1. Occupancy Ratings!! This is a key issue in real estate development financing. And guess what the numbers say, there is a direct correlation between LEED certified buildings an occupancy. Tenants, both commercial and residential, stay for longer periods of time with less turn over. This translates into less risk for financing, which means banks are more willing to lend money for these projects. And in this economy, banks need stability.
2. The ranking from least lending risk to highest is: 1. Public, institutional, and educational buildings. 2. Owner occupied, single family housing. and 3. Multi-tenant. Because of this ranking, the most common LEED buildings are in the first category.
3. LA has the highest absolute number of LEED office buildings in the country. Although, they still represent less than 1% of the buildings in LA.
4. Life cycle and upfront investment. Developers and owners realize that the greater upfront costs related to designing a LEED or carbon neutral project will pay for themselves over the long haul. This concept has been discussed for a long time, but the numbers are now starting to come through that prove this.
Combine these points with the insecure economic climate and LEED buildings keep gaining more and more attention.
Finally, two website for your reference: www.josre.org and www.dsireusa.org
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