18B — October 28 - November 10, 2016 — Owners, Developers & Managers — M id A tlantic Real Estate Journal
www.marejournal.com
O wners , D evelopers & M anagers
Gramian to lead NE business dev. at WSP | Parsons Brinckerhoff
amilton, NJ — Jesilyn Ippolito has been named a consul- Babiak named account mgr. in the Construction Group New Day Underwriting Mgrs. names Ippolito consultant H president. “We pride ourselves on helping clients to under- stand risk and the strategic
ent services, as well as project management and structural engineering. As a project man- ager and structural engineer, she has focused on transporta- tion and infrastructure proj- ects throughout Pennsylvania. Prior to joining WSP | Parsons Brinckerhoff, she was a senior vice president with responsi- bility for Pennsylvania opera- tions at a global architecture, civil engineering and construc- tion management firm. Gramian earned master’s and bachelor’s degrees in civil engineering from the Univer- sity of Michigan. She serves on the boards of the Philadel- phia Regional Port Author- ity, the American Council of Engineering Companies of Pennsylvania, and the Greater Valley Forge Transportation Management Association. n of Levin’s best-in-class service standards at each of its man- aged commercial properties, and establish and maintain positive retailer/landlord relationships. “Levin Management is well known throughout the real estate industry for its unparal- leled quality of services and pro- fessionalism,” said Bankston. “I am thrilled for the opportunity to join Levin at a time of such positive company momentum, and look forward to contribut- ing to the firm’s continued prog - ress while driving additional value to our clients and their properties.” Prior to joining Levin, Bankston held key manage- ment positions at Simon Property Group and General Growth Properties. n
PHILADELPHIA, PA — Yassmin Gramian has been named Northeast business development director for the transpor- tation and infrastruc- ture sec- tor at WSP | Parsons Brincker- hoff , a global engineering and professional services or- ganization. In her new position, Grami- an, who will be based in Phila- delphia, will be responsible for the growth of WSP | Parsons Brinckerhoff’s business in the firm’s Northeast region. Gramian has over 30 years of experience in operations, business development and cli- Yassmin Gramian
Marketing from William Pat- erson University and the des- ignation of Construction Risk Insurance Specialist Linda Babiak has been named an account manager within the Construction Group at New Day Underwriting Managers LLC. She is respon- sible for providing detailed risk management and insurance information to New Day’s agents, brokers and customers nationwide. “Linda’s professional back- ground and intense desire to support clients are assets that we value highly at New Day,” said Slivka. “Her in-depth property line experience offers another layer of industry un- derstanding that furthers our ability to responsively meet customer needs with the high- est level of professionalism, insight and sound strategic guidance.” n salesperson at the time the alleged cause of action arose. It is irrelevant who (whether an owner or a tenant) pro- vides the compensation to a person performing any of the services listed above: Per (N.J.S.A. 45:15-17) m. Accept - ing a commission or valuable consideration as a real estate broker-salesperson, salesper- son or referral agent for the performance of any of the acts specified in this act, from any person, except his employing broker, who must be a licensed broker; or r. Charging or ac- cepting any fee, commission or compensation in exchange for providing information on purportedly available rental housing, including lists of such units supplied verbally or in written form, before a lease has been executed or, where no lease is drawn, before the ten- ant has taken possession of the premises without complying with all applicable rules pro- mulgated by the commission regulating these practices. This article was prepared by Mahlon Fast, J.S.C. Ret. currently counsel with Ehrlich, Petriello, Gudin & Plaza, P.C. headquartered in Newark, New Jersey. It is not, nor is it intended to be, legal advice. You should consult an at- torney or other qualified professional to discuss your particular matter. Judge Fast can be reached at (973) 8546713 or by e-mail at Mfast@epgp-law.com. n
pathways for i n s u r i n g against ca- tastrophe and unforeseen challenges. She has more than a decade of experience and certainly
tant within the Construc- tion Group of New Day Underwrit- ing Manag- ers LLC, a specialty in- termediary of environmen-
Energy Management Systems, Inc.
