NYInc Magazine runs first Green Issue

In it's most recent issue the NYInc Magazine covered the subject of "How Green Are We?"

As part of their in-depth reporting the magazine named 13 EcoPeople that are considered the brightest advocates for the Green Movement and Sustainability in the city.

Sean Neill (Managing Director at Transcend Equity and owner of Cycle-7) was named as one of the thirteen "Green leaders."

Part of Sean's interview:

As managing director at Transcend Equity Development Inc., Sean Neill has worked with large buildings for years and understands the difficulties landlords face in retrofitting properties. That’s why, last year, he started Cycle-7 to help landlords jump the legal and financial hurdles on their way to becoming green by developing financial strategies that will generate a return. In the same vein, Transcend invests in buildings to fund retrofits, with “no debt or liens associated—secured only by the savings,” says Neill. Transcend has funded about 30 retrofits so far, and will fund about 10 more this quarter. Neill hopes that by investing in buildings, the energy savings that are generated will be used to pay for the retrofit.

Read more about the other twelve EcoPeople named by the magazine.


Green Operations Summit May 6, 2010 (Dallas, Texas)

On May 6th the Vice President of Transcend Equity, Steve Gossett Jr., will be the keynote speaker at this all-day event in Dallas. The main purpose of this event is to educate building owners and operators on the new trends, programs and improvements when it comes to energy efficiencies in commercial real estate.

Mr. Gossett's keynote address will primarily cover the split incentive problem facing commercial real estate landlords.

The event is part of the North Texas Green Council.


Detailed report on energy efficiency financing by CalCEF Innovations

This report released back in February of 2010 is one of the better ones written in the last year or two. Bob Hinkle and David Kenny do a good job of covering everything from the basics to the major hurdles facing large commercial (and others) energy efficiency projects.

Obviously the biggest hurdle facing the commercial market is how do landlords pay for or finance large CapEx projects when the split incentive exist between the landlord and the tenants.

Bob worked with Steve Gossett Jr. on the section of the report that covers Transcend Equity's Managed Energy Services Agreement (or MESA).

The CalCEF report uncovers into good detail on six case studies.