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Here’s How CRE Developers are Taking Sustainability into Account

Sustainability in the real estate sector affects a large amount of companies. Sustainability is often referred to in residential real estate, with topics such as rain water harvesting, energy alternatives and recycling surfacing, but commercial real estate value can also be enhanced with sustainability efforts. Here’s how CRE developers are taking sustainability into account.

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Nearly 500 Property Owners Miss Deadline For Soft Story Building Retrofits

The owners of nearly 500 “soft story” buildings missed a city deadline Friday to apply for permits to do seismic retrofitting work, a San Francisco building department official said on Monday.

Out of the 3,464 buildings required to get permits to start seismic improvements by last Friday, 484 are still out of compliance, according to Department of Building Inspection spokesman Bill Strawn.

Read more from Hoodline

Why Passive Investing In Commercial Real Estate Is A Smarter Strategy Than Single Family Rentals

One of the most common ways I have seen investors invest in real estate is to purchase and operate one or more single family houses as rentals. It’s a logical approach for many investors as it’s a process they understand, having purchased their own home. In addition, owning a second home can be attractive as the purchaser has likely witnessed the equity in their home grow over time.

However, for investors seeking a more diversified and balanced approach to real estate investing, they may be better off rethinking this strategy and, instead, opting to build a portfolio of passive commercial real estate investments.

Read more from Forbes