WashREIT says it has achieved certification on eight multifamily assets under BREEAM’s In-Use certification standard.
This is a significant milestone for both WashREIT and BREEAM, as it signifies the first set of multifamily assets to receive BREEAM certification in the U.S. WashREIT acquired the properties in 2019. They include a total of 2,390 units, spanning locations across Virginia and Maryland.
The company used BREEAM certification to bring these assets—most of which were built more than 30 years ago—to its sustainable standard. Half the properties certified earned a rating of “Very Good.”
“We’re focused on existing Class B assets, and historically, this asset class has lacked in sustainability investments. But residents and investors alike care about sustainability,” said Paul McDermott, president and CEO of WashREIT, in a news release. “As we work with BREEAM, our goal is to create opportunities for the industry and other operators to also find ways to invest in sustainable improvements and achieve ESG certifications for their assets.”
Related Stories
Coronavirus | Jul 20, 2020
Student housing amid the pandemic, infection control in buildings, and future airport design on "The Weekly"
Experts from Core Spaces, Bala Consulting Engineers, and Populous were interviewed in the July 23 streaming program from Horizon TV.
Mixed-Use | Jul 14, 2020
Apartments and condos occupy what was once a five-story car dealership
Wisznia | Architecture+Development designed, developed, and is managing the project.
Multifamily Housing | Jul 7, 2020
AEMSEN develops concept for sustainable urban living
The concept has been created for the redevelopment of the lots on the Barbizonlaan in Capelle aan den IJssel.
Multifamily Housing | Jun 29, 2020
New affordable housing development comes to the Bay Area
The two phase project will provide 100 affordable units total.
Multifamily Housing | Jun 23, 2020
11 tips on how to install EV charging stations in multifamily housing
A top sustainability expert gives the whys and wherefores of installing electric vehicle charging posts in your next multifamily enterprise.
Coronavirus | Jun 19, 2020
Experts address COVID-19's impact on nursing homes and schools on The Weekly
The June 18 episode of BD+C's "The Weekly" is available for viewing on demand.
Senior Living Design | Jun 11, 2020
COVID-19: An "outdoor living room" for senior living residents to safely visit with their families
Aegis Living creates a plexiglass-wrapped outdoor space for residents to sit while visiting with family members.
Multifamily Housing | Jun 10, 2020
60-unit independent senior living facility completes in Crystal Lake, Ill.
UrbanWorks designed the project.
Multifamily Housing | Jun 9, 2020
Two 56-story prefabricated towers will make up Singapore’s newest residential district
ADDP Architects designed the project.
Multifamily Housing | Jun 4, 2020
Roof hatches selected for infill townhomes in Miami’s Little Havana neighborhood
Townhome project in Little Havana, Miam, Fla., uses BILCO roof hatches for reliability, code compliance.
