Real Estate Articles in the Green Category
Green »
By: Luke Bujarski
New York City Local Law 86 is setting yet another aggressive standard for the green real estate investment market. On May 1st, privately owned buildings larger than 50,000 square feet will be required to submit annual benchmark reports on building energy and water usage. Since the law will eventually require public disclosure of this information, property owners and investors could see a big shift in focus toward building energy performance when buying and selling. These and other local initiatives are springing up in different cities and regions across …
Chicago, Green »
By: Luke Bujarski
Chicago’s green real estate investment market may have taken another step forward this month. Coordinated by the Chicago Metropolitan Agency for Planning (CMAP), the Better Buildings Initiative aims to create jobs and save people money on their energy bills by strengthening the market for energy efficient properties. The goal of the program is to leverage over 500 million dollars of public and private funds to retrofit over 8,000 residential, commercial, and industrial properties over the next three years.
A building “retrofit” refers to the various steps a property owner …
Featured, Green »
The objective of a Green Investment Property is to increase the property owners net operating income by implementing energy efficiency and renewable energy initiatives. If you are a building owner, developer, REIT ( Real Estate Investment Trust ) or a property manager sustainability can and should be an added source of profitability for you.
Investment Property owners need a specialized Green partner to help them identify, simplify, and execute energy initiatives in order to take action against rising energy costs, increase net operating income (NOI), and strengthen their brands. A green team of experienced advisers …