Today we are joined by Chris Gray, the CTO of RENU Communities.
At it's simplest form, they are a PE Fund that is doing total retrofits on real estate to make it a sustainable building.
The more interesting aspects of what they are doing are,
they have an in-house set of experts that are able to help them integrate engineering knowledge with the financial modeling of the projects
they take a very high-quality approach to how they manage the retrofits so that it doesn't impact tenant life
they engage with their tenants to help them understand the benefits of the newly installed upgrades
In the end, Chris also had some interesting insights to share on the IRA bill which directly contributes to the bottom line of real estate owners. So if you own real estate, you might want to check that out as well.
Enjoy today's episode! Peace out! 🌎
Topics:
3:42 Intro to Chris
5:40 Seeing how buildings worked led him to an interest in sustainability
8:55 Utilities and their incentives around energy efficiency
10:26 40% of Emissions are from buildings
12:03 Why energy efficiency is now becoming mainstream
14:55 Their process
28:31 Lifetime Savings
33:07 Increased rent for green buildings
35:50 Design & Energy Efficiency / Form Factor
39:21 How they engage with and educate their tenants
41:52 Personal health and green buildings
43:57 Green buildings and insurance
49:07 The IRA - Some thoughts
52:17 Incentives contribute directly contributions to RE Owner's bottom line
54:33 Outlook on the green building space
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