There is a larger movement of investors steering money towards sustainable real estate, thanks to new technology and tougher standards
New York Times
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Patrick Sisson When the developer Lendlease opens its $600 million residential and office complex in Los Angeles, expected in 2025, the site will have the typical hallmarks of sustainable development: proximity to a light-rail stop, an all-electric residential tower, solar panels and a pedestrian plaza. But those features are considered commonplace these days. What makes this development more striking is how sustainability is not simply an amenity or signifier of corporate responsibility but a core feature of its financing plan. “We were…
As risks of climate change rise, investors seek greener buildings
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