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Author(s)

Denise Akason

William Michael Bennett

Louis Merlini

The case puts students in the position of a young analyst working for a Chicago-based student housing developer. The premise is that the analyst, Tricia, must prepare a report for the firm's partners detailing her recommendations regarding a variety of green upgrades for a potential value-added acquisition project. The redevelopment project is based on two multifamily student housing redevelopment projects in Denton, Texas (led by Iconic Development). The case focuses solely on the operating expense reduction that took place at the property and does not address potential changes to property revenues.

Date Published: 02/19/2010
Discipline: Real Estate
Key Concepts: Green Building, Green Real Estate, Sustainable Real Estate, Sustainable Development, Green Development, Green Retrofitting, Sustainable Property, Sustainable Retrofitting, Retrofitting Existing Buildings, Greening Existing Buildings, Sustainable Multifami
Citations: Akason, Denise, William Michael Bennett, Louis Merlini. Financial and Environmental Impact Analysis of Sustainable Retrofitting. 5-409-752 (KEL430).