Company Release – 14/04/2023
Miami, Fl – Today, the Institute for Market Transformation (IMT) and the U.S. Department of Energy’s (DOE) Better Buildings Alliance announced Eagle Property Capital as a 2023 Green Lease Leader during the Better Buildings, Better Plants Summit. Launched in 2014, Green Lease Leaders set standards for what constitutes a green lease, while recognizing landlords and tenants who modernize their leases to spur collaborative action on energy efficiency, cost-savings, air quality improvement, and sustainability in buildings.
Eagle Property Capital has achieved GOLD recognition for Landlord Application Green Lease Leaders award. To receive this recognition, EPC qualified for credits in energy efficiency and sustainability best practices such as utility data tracking and sharing, cost recovery for capital improvements and sustainability training.
“Strengthening our business strategy by including ESG performance indicators allows us to improve our performance as a successful manager of real estate investments. This award represents our commitment to create a positive impact on our communities while contributing to deliver major results for our investors “stated Gerardo Mahuad, Managing Principal and Co-Founder.
Eagle Property Capital is proud to be part of the national trend toward green leases in commercial spaces. This year the program expanded by 31%, including 34 new winners. Additionally, six companies earned Platinum recognition, achieving even more stringent requirements. The overall program growth reflects a wide acceptance that green leases are a critical tool for improving buildings and meeting corporate environmental and social goals. This year’s Green Lease Leaders represent portfolios totaling over three billion square feet (sq. ft.) and comprise a diverse range of buildings from large and small commercial offices to data centers and industrial and multifamily buildings. The cumulative floor area of all Green Lease Leaders is now nearly 6.5 billion sq. ft. of building space.
IMT estimates that green leases can help reduce utility bills by up to approximately 50 cents per square foot (22 percent) in U.S. office buildings alone. If all leased office buildings executed green leases, the market could reap over $3 billion in annual cost savings.
Learn more about Green Leasing by visiting GreenLeaseLeaders.com or reading Green Lease Leaders’ case studies.
ABOUT EAGLE PROPERTY CAPITAL
Eagle Property Capital Investments is a vertically integrated real estate investment manager pursuing value–add investment strategies through the acquisition, reposition, and management of multifamily apartment properties in Florida and Texas. Since 2011, EPC and its affiliates have acquired 39 multifamily residential properties containing over 9,300 apartment units. To learn more about EPC, visit www.eaglepropertycapital.com