Jesilyn Ippolito Linda Babiak
the skillset for assisting cus- tomers identify the best solu- tions available in the market- place today” Ippolito entered the insur- ance industry in 1996 with the Security Indemnity Insurance Co. and has since served as an account executive at HSBC/ HFC and an underwriter at Patriot National Inc./RCA Insurance in Wall. Ippolito holds a Bachelor of Science Degree in Business a real estate broker, broker- salesperson or salesperson and no person licensed as a referral agent may engage in the business of a real estate broker, broker-salesperson or salesperson to an extent be- yond that authorized by their status as a licensed real estate agent. No person, firm, partnership, association or corporation shall bring or maintain any action in the courts of this State for the collection of compensation for the performance of any of the acts mentioned in R.S.45:15-1 et seq. without alleging and proving that he was a duly licensed real estate broker at the time the alleged cause of action arose. No person claiming to be entitled to compensation as a referral agent, salesperson or broker-salesperson for the performance of any of the acts mentioned in R.S.45:15-1 et seq. shall bring or maintain any action in the courts of this State for the collection of com- pensation against any person, firm, partnership or corpora - tion other than the licensed broker with whom the referral agent, salesperson or broker- salesperson was employed at the time the alleged cause of action arose and no action shall be brought or maintained without the claimant alleging and proving that he was a duly licensed real estate referral agent, salesperson or broker-
tal and construction-related professional liability insurance coverages. She is responsible for providing New Day’s agents and their clients nationwide with detailed environmental and construction related pro- fessional liability risk manage- ment and policy information. “Jesilyn is a dynamic, per- formance-driven individual that exemplifies our dedica - tion to customer service,” said Jeff Slivka , the company’s of a “property manager.”] A real estate broker-sales- person, for the purposes of R.S.45:15-1 et seq., is defined to be any natural person who is qualified to be licensed as a real estate broker but who, for compensation, valuable consid- eration or commission, or other thing of value, or by reason of a promise or reasonable expec- tation thereof, is employed by and operates under the super- vision of a licensed real estate broker to perform the functions of a real estate salesperson as defined herein. A real estate referral agent , for the purposes of R.S.45:15-1 et seq., is defined to be any natural person em- ployed by and operating under the supervision of a licensed real estate broker whose real estate brokerage-related ac- tivities are limited to refer- ring prospects for the sale, purchase, exchange, leasing or rental of real estate or an interest therein. Referral agent licensees shall only re- fer such prospects to the real estate broker through whom they are licensed as a referral agent and shall only accept compensation for their activity as a referral agent from that broker. A referral agent shall not be employed by or licensed with more than one real estate broker at any given time. No person may simultaneously be licensed as a referral agent and
NORTH PLAINFIELD, NJ — Levin Management has announced that Gilbert Building owners and managers should consider success compatible with a range of intelligent building resource strategies are central to comprehensive benchmarking level and helps to define tangible goals across the entir sustainability performance has a positive impact on its marketplace. A higher occupancy rate translates to a m cap rates and increasing property values. Bankston joins Levin Management as VP of property management Contact EMS to learn more about our full range of ene we can support your sustainability initiatives.
Bankston, CSM , of Rockaway has joined the company as VP of prop- erty manage- ment. Bankston brings 13
Obligations of Property Managers: Are You . . . continued from page 8B
Graphics to support
Gilbert Bankston
years of commercial property management experience in the New York/New Jersey and Florida markets to Levin. His expertise includes shopping center and general asset man- agement, development, tenant construction, financial manage - ment and accounting. In his new role, he will ensure the delivery
The Integration of Submetering into a Broader Sustainability . . .
October 20, 2016
Expert Article for Mid Atlantic Real Estate Journal
Title: The Integration of Submetering into a Broader Sustainability Initiative
By: Eric Kessler, National Sales Manager, Energy Management Systems, Inc.
Energy costs account for as much as one-third of operating costs in commercial buildings making it the largest expense for most building owners. Commercial buildings consume more energy than either manufacturing or transportation, using about 40% of the energy consumed in the U.S. For the commercial real estate professional developing a sustainability initiative for a single property or an entire portfolio, the hardest part is knowing where to begin. Nothing can be managed until it is measured. Energy efficiency by its nature is a long-term effort that requires active management of demand. Whether buildings are existing or new state-of-the-art, the foundation of energy efficiency is metering and monitoring since this will tell owners and managers how their building are performing. The goal is to involve tenants, managers and owners in the process. The fact that the key stake holders can identify and quantify their energy usage will motivate them to modify their practices and behavior, cut waste and lower the building’s operating costs and energy consumption. Submeters track consumption of practically all resources, including electricity, gas, water, compressed air, steam and sewer. Submetered buildings are more likely than others to have lower utility consumption and costs, which translate into increased property values and lower total cost of operation. Submeters monitor the proportionate energy use for specific buildings, systems, departments or individual residences and will provide consumption-based metering and billing of all utilities. Within those facilities, lighting, HVAC and other energy intensive equipment can be monitored for inefficient energy use by individual users or processes. Submeters do not by themselves save energy, but provides granular data on a dynamic display dashboard to help management make decisions regarding energy consumption. A successful metering strategy requires more than installing meters. It is the engine for real-time operational efficiency and system performance management. Submetering supports Utility Expense Management/Bill Payment, Energy Procurement, Energy Benchmarking, Energy Efficiency Initiatives such as LED Lighting upgrades and will be necessary for ENERGY STAR® and LEED certification. Further, because submetering directly ties billing costs to actual consumption, submeter installation typically reduces consumption of each submetered utility up to 25% in commercial buildings and up to 35% in residential properties.
rates and increasing property values. Contact EMS to learn more about our full range of energy management products and ser- vices and how we can support your sustainability initiatives. Eric Kessler is National Sales Manager at Energy Management Systems. n
across the entire portfolio. A commercial building’s sus- tainability performance has a positive impact on its value and makes it more competitive in the marketplace. A higher occupancy rate translates to a more secure cash flow, lowering risk, increasing cap continued from page 14B
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