Navigating Energy Mandates in Multifamily Sector: Insights from Apartment Owners and Managers

Author

Start Page / End Page

Volume

Issue Number

Year

Publication

Mariana Arcaya, Daniela Morales, Dongxiao Niu, Chenhan Shao, Siqi Zheng

175 / 203

29

2

2026

International Real Estate Review

Abstract

The built environment accounts for a substantial share of urban greenhouse gas emissions, and a growing number of U.S. cities have responded by enacting mandatory building performance standards (BPS) that impose energy and emissions targets on commercial and multifamily properties. Multifamily housing, which represents roughly one-third of the U.S. housing stock and an even larger share of building-sector emissions in major cities, sits at the center of this regulatory shift. However, the BPS landscape is highly fragmented across jurisdictions in terms of metrics, targets, and enforcement, thus creating compliance complexity for developers, owners, and asset managers. This report draws on interviews with executives of representative multifamily companies across the United States to document industry perceptions and experiences of municipal energy efficiency mandates. It summarizes the principal compliance challenges, cost and operational implications, and strategic considerations that shape how the multifamily sector is navigating the transition to stricter performance standards.


View PDF – https://doi.org/10.53383/100420

 

Keywords

Building performance standards (BPS), Multifamily housing, Energy efficiency mandates, Urban decarbonization, Real estate compliance