LEED

Wawanesa Opens New National Headquarters at True North Square, Announces $500,000 for a More Vibrant Downtown

Retrieved on: 
Wednesday, March 13, 2024
Health, Certification, Culture, Farmer, LEED, Downtown Winnipeg, Insurance, Life, Gold, Workforce, Wawanesa

WINNIPEG, Manitoba, March 13, 2024 (GLOBE NEWSWIRE) -- The Wawanesa Mutual Insurance Company (Wawanesa) today announced the official opening of its new national headquarters in downtown Winnipeg.

Key Points: 
  • WINNIPEG, Manitoba, March 13, 2024 (GLOBE NEWSWIRE) -- The Wawanesa Mutual Insurance Company (Wawanesa) today announced the official opening of its new national headquarters in downtown Winnipeg.
  • Purpose-built for Wawanesa at True North Square, the 21-storey, environmentally sustainable headquarters features 360,000 square feet of leading-edge workspace for the company’s 1,300 local employees.
  • “Wawanesa Insurance began in 1896 when 20 farmers formed an insurance company to meet their local needs.
  • “We are thrilled to officially welcome Wawanesa to True North Square and see their vision of an innovative, inviting and purpose-built employee home come to life in opening their new national headquarters,” said Jim Ludlow, President of True North Real Estate Development.

Boston Real Estate Inclusion Fund Launches Investment Offering on Small Change Crowdfunding Platform

Retrieved on: 
Thursday, April 4, 2024
Commercial Building & Real Estate, Construction & Property, Urban Planning, BIPOC, BIG, LEED, Female, Small, Carbon, Investment, Small change, Vertex Pharmaceuticals, Related, Platinum

Small Change , an investment crowdfunding platform for real estate development with social impact, and Boston Real Estate Inclusion Fund (BREIF), an investment fund created by Black Boston developers, announce an investment opportunity in a $400M life sciences building at 22 Drydock Avenue in Boston’s Seaport District.

Key Points: 
  • Small Change , an investment crowdfunding platform for real estate development with social impact, and Boston Real Estate Inclusion Fund (BREIF), an investment fund created by Black Boston developers, announce an investment opportunity in a $400M life sciences building at 22 Drydock Avenue in Boston’s Seaport District.
  • Potential investors can use the Small Change portal to learn about the project and make investments.
  • Eve Picker, founder and CEO of Small Change, adds that she is equally proud to host the offering on the Small Change platform.
  • “It is fully aligned with our mission.”
    To learn more about the offering, please view the listing details at https://www.smallchange.co/projects/22-Drydock .

Barings Provides $78 Million Financing on The Townsend in San Diego, CA

Retrieved on: 
Tuesday, April 2, 2024
Professional Services, Other Construction & Property, Residential Building & Real Estate, Finance, Construction & Property, Asset Management, LEED, Partnership, Core, Heart, JLL, Gold, Financial services

Barings, one of the world’s largest diversified real estate investment managers, announced today that it has provided a $78 million loan to refinance The Townsend, a recently delivered, best-in-class 277-unit LEED Gold multifamily project located in the Mission Valley submarket of San Diego, California.

Key Points: 
  • Barings, one of the world’s largest diversified real estate investment managers, announced today that it has provided a $78 million loan to refinance The Townsend, a recently delivered, best-in-class 277-unit LEED Gold multifamily project located in the Mission Valley submarket of San Diego, California.
  • “We are pleased to continue our partnership with The Dinerstein Companies for the refinancing of this high-quality multifamily asset located in a strong market with growing demographics and healthy underlying demand-supply metrics,” said Jack Cheng, Managing Director with Barings.
  • Situated in the heart of Mission Valley, The Townsend is proximate to a large employer base as well as numerous retail and restaurant options.
  • This transaction expands Barings’ $27.06+ billion* real estate debt platform, which leverages the team’s broad direct origination capabilities and deep credit expertise to invest in loans secured by institutional-quality commercial real estate.

Apple Hospitality REIT Acquires the AC Hotel by Marriott Washington DC Convention Center

Retrieved on: 
Wednesday, March 27, 2024
Lodging, Commercial Building & Real Estate, Destinations, Construction & Property, Vacation, REIT, Travel, Professional Services, Tourist Attractions, Other Travel, Finance, Washington Convention Center, Real estate, Growth, STR, Embassy Suites by Hilton, Walter, Hospitality, Acquisition, Capital One Arena, Investment, Hotel, Government, Motto, LEED

Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced the acquisition of the 234-room AC Hotel by Marriott Washington DC Convention Center (the “Hotel”) for approximately $116.8 million, or $499,000 per key.

