NATIONAL ASSOCIATION OF REAL ESTATE INVESTMENT MANAGERS
GOING SOLAR—or installing a solar array on a rooftop,
carport, or surrounding land of a property—is appealing to many
real estate owners but has been difficult to justify from a fiduciary
perspective. Even when there is an attractive return on a solar
investment, real estate fund managers often cannot justify the
upfront cost because of the impact it would have on financial
metrics. However, a combination of record low solar prices and
financial structures that can remove the upfront cost has made
it possible to increase property incomes at minimal cost and risk.
These market disruptions have created an opportunity for real
estate fund managers to create stronger property fundamentals
while also responding to environmental requests made by
tenants and institutional investors.
SOLAR
GOING
Mike Bendewald,
Manager, Rocky Mountain Institute
ENHANCING PROPERTY
INCOME AND VALUE
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NATIONAL ASSOCIATION OF REAL ESTATE INVESTMENT MANAGERS
