Are local regulations impacting commercial real estate as much as national headlines? In this episode, we uncover the critical, often overlooked policies shaping the commercial and industrial real estate landscape across America. We explore building performance standards and key programs. Learn how these local laws are transforming property management, affecting operational costs, and influencing real estate investment strategies.

With election season in full swing, we also dive into how decisions made by state and local officials are reshaping environmental policies that directly impact real estate owners and businesses. From energy reduction targets to potential penalties, this episode is a must-listen for anyone with a stake in commercial real estate. Join us to learn why local votes could matter more than federal policies for your business’s future.

What You'll Learn In Today's Episode:

• Building performance standards and their business implications.
• Key examples of impactful local real estate regulations.
• How to navigate California’s WAIRE program.
• Potential fines and penalties for non-compliance in real estate.
• How local elections shape environmental policies in real estate.
• Impact of energy reduction goals on commercial building management.
• Strategies for mitigating costs through compliance initiatives.
• The role of local officials in driving sustainability for businesses.
• Why real estate owners should monitor local elections closely.
• Insights on planning for future regulatory changes and their impact.

Resources In Today's Episode:

• Gareth Evans: LinkedIn
• Dan Roberts: LinkedIn
• WAIRE
• VECKTA: News

You can view a video of the conversation on VECKTA's website here: https://tinyurl.com/yasumey7

What causes the largest global blackouts, and how can we prevent them in the future? In this episode, we explore some of the most significant power outages in history, such as India's 2012 blackout, which affected 620 million people, and Brazil's 1999 grid failure. We examine the underlying causes, from infrastructure challenges to unpredictable natural events.

Beyond the statistics, this episode also addresses the implications of these outages and what they teach us about energy resilience. Learn how to protect your business from future disruptions and ensure grid stability in a world increasingly reliant on consistent power.

What You'll Learn In Today's Episode:

• The largest global blackouts in history.
• Key reasons behind power grid failures.
• How weather events and lightning strikes impact power grids.
• Surprising animal-related causes of outages.
• The infrastructure issues that lead to power failures.
• Why some blackouts last days or even weeks.
• Cyber-attacks as an emerging threat to power grids.
• How balloons and fish have caused power outages.
• The fragility of old transformers and grids.
• Ways to improve power resilience and reliability.

Resources In Today's Episode:

• Gareth Evans: LinkedIn
• Dan Roberts: LinkedIn
• VECKTA: News

You can view a video of the conversation on VECKTA's website here: https://tinyurl.com/ybrp658a

Is sustainability the key to the future of real estate? Brendan McCarthy, Head of Real Estate Responsible Investment at Calvert Research and Management, explores how ESG (Environmental, Social, and Governance) practices are transforming the commercial real estate landscape. In this episode, Brendan shares his journey from traditional finance to sustainability-driven real estate, and how capital markets can be a catalyst for positive change. He delves into the financial impact of addressing climate risks and the importance of sustainable capital allocation.

You will learn about the economic and operational hurdles in implementing sustainable practices in real estate, from energy efficiency to managing climate risks. Brendan also addresses common misconceptions among real estate owners and emphasizes why tackling these challenges now leads to long-term benefits, including higher property values and reduced financing costs.

What You'll Learn In Today's Episode:

• How sustainability is reshaping the real estate sector.
• The financial benefits of addressing climate risks early.
• Challenges of implementing sustainable real estate practices.
• The importance of energy efficiency and decarbonization.
• Why green leases are gaining popularity.
• The impact of stranded assets and how to avoid them.
• The role of human capital in driving sustainability.
• Overcoming objections from real estate owners.
• ESG integration into capital markets.
• Financial materiality of climate risks in property valuation.

Resources In Today's Episode:

• Brendan McCarthy: LinkedIn
• Morgan Stanley
• Calvert
• Gareth Evans: LinkedIn
• Dan Roberts: LinkedIn
• VECKTA: News

You can view a video of the conversation on VECKTA's website here: https://tinyurl.com/424anat6