Fannie Mae’s Multifamily Green Financing is allowing developers and investors the opportunity to “enhance the financial performance, environmental sustainability, and quality of the country’s multifamily housing stock.” The latest trend in environmentally friendly and conscious living amongst a younger generation of consumers has brought forth the same trend in the commercial real estate world and financial institutions like Fannie Mae are acknowledging the trend and its benefits.
Green CRE
The Latest Trend in CRE: Modular Construction
What is modular construction? We’ve seen the term being thrown around lately, so what is it and why are those in commercial real estate crazy about this latest trend?
Eco-Friendly Wooden Skyscrapers
Lever Architecture’s founder, Thomas Robinson is revolutionizing the way developers build some of today’s tallest and most influential buildings. A pioneer in his industry, Robinson has been able to design and develop structures using only wood, no concrete or steel is needed to help bear the weight of the infrastructure. Not only is this method allowing a more affordable way for construction, but is also benefiting the environment in which they are built in.
Self Cleaning CRE Properties
Spanish company Neolith has done the imaginable, the hard-surface company has entered the air-purifying building materials market. Launching a collection of building materials made from 100% raw materials, including: granite minerals, silica, and natural oxides. Proving that commercial real estate developers have green and eco-friendly material options when it comes to making efforts to implement greener and environmentally cautious materials into their developments.