The Village on Sage Street Workforce Housing in Reno, Nevada Case Study Summary: Located in Reno, Nevada and opened in July 2019, The Village on Sage Street is a 216-unit dorm-style housing development for people who are working or on a low fixed income and unable to afford rent. The Village showcases what can happen […]
The Nishi Building in Canberra, Australia, balances sustainability with human-focused design and provides another notable example of using low carbon materials in real estate development. A mixed-use development that includes 233,653 square feet of multifamily residential space and 524,442 square feet of commercial space, including office space, a hotel, retail, and a movie theater, the […]
Carbon12, from Kaiser Group and Path Architecture, was, at the time of its completion in 2018, the tallest cross-laminated timber (CLT) building in the United States. At 85 feet tall, the development in Portland, Oregon, is an eight-story multifamily residential building and pioneering CLT project. CLT is a very strong and lightweight timber structural material, […]
St. Hilda’s Towers Inc. underwent a deep energy efficiency retrofit to improve the property’s efficiency, resilience, and affordability—and did so in a cost-effective, replicable manner for other high-rise multifamily assets in cold-weather climates. The project investment history is unique in that the owner had limited reserves and did not contribute to the retrofit at the […]
Resident-Focused Health and Wellness at The Pearl As a privately held real estate developer, owner, and property management company with a heightened focus on health and sustainability, The Tower Companies (Tower) leverages its corporate responsibility team, property management and leasing teams, and third-party commercial brokers to communicate the value of healthy and sustainable building features […]
Bower, The Green Cities Company’s new multifamily property in Boston, MA, opened for leasing in Q3 2020 and prioritized resident health and wellbeing through biophilic design as a key part of its holistic ESG strategy. The two-building, 412,000 sf property with 312 apartments is LEED Gold Certified and received a two-star Fitwel certification, earning 100% of points possible in the Location, Indoor Environment, Dwellings and Shared Spaces categories in addition to being recognized as a 2021 Fitwel Best in Building Health® Award Winner.
A family’s location and housing costs can directly affect their financial well-being and the community at large. To address social equity and equitably represent the communities in which it operates, FCP—a privately held investor of multifamily and office assets—partners with local nonprofits to provide low-cost after-school and summer child care programs.
AXA IM–REAL ASSETS, a leading portfolio and asset manager, focuses on three pillars as part of its ESG strategy: decarbonization, resilience, and building tomorrow. To help the portfolio decarbonize and identify new opportunities to create and enhance value, AXA is piloting new technologies and strategies to later scale to other appropriate properties. Example pilots include Finnish multifamily buildings installing internal and external temperature sensors, fed with weather data and energy prices to support precise heating for each unit. In Sweden, multifamily buildings are being fitted out with solar panels and geothermal groundwater heating to create a more comfortable living environment while lowering energy costs for the owner and tenant.
GID, a real estate developer, owner, and operator, equips its multifamily residents with information and resources to drive responsible behavior. To raise awareness, multiple sustainability events are held throughout the year across the entire portfolio.
At FPA MULTIFAMILY, sustainability is an ongoing practice that constantly evolves as technology advances. FPA Multifamily’s ESG initiatives are driven by the Green Team, which is involved in the beginning stages of any acquisition, ordering an ASHRAE-level energy audit for all properties to determine the best investment projects; oversees project rollout and implementation; and tracks savings. As a multifamily real estate company, FPA Multifamily has substantial opportunities for water conservation projects, achieving savings by replacing toilets, showerheads, faucets, and water-intensive landscaping.