This presentation summarizes research conducted in 2009 on the characteristics of multifamily apartment properties that registered and became certified for LEED status as of late 2008/ early 2009. (Cover art by Ross Schmidt)
14. RESEARCH QUESTIONS
Which specific areas of the LEED certification process
do multifamily properties differ from other property
types?
Is there an association between areas with extreme
temperatures and the certification/registration of green
properties? If so, does this association become less
significant over time as LEED certification becomes
more commonplace?
Does green multifamily building occur in areas that are
considered high-priced?
15.
16.
17. Median Gross Rent - Green
Building
$ 715.41
Median Gross Rent - Citywide
$ 645.75
N
216
t-Value
3.426
Sig.
0.001
18. IMPLICATIONS, LIMITATIONS,
AND SUGGESTIONS FOR
FUTURE
Potential bifurcation of rental market
Possible implications for property managers
Image problem for “non-green” multifamily developers
Conundrum for appraisers of apartment buildings
Potential exists for surveys gauging satisfaction and
perception of green residences by occupants