MREN earlier signed a memorandum of agreement for the development, design, construction and installation of at least a 1.1-megawatt (MW) solar PV rooftop system as part of the pilot project of its ambitious solar PV program.
'Under the MOA, MREN will be the project developer and owner of the solar facility while a private entity, owning and operating the mall, will be the power offtaker,' MREN said.
ETS has digitally transformed their expansive operations by utilizing MREN technology to manage and share projects, information, and contacts while reducing their dependency on email communications.
Joy Hou, CEO of MREN stated that, "We see ETS as more than a client, we see them as a powerful alliance.
MREN is a cloud-based collaboration platform where CRE professionals have everything they need to work together on a single platform.
MREN, short for the Manhattan Real Estate Network, was started by three men who said they saw the need for an organization dedicated strictly to investment professionals at the junior and mid levels.
Along with Jonathan Block of Capital Trust and Jonathan Fishman of Insignia/ESG the trio began mREN to serve as the only forum in the New York metropolitan area exclusively focused on real estate professionals at the junior and mid levels.
"Upon looking for similar networks in Manhattan," said Block, "the idea for mREN was derived from the Bay Area Mortgage Association (BAMA) in San Francisco.
mREN's most recent event was held in late January at Tiro A Segno and attracted over 100 real estate professionals.