Multifamily Real Estate Insights Podcast
The Real Estate Multifamily Insights Podcast is your trusted source for news, strategies, expert interviews, and actionable tips to grow your wealth through multifamily real estate, in Canada and beyond. Hosted by seasoned investor Sandy Mackay.
Energy Efficiency in Multifamily Housing and Adams Morgan Redevelopment Trends
In this episode, Sandy MacKay delves into the significance of energy efficiency in multifamily housing, highlighting Duke Energy Florida's incentive program. Melissa Seixas joins the discussion to emphasize the importance of builder incentives and requirements in promoting energy-efficient developments. Steve Cervino provides insights into the benefits of ENERGY STAR-certified homes and how these align with existing programs. The episode also explores a redevelopment project in Adams Morgan, alongside current multifamily trends across North America. Sandy wraps up the discussion by summarizing the key insights and their implications for the multifamily real estate sector.
Key Points
- Energy-efficient multifamily housing developments in Florida are being incentivized by Duke Energy Florida's program, offering up to $1,000 in savings per unit for builders meeting ENERGY STAR standards.
- The redevelopment of a multifamily building in Washington, D.C.'s Adams Morgan neighborhood through a Tenant Opportunity to Purchase Act deal highlights the trend of urban renewal and the demand for multifamily housing.
- Similar to trends in the U.S., Canadian cities like Hamilton and Toronto are experiencing growth in multifamily housing developments, driven by the need to accommodate population increases and enhance urban living.
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Transcript
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