Schuster Group Launches $100 Million Green Build Investment Fund
I love finding headlines like this one Investors cash in on green buildings because it just highlights the fact that, in addition to being better for people and the environment, green can be profitable.
Schuster Group, a Seattle-based real estate development and investment firm, have launched a $100 million private real estate investment fund aimed at projects that use only the highest green building standards.
In the US, the highest green building standards correlate with the US Green Building Council’s LEED (Leadership in Energy and Environmental Design) program. Schuster’s latest project, Mosler Lofts, is on its way to getting a “Silver” LEED-certification and almost all of the 150 units were sold upon the building’s opening last October. And they look absolutely gorgeous from what I’ve seen, can’t wait to see what these guys are up to next.
What do you think about Schuster’s fund?
