Homebuyers want — and will pay more for — sustainable features like energy-efficient appliances, windows and the like, alongside features that ensure better air quality. As younger generations are expected to enter the homebuying market, this socially conscious group is looking out for green features.
Source: Forbes (June 4, 2019) – In 1980, Congress enacted a law that provided land owners a tax break if they donate a conservation easement. The idea is simple: If someone owns land in some sort of environmentally sensitive area and they forswear developing that land, they can—after donating the easement to a qualified land…
Source: The Telegraph (December 21, 2018) On Election Day, Georgians overwhelmingly approved Amendment 1, also known as the Georgia Outdoor Stewardship Amendment, which is expected to generate more than $20 million annually in dedicated conservation funding. It will do so not by raising or creating any new taxes or fees, but instead by rededicating a…
Greenville has hit on a successful formula for incubating businesses. Could other cities in the region be next? Source: Bloomberg Business (June 28, 218) – When Scott Pancoast was crisscrossing the Carolinas raising money for his health-care startup earlier this year, one of the most important stops was a country club in his hometown of Greenville,…
Source: RobbReport (May 9, 2018) – The trending environmentally conscious real estate movement shows the industry values the planet and its inhabitants. The green building movement formally took off in the United States during the early 1990s as the American Institute of Architects’ Committee on the Environment sought to create environmentally responsible homes and promote…
Benefits like increased energy efficiency and cost savings, combined with heightened resident demand for sustainable features, are driving multifamily developers to go green. Source: Multi-Housing News (May 2, 2018) – Alongside the development boom that Marcus & Millichap estimates will add 335,000 new multifamily units to the nation’s inventory this year, another phenomenon is emerging.…
There’s been a lot of chatter and uncertainty surrounding the implications of the recent changes in U.S. tax laws and the interest rate hikes expected this year. As the real estate sector and the financial industry as a whole wonder where exactly we are in the economic cycle and what’s coming up next, we decided…
The Tax Cuts and Jobs Act has changed the dynamics of our finances and the profitability of investments. While much of the press coverage around the new rules has been on its drawbacks, there exist some positive financial opportunities for those who educate themselves and act on new breaks. The new tax law both protects…
Feb. 20, 2018 –There are lots of “villes” attracting travelers from across the world these days. There’s Tennessee’s Nashville, aka Music City, North Carolina’s mountainous arts district Asheville, but there’s one other ville that is climbing the ranks. (Hint: It’s not the other little-known “ville” in Tennessee, Greeneville, spelled with that awkward fourth “e.”) “Yeah, that…
ATLANTA, GA — February 8, 2018 – The Atlanta-Sandy Springs-Marietta metro area is among the 20 best housing markets to invest in for 2018, according to Forbes. Forbes teamed up with Local Market Monitor to come up with the list of places where growth appears most sustainable. The list of cities Forbes deems worth investing…