LOS ANGELES—California's Energy Disclosure Law AB 1103 officially went into effect in January of this year, and according to Jenny Redlin, principal at Partner Engineering & Science, the law has been stalling CRE transactions due to uninformed owners and buyers. The law focuses on non-residential commercial properties, specifically Assembly, Business, Educational, Assisted Living, Nonambulatory, Mercantile, transient residential properties, like a hotel, storage and parking garage property types. In this exclusive video, Redlin explains all about the new law, including:

-       What owners and buyers need to know

-       Which properties are affected by the law

-       How the new law impacts CRE transactions

For even more detailed information about AB 1103, visit the Partner Engineering and Science blog.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.