Our Team
Headed by Millennials and backed by over 50 years of business experience across commercial real estate investment and other industries, our team was designed to provide a wide range of perspectives and areas of expertise.
Our Track Record
We partner with real estate developers and owners, along with privately and publicly funded institutions to help develop, implement, and finance sustainable projects that positively impact the environment, the community, and often the capital stack.
Case Study
HOW THE DC HOUSING AUTHORITY SAVED $200M+ THROUGH A SUSTAINABLE INFRASTRUCTURE PROJECT
CLIENT
D.C. Housing Authority (DCHA)
The District of Columbia Housing Authority provides quality affordable housing to extremely low- through moderate-income households, fosters sustainable communities, and cultivates opportunities for residents to improve their lives.
THE PROBLEM
The largest energy and water consumer in Washington, DC, DCHA provides quality housing for 20,000 residents and manages $5OOM in assets. Their aging, inefficient utility infrastructure led to a $34 million annual utility bill, which was steadily increasing by 3% each year. They were also facing $1B in deferred maintenance.
SOLUTION
Discover
Analyzed DCHA's utility infrastructure and uncovered the massive potential for financial and energy savings.
Develop
Raised the $150M capital needed to update their infrastructure with no upfront cost and developed the plan for implementation.
Execute
Provided complete project management with a dedicated team and milestones to ensure a successful project.
Support
Collaborated with internal and external stakeholders to provide ongoing sustainable operations support.
THE RESULTS
$200 MILLION+ SAVINGS
The DCHA achieved an immediate savings of $10M the first year after updating their utility infrastructure and is on track to realize $200M.
67K TONS OF CO2 REMOVED FROM THE ATMOSPHERE
The upgraded utilities improved air quality, saved over 24.9M kilowatt hours, and saved 3.5B gallons of water.
$20 MILLION TO UNDERSERVED CONTRACTORS
The project benefited the local community in many ways including the creation of 300+ jobs and $38K went toward funding for community projects.