by Brianna Crandall — October 14, 2016 — In a town where all is glittery and gold, green certainly stands out, notes the Institute of Real Estate Management (IREM), an international affiliate of the National Association of REALTORS that serves both the multifamily and commercial sectors. Situated in the heart of Hollywood, the Instrata Sunset Vine Tower, managed by Alliance Residential Company, is IREM’s newest certified property due to its sustainable property management.
The Instrata Sunset Vine Tower features premier residential rental apartments exemplifying modern living, with floor-to-ceiling windows for natural light, gourmet kitchens, personal balconies, energy-efficient lighting and windows, and open layouts for optimal flexibility in furnishing. The apartments feature city, mountain and ocean views, with numerous in-house amenities such as a resort-inspired salt water pool, on-site recycling, and a state-of-the-art fitness center.
The IREM Certified Sustainable Property is said to be the only sustainability certification program that focuses on the role of exceptional real estate management in green building performance. Available for office, multifamily and retail properties, the certification provides existing properties with recognition for resource efficiency and environmental programs.
To earn the sustainable property management certification, a property must first meet key baseline requirements, and then earn necessary points across energy, water, health, recycling, and purchasing categories. Tenants and residents increasingly associate environmental performance with quality, so the IREM Certified Sustainable Property certification presents a prime opportunity to showcase quality, responsible real estate management, says IREM, plus it offers an attainable, affordable alternative to LEED certification.
Sustainability is not just about good design — it is about asset performance that results from quality property management, and Alliance says it is proud to embody that daily.