Best Property Management Software to Retrofit High-Emission Buildings into Sustainable, High-Return Properties

November 8, 2024

As the demand for sustainable, energy-efficient buildings continues to grow, property managers and investors are seeing significant potential in retrofitting older, high-emission buildings. By upgrading these properties, they not only align with regulatory requirements but also unlock long-term returns through improved efficiency and tenant satisfaction. Here’s a look at some of the best property management software options, including SensorSuite, for retrofitting high-emission buildings into sustainable, high-return assets.

1. B-Line: Data-Driven Workspace Optimization, Advanced Energy, and Facility Management

B-Line provides a powerful solution for real-time energy monitoring, asset tracking, and facility management, making it ideal for retrofitting projects that prioritize energy efficiency. By using wireless IoT sensors, b-line enables precise control over energy consumption and environmental factors, significantly reducing operational costs and emissions. B-Line’s building automation platform leverages AI with occupancy and usage patterns to adjust energy consumption, and inefficiencies, providing a clear path to retrofit opportunities that boost sustainability and tenant comfort.

Key Features:

• Wireless IoT sensors for real-time energy monitoring and control

• HVAC optimization to reduce heating and cooling inefficiencies

• Data-driven insights into energy savings and predictive maintenance

• Real-time data on occupancy and energy use to uncover inefficiencies

• AI-powered smart controls based on building occupancy and usage data

• Customized reporting for tracking emissions reduction and ROI

• Customized reporting for tracking emissions reduction and ROI

B-Line's AI and IoT-powered system is particularly effective for retrofitting projects focused on energy efficiency. Its real-time monitoring capabilities allow property managers to make immediate adjustments, ensuring sustainability goals are met, while it's AI Assistant enables building owners and operators to generate real-time analytics and reporting from there entire portfolio through a single pane of glass.

2. MRI Software: Comprehensive Property Management and Energy Solutions

MRI Software offers an extensive suite of tools that cover property management, energy tracking, and tenant engagement. For retrofits, MRI’s facilities management and energy modules provide detailed insights into cost and energy savings, allowing property managers to implement impactful upgrades.

Key Features:

• Energy and sustainability management tools to monitor emissions reductions

• Integration with IoT sensors and energy management systems

• Comprehensive reporting for regulatory compliance and ROI measurement

MRI’s integrated platform is ideal for managing large portfolios, giving property managers complete control over every aspect of their retrofitting efforts.

3. Schneider Electric: Comprehensive Energy and Building Management Solutions

Schneider Electric is a leader in energy management and automation, offering a suite of solutions that help buildings achieve sustainability through smart technology. Their EcoStruxure™ platform provides real-time insights into energy consumption, allowing property managers to monitor, control, and optimize energy use across all building systems. This is especially beneficial for retrofitting older buildings, where energy optimization can yield significant cost savings and emissions reductions.

Key Features:

• Integrated energy monitoring and control with EcoStruxure™ Building

• Predictive maintenance and asset management to reduce downtime

• Automated HVAC and lighting control for improved energy efficiency

Schneider Electric’s focus on sustainability and energy efficiency makes it an excellent choice for property managers seeking to transform high-emission buildings into green, cost-effective assets.

4. SensorSuite: IoT-Enabled Energy Monitoring and HVAC Optimization

SensorSuite uses IoT technology to deliver real-time energy monitoring and control, helping property managers minimize energy waste and optimize HVAC systems. This platform’s wireless sensors provide granular data on energy use and environmental factors, enabling precise adjustments and proactive maintenance for sustainable operations.

Key Features:

• Wireless IoT sensors for real-time energy monitoring and HVAC optimization

• Predictive maintenance alerts to prevent costly breakdowns

• Data analytics to drive further energy savings

SensorSuite’s capabilities are ideal for retrofit projects that prioritize energy efficiency and HVAC upgrades, making it a valuable tool for property managers aiming to reduce operational costs and emissions.

5. Yardi Energy: Energy and Utility Management for Sustainable Operations

Yardi Energy provides property managers with energy monitoring, utility billing, and sustainability reporting capabilities. This platform is a strong fit for retrofitting projects focused on managing and reducing operational energy costs over time.

Key Features:

• Real-time energy tracking to inform retrofit projects

• Utility billing management for monitoring energy use pre- and post-retrofit

• Automated sustainability reporting to meet regulatory requirements

Yardi Energy’s tools provide detailed insights into energy savings and sustainability, allowing property managers to continuously optimize energy use and meet emissions goals.

6. Measurabl: Emissions Tracking and Sustainability Reporting

Measurabl is focused on carbon emissions tracking and sustainability reporting, making it a great option for retrofits with specific carbon reduction targets. The software integrates with building systems to provide a comprehensive view of emissions data.

Key Features:

• Emissions tracking for measuring retrofit impact

• Compliance support for regional and international carbon standards

• Automated reporting aligned with sustainability metrics

Measurabl’s emphasis on emissions makes it well-suited for retrofitting projects aimed at reducing carbon footprints and meeting compliance standards.

7. Ecopilot AI: AI-Powered HVAC Optimization for Energy Efficiency

Ecopilot AI is a powerful solution for retrofitting HVAC systems, providing AI-driven insights that optimize heating, ventilation, and air conditioning based on real-time data. By analyzing factors like weather, occupancy, and indoor climate, Ecopilot AI adjusts HVAC settings to reduce energy consumption and lower emissions without compromising comfort.

Key Features:

• AI-driven optimization for HVAC systems based on real-time data

• Significant reductions in energy consumption and CO2 emissions

• Improved tenant comfort through climate-responsive adjustments

Best For: Older buildings with high HVAC energy use, where efficient heating and cooling are essential to achieving sustainability goals.


Selecting the Right PropTech Solution for Your Retrofit Goals

Choosing the best software for your retrofit project depends on your specific goals:

For Energy Efficiency and Real-Time Monitoring: SensorSuite’s IoT-powered platform is ideal for precise energy management and HVAC optimization.

For Occupancy and Space Utilization: B-Line AI and IoT-powered platform supplement BAS systems with occupancy and temperature / humidity sensors provide ongoing usage data to based on occupancy and usage data and predictive analytics, helping identify ongoing retrofit opportunities.

For Comprehensive Portfolio Management: MRI Software, Yardi Energy, and EcoPilot AI are suited for property managers overseeing large portfolios, offering a holistic approach to sustainability.

For ESG and Compliance:  Measurabl provide extensive tools for emissions tracking, compliance, and sustainability reporting.

Conclusion

Retrofitting high-emission buildings offers a substantial opportunity for property managers to create sustainable, high-value assets. With the right PropTech tools—such as B-Line, BuildingIQ, and others—you can accurately measure energy savings, track emissions reductions, and ensure your retrofits align with sustainability goals. PropTech solutions are transforming the industry, making it possible to meet regulatory standards, increase ROI, and provide tenants with modern, eco-friendly spaces.

Ready to start retrofitting your building for sustainability? Visit www.b-line.io to learn how B-Line can support your retrofit goals with data-driven insights and advanced analytics.

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