Key Points: 
  • Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced the acquisition of the 234-room AC Hotel by Marriott Washington DC Convention Center (the “Hotel”) for approximately $116.8 million, or $499,000 per key.
  • “We are pleased to expand our portfolio with the acquisition of the AC Hotel Washington DC Convention Center and are thrilled to establish a presence in downtown Washington, D.C., a market we have tracked and wanted to have a presence in for some time,” said Nelson Knight, President, Real Estate and Investments of Apple Hospitality.
  • As we look for and continue to underwrite acquisition opportunities, we are dedicated to pursuing transactions that meaningfully enhance our portfolio and maximize long-term value for our shareholders.”
    The AC Hotel Washington DC Convention Center opened in October 2020 and is located at 601 K Street NW, Washington, D.C.
  • Following the acquisition of the AC Hotel Washington DC Convention Center, the Apple Hospitality hotel portfolio includes 224 hotels with 29,886 guest rooms geographically diversified throughout 37 states and the District of Columbia.

Tricon Residential Releases 2023 Annual Sustainability Report

Retrieved on: 
Tuesday, March 26, 2024
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, REIT, Certification, Culture, LEED, TCN, Ethics, Sale, Sun Belt, TSX, Gold, Sustainability, Family

Tricon Residential Inc. (NYSE: TCN, TSX: TCN) ("Tricon" or the “Company”), an owner, operator and developer of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, released its annual sustainability report today.

Key Points: 
  • Tricon Residential Inc. (NYSE: TCN, TSX: TCN) ("Tricon" or the “Company”), an owner, operator and developer of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, released its annual sustainability report today.
  • The report is a comprehensive review of the Company’s progress toward its five strategic sustainability priorities: Our People, Our Residents, Our Impact, Our Governance and Our Innovation.
  • “I am incredibly proud to share our annual sustainability report, which highlights our commitment to responsible business practices and showcases how Tricon’s best-in-class resident experience is deeply intertwined with our sustainability program,” said Gary Berman, Chief Executive Officer and President of Tricon.
  • The full 2023 Sustainability report, a summary digest version, and our 2023 Sustainability performance scorecard are available on Tricon’s website at www.triconresidential.com/about/sustainability/ .

Continental Celebrates Expansion of Tire Headquarters Campus in South Carolina with Open House

Retrieved on: 
Thursday, March 21, 2024
Green Technology, Automotive Manufacturing, Other Transport, Manufacturing, Environment, Transport, Automotive, EV, Electric Vehicles, Sustainability, Interior Design, Architecture, Commercial Building & Real Estate, Construction & Property, Alternative Energy, Energy, Transportation, General Automotive, Tires & Rubber, Travel, Biophysical environment, LEED, Continental AG, Motorcycle, VOC, Social responsibility, Tire, Nature, Certification, Commerce, Gold, Music recording certification, Building, Multimedia, LED, Tourism

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    “Another great moment for Continental and for the State of South Carolina,” said Jochen Etzel, CEO Continental Tire the Americas.
  • The U.S. is a strategic growth market for Continental and particularly for our Tire business.
  • Continental delivers top performance for more than 150 years and is one of the world’s largest tire manufacturers.
  • Continental's tire division employs more than 56,000 people worldwide and has 20 production and 16 development sites.

Global Sustainable Data Center Market Sees Notable Growth with Increased Focus on Renewable Energy and Efficient Cooling Solutions - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 20, 2024
Data Management, Other Energy, Environment, Technology, Sustainability, Alternative Energy, Energy, PUE, Building material, Bed, Meta, Research, AWS, LEED, UPS, Paris Agreement, Government, Renewable energy

The "Global Sustainable Data Center Market - Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Sustainable Data Center Market - Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • These initiatives have been instrumental in propelling the Latin American market towards greener data center solutions and are anticipated to make significant strides by 2030 as facilities shift to rely solely on renewable energy sources.
  • The report's geographic analysis reveals that Western Europe and Nordic countries are leading in the adoption of renewable energy sources for data center operations.
  • The electrical and mechanical infrastructure segments are also spotlighted for their role in supporting market growth through the deployment of modern, eco-friendly solutions.

