Implementing Sustainable Maintenance Practices

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$ 99.00


11 am PT / 12 pm MT / 1 pm CT / 2 pm ET
*approximate length: 45 minutes to 1 hour

Presenter: Nicholas Stolatis - CPM® Emeritus

Everyone is interested in being green.  When managing real estate investment properties, the process involves more than just changing light bulbs to LEDs.  This session will cover the drivers for sustainability, and how maintenance practices contribute to, and support the achievement of, a property’s green goals.  Speaker Nicholas Stolatis will share his experience creating additional value for TIAA’s global real estate portfolio through sustainable maintenance practices.

Learning Objectives:

  • Understand what sustainability means in the context of property operations
  • Explore various drivers that owners and managers will use to justify sustainable operations
  • Identify specific strategies that may be employed to achieve sustainability goals
  • Recognize the financial and reputational benefits that can be realized from sustainable operations  

Nicholas E. Stolatis Nicholas E. Stolatis is an experienced professional in asset and portfolio management, and sustainability, providing advisory and consulting services on implementation of best practices in the management of investment real estate portfolios. He is a principal of EPN Real Estate Services, Inc., leading the asset management, transaction, and sustainability practice for the firm. He previously served as a senior officer in the Global Real Estate division of TIAA, a multinational financial services firm with over one billion dollars in real estate investments. He created the award winning Global Real Estate Sustainability Initiative, which generated over $100,000,000 in savings through improved energy efficiency, achieved through the development, adoption, and implementation of best practices across the entire equity real estate investment portfolio. Nicholas created tremendous value for the organization through skilled transactional activity, property development and organizational enhancements.

Nicholas is the Chairman of the Board of Trustees of the Building Owners and Managers Institute International (BOMI), and holds membership in professional organizations, including the Institute of Real Estate Management (IREM), and the Building Owners & Managers Association (BOMA). He is the current Treasurer, and Past President, of the Greater NY Chapter of IREM. He has also participated on the committee which developed the IREM Sustainable Management course and is a contributing author for the BOMI Asset Management and High-Performance Buildings courses. Nicholas is one of 18 global subject matter experts serving on the International Property Measurement Standards Coalition’s Standards Setting Committee and co-chaired the BOMA Floor Standards Revision Committee. He is an adjunct professor at Fordham University’s Real Estate Institute. Nicholas also serves on the Board of Advisors for 5 Stone Green Capital.

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