When Murphy Vandervelde purchased The Fountains at Cedar Parke, a 370-room Continuing Care Retirement Community situated on a 27-acre campus in Atco, NJ, he noticed right away that utility expenses were completely out of whack. It’s no wonder as the 336,000 sq. foot building was equipped with original (outdated) 25+ year-old heating, ventilation and air conditioning (HVAC) and excessive, inefficient lighting.
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