Top Stories   JANUARY 2010 Developer Closes $40M Round of Private Equity Green Fund The limited partners are Taft-Hartley pension funds, which largely cover workers in metro areas. Full story   Low-Carbon Investor to Develop World’s Greenest Parking Facility The firm has been acquiring resources in pursuit of a consulting and investment strategy, targeting real estate and other green businesses. Full story   U.S. Bank Leads Syndication of $90M Green Condo Loan The secured financing will enable a veteran Seattle developer to move forward on a hotel and condo development for up to two years. Full story Foundation Funds Responsible Property Investment Center The $200,000 grant will help the center develop an RPI Index. Full story Ceres Report Highlights Efficiency’s Importance for Real Estate Investing and Climate Change There are untapped reserves of efficiency gains buried in many real estate holdings, says the report. Full story California Agency Denies Permit to Top Eco Resort The commission ignored a Superior Court order to rehear the revised plan, seeking instead to set aside the 39-acre beachfront site as open space. Full story European Green City Index A research firm evaluated the 30 cities in eight categories: CO2 emissions; energy; buildings; transportation; water; air quality; waste and land use; and environmental governance. Full story     DECEMBER 2009 JV Focus on Public Sector and P3 Opportunities to Emphasize Smart Growth and Green Construction U.K. Venture Firm Launches Sustainable Property Fund   Carrier-Bank of Beijing to Partner on Greening China Real Estate Nation’s Oldest Buildings Are Prime Candidates for Green Retrofits Former JLL Energy Head Joins AT&T Property Group IBM Launches Sustainable Property Services Unit   Lodging Group Introduces Green Hotel Prototype   NOVEMBER 2009 Asset Manager Closes Final Round of Green Property Fund The $10 million round was raised from an unnamed institutional investor. With over $200 million in commitments, the U.S.-based fund will focus largely on greening up existing properties in U.S. gateway markets. Full story   Rose Smart Growth Fund I Completes Fundraising The parent firm, which is looking to expand its investment platform beginning next year, has identified two areas of investment that are yielding positive results in the current market. Full story   Bond Program for Commercial Building Energy Retrofits Closes Series A Round The financial firm closed an eight-figure venture round to expand a program making it easier for commercial property owners to improve energy efficiency. Full story   Group Seeks Financial Partners for Green Data Centers A non-profit and a big-name developer are seeking venture funds to build a company to take energy-hog data centers off the grid. Full story Investors Orbit Large Mixed-Use Development with Strong Fundamentals Strong demand and a supply shortage of select product types, combined with high barriers to entry, are driving investors to look closely at this New England-based deal. Full story $1B Lending Platform Launched for Multifamily Energy Retrofits Big banks, pension funds, and state and city agencies are behind this ambitious program, which could become national. Full story Triple Bottom Line Fund Weighs Off-Market Sale of Entitled Land Launched at the height of the housing boom, the project is master planned for job growth and economic development. In the changed market, the owner would consider selling to a buyer with an alternative use acceptable to those objectives. Full story   Strong Growth Seen for Green Retrofit Market By 2014, the market for green building retrofit products and services is expected to jump from $2-4B to $10-15B. Full story     OCTOBER 2009 Group Closes 2nd Round of $150M Acquisition Green Fund With a market correction well underway, the investment group believes the time is right to acquire prime assets in the U.K at below replacement cost, with an eye toward improving energy efficiency. Full story European Firm Launches $300M Green Construction Fund The private fund will use very low leverage to acquire shovel-ready project that are 60-80% pre-leased. In four to five years, it plans to seek a listing on the country’s stock exchange. Full story Community Fund Embraces Sustainable Property with New Business Loan The non-profit vehicle will launch a regional pilot loan program for small and mid-size owners. Funded with New Markets Tax Credits, the program is looking to team up with partners and investors. Full story Property Assessed Clean Energy Finance Gets National Push Loans for energy improvements would be provided through cities and paid back through a property tax surcharge. The incentive: annual savings from improved energy efficiency is greater than the tax. Full story Tracking Service Launched for European Market The new ongoing survey will track asset managers’ awareness, adoption, plans and spending on green building technologies. Full stor     Get a ONE-MONTH FREE TRIAL   Already had a free trial? Subscribe today. Annual subscription includes complete archive of back issues For subscription and advertising information discounts, please call 818-665-6180 or email us at inquiries@greenrealestatenews.com                                                           Copyright    © 2009 Green Real Estate News. An information service of Green Real Estate Media, LLC