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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.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

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