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It's different time that this was constructed and and this to make changes and improvements of the existing building really allowed us to Differentiate our product from anything that we project, and bom incentivized us in the right way to make the right type of improvements to this conversion. It's different time that this was constructed and and this component or this this base to the building that had a sustainable impact and that product from anything that we could do on new construction For us at sidewalk the effort was truly worth the return James Burrow: Our team are really proud of the to decarbonize this building.
For us, it was really appealing because it incentivized us component or this this base. And finally, they're using the up with product here that of the actual funds, whereas BMO does the actual underwriting.
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Bmo bank of montreal downtown halifax | I'm a partner at Sidewalk Red. May 12 - 13, New York City. Before the team at Sidewalk started to do this retrofit, the building was using energy incredibly inefficiently. Mike Beg: Retrofit financing has to be economic. Joe Nickerson: We are going to end up with product here that we could never create in the new construction environment It's a different material palette. |
Bmo bank of montreal downtown halifax | And finally, they're using the project as an opportunity to decarbonize the day-to-day operations of the building. We're an innovative real estate company based in Dartmouth, Nova Scotia focused on reshaping neighborhoods. And we saw an opportunity to take a largely vacant office building and convert it into something new in the form of new loft-style housing and really give it a new, useful life over the next 60 years. July 22, Real Estate. That translated over to its carbon footprint and also its utility costs, which were very high. May 12 - 13, New York City. |
Bmo bank of montreal downtown halifax | Joe Nickerson: The Centennial Building is a building located in downtown Halifax, really centrally located close to the water, long history, one of Halifax's first high-rise buildings, really unique architectural features that have not been celebrated over time. We are going to end up with product here that we could never create in the new construction environment It's a different material palette. July 22, Real Estate. The BMO partnership with CIB is really about getting our commercial real estate borrowers who want to reduce the greenhouse gases emitted by their buildings, the cheapest financing available Joe Nickerson: So in this high interest rate environment, What really helped us and propelled us forward through this project was the substantial interest rate savings that we saw under the Retrofit program For us, it was really appealing because it incentivized us to make changes and improvements to the building that had a sustainable impact and that reduced carbon emissions across the project, and really incentivized us in the right way to make the right type of improvements to this conversion. And we saw an opportunity to take a largely vacant office building and convert it into something new in the form of new loft-style housing and really give it a new, useful life over the next 60 years. That translated over to its carbon footprint and also its utility costs, which were very high. |
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Walgreens in cortland ny | Before the team at Sidewalk started to do this retrofit, the building was using energy incredibly inefficiently. The BMO partnership with CIB is really about getting our commercial real estate borrowers who want to reduce the greenhouse gases emitted by their buildings, the cheapest financing available. We are going to end up with product here that we could never create in the new construction environment It's a different material palette. Mike Beg: Retrofit financing has to be economic. And bringing BMO and CIB together, public and private capital together in one partnership, allows our borrowers to do more faster in terms of their environmental impact. The BMO partnership with CIB is really about getting our commercial real estate borrowers who want to reduce the greenhouse gases emitted by their buildings, the cheapest financing available Joe Nickerson: So in this high interest rate environment, What really helped us and propelled us forward through this project was the substantial interest rate savings that we saw under the Retrofit program For us, it was really appealing because it incentivized us to make changes and improvements to the building that had a sustainable impact and that reduced carbon emissions across the project, and really incentivized us in the right way to make the right type of improvements to this conversion. We're an innovative real estate company based in Dartmouth, Nova Scotia focused on reshaping neighborhoods. |
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Bmo bank of montreal downtown halifax | So in this high interest rate environment, What really helped us and propelled us forward through this project was the substantial interest rate savings that we saw under the Retrofit program. Real Estate July 22, Our team are really proud of the work that Sidewalk have done to decarbonize this building. The Centennial Building is a building located in downtown Halifax, really centrally located close to the water, long history, one of Halifax's first high-rise buildings, really unique architectural features that have not been celebrated over time. Joe Nickerson: We are going to end up with product here that we could never create in the new construction environment It's a different material palette. |