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Accounting for Green

New research may change how commercial real estate loans are designed

Among the many risks involved in commercial real estate lending today, energy risk is so poorly understood that lenders simply do not have the tools they need to measure it. This ignorance of energy risk — the likelihood that higher energy costs compromise a building owner’s ability to make their mortgage payments — leads to inflated loans. This is because both efficient and inefficient buildings are judged the same in the eyes of the lender. But UC Berkeley researchers have developed a tool they claim would measure the net benefit of energy savings investments.

Feb 13, 2013 Bill Romanelli
Sutter Medical Center, Sacramento

Finishing Touches

Sutter Health construction completion in sight

After more than a decade of work and a price tag that has grown by 50 percent, representatives for Sutter Medical Center, Sacramento report that the $750 million midtown hospital upgrade is in the final phases and is expected to be finished by mid-2014.

Feb 13, 2013 Allen Young
Christopher Cabaldon became the first mayor directly elected by West Sacramento voters in November 2004 and is currently serving his fourth elected term in that position.

Small City, Big Vision

Acuity with Chris Cabaldon

There is nobody more bullish on the City of West Sacramento than Mayor Chris Cabaldon. He says no city in the region can boast of a better location and, perhaps most importantly, a better water supply. With these two key attributes, the mayor believes the west-bank city is well positioned to attract business, jobs and residents for the foreseeable future.

Feb 13, 2013 Douglas Curley

Downtown Advocate

Acuity With Kipp Blewett

Kipp Blewett, 46, is a principal partner and co-founder of Rubicon Partners Inc. He is also a member of the board of directors for the Downtown Sacramento Partnership.

Dec 1, 2012 Douglas Curley

Mixed-Use Momentum

Where Scalehouse Street meets Township Nine Avenue is, for now, a crossroads on 65 acres of dirt between Richards Boulevard and the American River Parkway. In less than a decade, this swath of land — offering striking views of both the downtown Sacramento skyline and one of the city’s beloved rivers — could be home to thousands.

Oct 31, 2012 Dixie Reid

The Little Airport That Could

SMF navigates a nose dive

In September 2008, when Lehman Brothers collapsed and the municipal bond market froze, Sacramento International Airport had just begun constructing the biggest capital improvement project in the county’s history.

Oct 31, 2012 Allen Young

Payload Denied

Dwindling shipments jeopardize air cargo facilities

The air cargo industry has long been a valuable component in the Capitol Region’s economy. But in spite of some rosy growth projections, air freight traffic in the region has been in a steady decline for more than a decade with no sure signs it will return to its former prominence.

Oct 31, 2012 Rich Ehisen

Vision Quest

Davis seeks a plan for its future personality

Doby Fleeman can feel the ground shifting. He can almost hear the low rumble of engines.

“The steamrollers are on the move,” says Fleeman, manager of the Davis Ace Hardware Co. “It’s like we’re on tectonic plates. There’s a change in the wind.”

Oct 1, 2012 Anne Gonzalez

Transit Man

Acuity With Mike Wiley

Mike Wiley, 59, began his career at the Sacramento Regional Transit District as a service planner in 1978. In 2007, he was named general manager and CEO. He also serves on the executive committee of the California Transit Association.

Sep 30, 2012 Douglas Curley

$30 Million Gamble

Port expansion project has uncertain future

The ports of West Sacramento and Stockton are betting that a $30 million public investment in new infrastructure will convince local importers and exporters to transfer their method of goods movement to the San Francisco Bay from trucking to barge shipping.

Sep 30, 2012 Allen Young

Reviving Sacramento’s Downtown

I remember a time when Sacramento’s Downtown Plaza was a thriving mall, a leader in the city’s retail sales and tax revenues. And, back in the 1970s, its design was up to date: many malls were self-contained, with no connection to surrounding streets.

Sep 30, 2012 Winnie Comstock-Carlson