Episode #12: Green Real Estate & Property Value
What is the best way for you to position your building from a valuation standpoint? Are there strategies that designers can use to collaborate better with developers & building owners to improve the market value of high performance buildings? Because these buildings are different, owners have had to change not only how they design, build, and market, but also how they approach financing and construction processes. Otherwise you may pay for green—with certifications, capital improvements, and marketing—and not fully realize the expected market benefits.
Moving beyond the value that accrues to owners from rents, operational savings, and market recognition at sale, this guide will help building owners and developers understand the appraisal process and how green, high performance characteristics and data can be used by appraisers to help fully maximize valuation. Through educated realtors and appraisers in the commercial & residential markets, this can be achieved in most markets in the US.
REthink39 is devoted to lowering the 39% of U.S. energy consumption attributed to the built environment and believes they can be part of a solution with every transaction closed. Craig Foley is the founder of Sustainable Real Estate Consulting Services, a LEED Green Associate and chief sustainability officer for LAER Realty Partners. Craig’s combination of real estate and energy management skills give him a unique perspective about sustainable energy solutions and subject matter expertise on greening the MLS and high-performance home valuation and marketing.
In this episode, Craig explains why its important to know your building appraiser and collaborate on green building practices to drive real estate value.
#sustainability #energy #energyefficiency #education #podcast #business #netzero #cre
Craig Foley is the founder of Sustainable Real Estate Consulting Services, a LEED Green Associate and chief sustainability officer for LAER Realty Partners. Craig’s combination of real estate and energy management skills give him a unique perspective about sustainable energy solutions and subject matter expertise on greening the MLS and high-performance home valuation and marketing. As a real estate broker, he has sold several high-performance projects in and around Greater Boston. He is the team leader of REthink39 Group. REthink39 is devoted to lowering the 39% of U.S. energy consumption attributed to the built environment and believes they can be part of a solution with every transaction closed.
As a real estate consultant, he has partnered with a broad range of companies including Lawrence Berkeley National Laboratories, Northeast Energy Efficiency Partnerships, Elevate Energy, and the Massachusetts Clean Energy Center. Craig was one of five people in the U.S. to receive the EverGreen Award by the National Association of Realtors (NAR) in 2013. He also serves as an advisory board member for the NAR Green Resource Council and is a certified instructor of the NAR Green Designation. His committee work at NAR includes chairing the Sustainability Advisory Group in 2019. He also serves on the Energy Advisory Council for Fannie Mae
CRAIG ON SOCIAL
LinkedIn: https://www.linkedin.com/in/craig-foley-9480a047/
Resources Mentioned In This Episode:
National Association of Realtors
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