Heitman, a global real estate investment management firm, carefully considers ESG principles during the investment process. This provides opportunities to create value, reduce risk, and enhance investment returns. Heitman is also committed to reducing operational carbon emissions of the private equity portfolio under its control to net zero by 2030. Acquiring assets that have implemented […]
A public/private mixed-use development featuring unique architectural details, a six-level garage, and street-level retail space in the historic art deco South Beach neighborhood of Miami Beach, Florida. The exterior of the facility is laced with a curved and gridded fiberglass trellis and irrigated planter boxes with three types of native foliage. The trellis pattern represents horizontal waves reminiscent of the nearby ocean. Various living vines are planted along the facade, enveloping the garage in tropical greenery.
Maple Court is a 135-unit elevator building surrounding a landscape courtyard in the East Harlem section of Manhattan. Developed as a publicly assisted limited-equity cooperative, it also contains 7,000 square feet of medical office space and storage and on-site parking for 83 cars. The project is the area’s first for-sale, middle-income residential construction in many years, it is targeted for people with annual incomes of between $27,000 and $60,000. A second phase, Maple Plaza Cooperative, is now underway.
Adaptive use of a historic seven-building cotton mill into a self-storage facility featuring climate-controlled units and state-of-the-art electronic security. Redevelopment of the 180,000-square-foot facility, built in various stages beginning in the 1850s, required extensive review by local, state, and federal historic landmark agencies. Ideal demographics in the surrounding area and a dearth of land available for new construction led to the developer’s decision to redevelop the mill. Use of historic preservation tax credits enhanced project feasibility.
