PearlX

Now more than ever, developers are looking for ways to increase returns and lower project costs in an environment where interest rates, land costs and construction timelines have squeezed margins. We are excited to be working with Sand Canyon on a solar roof lease program that helps to mitigate these macro trends while also providing a cutting-edge amenity to the community’s residents. Love to see coverage of this deal from Multihousing Professional magazine: https://lnkd.in/gpgmYtPj

We’re excited to announce our $3 million investment in bringing solar power + battery storage to Sand Canyon, a brand-new 323-unit apartment community in Santa Clarita, CA! This project is another step in our mission to revolutionize energy infrastructure for multifamily communities—because clean energy should be an amenity, not an afterthought. Read more: https://lnkd.in/gukz3Hfq #PearlX #SolarEnergy #SustainableLiving #MultifamilyHousing #Innovation

We're still reeling over the footage from California Solar & Storage Association's Battle of the Bands at Intersolar last week featuring the WINNERS ⚡Cosmic IX⚡and our very own Patrick Sterns! https://lnkd.in/gBRx5Saq

Big congratulations to our VP of Policy, Patrick Sterns, and his amazing band for winning this year’s California Solar & Storage Association’s Battle of the Bands at Intersolar! From shaping smart energy policy by day to rocking the stage by night, Patrick showed once again why he’s a true standout — both at PearlX and in the clean energy community. We’re proud to have him representing us, and we love seeing the solar industry’s creative side shine at events like this. Congrats, Patrick! #SolarBattleoftheBands #Intersolar #PearlX #CleanEnergy

The apartment investment market is experiencing a gradual thaw after years of stagnation. PearlX's Simon Herrmann recently spoke with GlobeSt.com about how the lingering effects of high interest rates and evolving economic conditions are set to shape the multifamily space going forward. As investors navigate through 2025, Hermann says a new normal is emerging. "While investors remember the days of 3% interest rates, there is now a growing acceptance that those numbers aren't returning anytime soon," he explained. "In 2025, investors need to really be ready for a market where borrowing costs remain higher than they were in the low-rate era." Read the full article here: https://lnkd.in/guwBhk2g

We're excited for our very own Simon Herrmann speaking at the upcoming Bisnow LA Multifamily CRE Summit. If you're attending, come say hello!

We are delighted to announce that Patrick Sterns has joined PearlX as Vice President of Policy and Regulatory Affairs. With nearly 15 years of experience in the solar energy industry, Patrick brings a wealth of knowledge on multifamily solar policy and regulatory leadership that will help position PearlX as a forerunner in delivering revenue-generating clean energy assets to multifamily owners, operators and tenants. In his new role at PearlX, he is focused on driving regulatory advancements, improving opportunities to provide grid resilience and enabling new pathways for multifamily properties and their tenants to access affordable clean energy. Welcome to the PearlX team, Patrick! Yahoo! Finance Coverage: https://lnkd.in/gc_YzEzv

Patrick Sterns Joins PearlX as VP of Policy and Regulatory Affairs https://lnkd.in/grpWke6R Your go-to for local business news. Follow citybiz Los Angeles PearlX, Patrick Sterns, Jack McKee, Tejas Vanjare, Neeraj Vir, Emanuel Fabian, Gilda Garcia, Jeff Klatt, PMP, NABCEP, Pablo T Etarock, Pete Mendonez Jr, Ajay Sunder, Phillip Forrester, Daniel Sisson, Erin Wilson Uribe, MBA, Zach Mattera, Sean Doak, Brent Crangle, Elise Herr, Kailen Shinmoto, Simon Herrmann, Graham Greene, Merrick Hiton, Brian Guterman

We’re Heading to the NMHC Annual Meeting in Las Vegas! The PearlX team is excited to join the multifamily industry’s best and brightest at the NMHC Annual Meeting from January 28–30th. This event is the perfect opportunity to connect, collaborate, and explore innovative solutions shaping the future of multifamily housing. 🏢 Why meet with PearlX? We specialize in turnkey energy solutions that maximize NOI, reduce carbon footprints, and future-proof your properties. Let’s discuss how we can help you achieve your goals in 2025 and beyond! 📍 Find us in Vegas: Reach out to schedule a meeting—we’d love to connect and discuss how PearlX can help you unlock new opportunities. Let’s power the multifamily industry together! #NMHC2025 #PearlX #MultifamilyInnovation #EnergySolutions #NOIGrowth

Triple-net (NNN) leases are a foreign concept for many multifamily owners and developers, but with the right partner, they can be a great way to provide an extra source of income and meet increasingly stringent energy regulations. With a NNN energy lease, owners and developers can monetize unused areas of their properties, such as rooftops or car ports, to provide clean energy for their tenants and community along with an ongoing source of revenue they don’t have to think about. In our latest blog, we discuss the benefits of NNN leases for multifamily owners and developers: https://lnkd.in/gmYptQzm