more open to discussing the challenges that are faced, adept at recognizing the signs of stress, and critically focused on reducing the suicide rate within the construction industry.
Construction has the 2nd highest rate of suicides among all occupations, four times higher than in the general population. Earlier this year, McCarthy launched our Genuine Care campaign to help partners better manage self-care and spot signs of distress in others.
But what about the intersection of DEI and Mental Health?
Often when diversity, equity, and inclusion work is discussed, there is a focus on legally protected characteristics like race and gender. However, the work touches more than visible layers of identity and is much more nuanced. Nestled within the risk factors for a mental health crisis are feelings of isolation, physical or emotional pain, and concerns around sharing an authentic representation of current struggles.
As DEI practitioners, we are acutely aware of the need for authenticity, candor, and connection. Done well, DEI work is an integrated practice—where multiple layers of the organization are skilled at driving inclusion. All leaders should proactively create and maintain employee connections, reduce incidences of emotional distress, and coach teams to fully embrace coworkers who may need to take time away for self-care or more involved medical care. Click to read more at www.dmagazine.com.
First Quarter 2021
Economic activity within Texas moderated during first quarter 2021 but remained on the path to recovery despite weather-related disruptions in February. Robust hiring in March resulted in solid first-quarter payroll growth, although joblessness in the Lone Star State was still higher than the national average. Moreover, inflation-adjusted headline wage numbers flattened compared with year-ago levels while initial unemployment claims surged unexpectedly. On the bright side, oil prices rebounded, contributing to increased export values. As Gov. Greg Abbott removed business restrictions amid downward-trending new COVID-19 cases, consumer confidence improved and supported an optimistic outlook on the service-providing sector. The relative health of the state’s economy and favorable business practices attracted migrants and firms from other parts of the country, bolstering population growth and housing demand. Containment of the pandemic is vital as additional waves of infection, although becoming less likely as vaccination rates increase, can weigh on consumer behavior and spending and slow the return to pre-pandemic conditions.
The Texas Nonresidential Construction Cycle (Coincident) Index, which measures current construction levels, ticked down due to declining construction put in place values. The statewide Nonresidential Construction Leading Index points toward further future declines in nonresidential construction activity, amid falling construction value starts. Click to read more at www.recenter.tamu.edu
After much of the national economy came to an abrupt halt at the beginning of the pandemic last year, Texan leaders were initiating plans to start reopening the state as early as May 2020. Then on March 2 of this year, Governor Greg Abbott signed a sweeping executive order that rolled back virtually all restrictions and superseded federal guidelines about business reopenings and best practices.
And while there was some ebb and flow to the ongoing challenges for retail throughout last summer and autumn, commercial real estate professionals in major Texas cities, including Austin, Dallas, and Houston, cite the state’s early reopening as one major reason why these retail markets have been able to bounce back rather quickly.
But there’s more to the story as each city has a different landscape and retail demands. Texas cities were affected just like others across the nation, but there’s now a perfect storm of pent-up consumer demand, investor interest, population growth and a general business-friendly sentiment that is brewing and lifting Texan retail to new heights. Click to read more at www.rednews.com.
NestEgg, a fintech software company that helps growth-minded mom and pop real estate investors reach their goals of financial independence faster with easy online property management, today announced the launch of their Freedom plan. With NestEgg’s Freedom plan, real estate investors are able to turn their long-term rentals into truly passive income with full-service management for only $29 per rental per month. This allows real estate investors to be completely hands-off much more profitably and saving on average 8-10% of their monthly rental income that typically goes to traditional property management.
The majority of mom-and-pop real estate investors today live within driving distance of their rental properties so that they can self-manage and avoid paying expensive property management fees. Now with Freedom, they can receive the benefits of professional property management at a fraction of the cost with a human rental manager that coordinates maintenance issues, collects rent payments, fills vacancies, handles all resident interactions, and more. Additionally, Freedom gives all real estate investors the opportunity to expand their portfolio with properties all over the state or country, coupled with financial benefits such as automatic rent payment on the first of the month (every month), and a six-month interest-free buy-now-pay-later option for property renovations.
Knowing that most real estate investors don’t have the time or confidence to do it themselves and someone will be there to take care of your property, regardless of where it is geographically, opens up a whole new world of opportunity. It makes a secondary form of income operate on autopilot without any real-time or energy being put in by the investor. Click to read more at www.galvnews.com.