Imelda Barnhurst Becomes New Owner of Gienapp Architects

Retrieved on: 
Wednesday, March 13, 2024
Architecture, Commercial Building & Real Estate, Construction & Property, Building Systems, Urban Planning, Landscape, Interior Design, Residential Building & Real Estate, WBE, NCARB, Certification, Illinois Institute of Technology, AP, Iowa State University, Norwood Town Hall, National Council, American Institute, Harvard University, AIA, Georgia Tech, Boston Society of Architects, LEED, U.S. Green Building Council

Gienapp Architects , a premiere North Shore-based architecture firm, announced today that Vice President Imelda Barnhurst has become the firm’s new Owner and Principal, while Founder Dale Gienapp will remain involved with the firm.

Key Points: 
  • Gienapp Architects , a premiere North Shore-based architecture firm, announced today that Vice President Imelda Barnhurst has become the firm’s new Owner and Principal, while Founder Dale Gienapp will remain involved with the firm.
  • Imelda Barnhurst, AIA, LEED AP BD+C, MCPPO, NCARB, joined Gienapp Architects as an Architect and Project Manager in 2009 and was promoted to Vice President in 2022.
  • “I am honored to begin this new role as Owner and Principal of Gienapp Architects, one of the premiere architecture firms in the state,” said Imelda Barnhurst.
  • “I will work to grow Gienapp Architects’ presence and influence across Massachusetts and I look forward to continuing to expand upon the legacy that Dale Gienapp has built for nearly 25 years.”
    “I am excited for Gienapp Architects to enter a new era that is fueled by new skills, capabilities, and a fresh vision,” said Dale Gienapp, Founder of Gienapp Architects.

ADA Forsyth to Relocate to 100 Chestnut in Somerville in January 2025

Retrieved on: 
Wednesday, March 13, 2024
Health, Commercial Building & Real Estate, Dental, Construction & Property, Research, Science, Faculty, Organization, The Forsyth Institute, DDS, Patient, Public, City, History, Doctor of Philosophy, Life, Gensler, Kendall Square, Ecosystem, Creativity, MBTA, LEED, Research institute, Economic development, AFI, NRL, Development, Management

The ADA Forsyth Institute (AFI), a global leader in oral health research and innovation, announced today that it will relocate to Somerville, MA in January 2025.

Key Points: 
  • The ADA Forsyth Institute (AFI), a global leader in oral health research and innovation, announced today that it will relocate to Somerville, MA in January 2025.
  • In 2025, all research facilities for ADA Forsyth will be centrally housed in the new Somerville, MA location.
  • "We're thrilled to welcome ADA Forsyth Institute to 100 Chestnut in Somerville.
  • The City of Somerville and the Brickbottom district are very fortunate to have an organization of AFI’s caliber join the neighborhood.”

CONAM Strategic Investments Fund IV Announces The Purchase Of Skylar Grand

Retrieved on: 
Monday, March 11, 2024
Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, REIT, Landscape, BBQ, Certification, Moda Center, Culture, Environment, Willamette Greenway, LEED, Coffee, Air conditioning, Acquisition, SF, Restaurant, Burnside Bridgehead, Oregon Employment Department, Gold, Willamette River, Multimedia

CONAM Strategic Investments Fund IV LP, a discretionary fund sponsored by The CONAM Group (CONAM) , is pleased to announce the purchase of Skylar Grand , a 170-unit Class A multi-family community with 5,698 SF of retail in Portland, Oregon.

Key Points: 
  • CONAM Strategic Investments Fund IV LP, a discretionary fund sponsored by The CONAM Group (CONAM) , is pleased to announce the purchase of Skylar Grand , a 170-unit Class A multi-family community with 5,698 SF of retail in Portland, Oregon.
  • This property adds to CONAM’s portfolio within Portland and is the first deal in Fund IV.
  • We are pleased with the acquisition of Skylar Grand as the first deal in our Fund IV, it compliments our portfolio well as we own two assets within 1-mile of Skylar Grand,” says Robin Elihu, CONAM’s Western US Acquisitions Director.
  • Looking forward, CONAM continues to evaluate opportunities that align with our investment strategy in Fund IV.