Multifamily Investors See Green for Eco-Friendly Buildings
Green financing experienced a big uptick in 2017, as multifamily owners and investors took advantage of rewards programs offered by Fannie Mae and Freddie Mac. Last year, Fannie Mae invested more than $27 billion in green financing, compared to the $3.6 billion it invested in 2016, while Freddie Mac invested $18.7 billion in 2017.
New research from NMHC revealed that multifamily investors think green financing will continue to play a key role in the lending space in 2018, with 55% of survey respondents predicting volumes will mirror 2017 levels or even increase this year.
JLL’s Karen Shea says, “I expect that green financing will become more prevalent throughout 2018. For assets built to green standards with industry certification and assets that ‘go green,’ both GSE’s offer interest rate pricing incentives of anywhere between five-35 basis points.”
Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services.
In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company.
In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix.
Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator.
Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements.
Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.
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