Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Hospitality assets are among the biggest energy users in the real estate market. But, that is changing. Carbon Lighthouse has a profitable climate change solution that turns energy efficiency into an increase in NOI. Hotel companies are leaning into the model, and in the past year, the company has seen a significant increase in demand for the program. JJ Steeley of Carbon Lighthouse talked about the adoption of the program at ALIS in Los Angeles this week.

“Adoption of our energy efficiency as a service approach is growing rapidly, in part due to emerging requirements from the capital market participants,” Steeley, EVP at Carbon Lighthouse, tells GlobeSt.com. “Our GP clients are increasingly competing during fundraising using sustainability impact as a lever. As a result of this and the general need to contain spiraling costs, Carbon Lighthouse is continuing to see strong growth.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

More from this author


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.