VALUE-ADDED SERVICES
LEGAL/REGULATORY
Green Edge is uniquely positioned to help you UNDERSTAND, ASSESS and MITIGATE the legal and financial risks associated with the tidal wave of Green Building regulatory changes that have swept the United States. We will also help you transition from traditional real estate relationships and documentation
to
those which embrace and facilitate sustainability, while mitigating the risks associated with this evolving landscape.
Green Leasing Track
Greening the Commercial Lease:
Given the mandates and incentives for sustainability in most jurisdictions throughout the country, the opportunity exists to transform the landlord-tenant relationship into a profitable partnership for sustainability. The document governing this partnership is a “green” lease which facilitates the sustainable construction, operation and renovation of real estate. Green Edge can help you avoid the negative financial and legal implications of 5, 10 or 30-year lease agreements which do not factor in the responsibilities, costs and benefits of sustainability.
Incorporating LEED Requirements into Leases:
Whether you are the landlord or the tenant, Green Edge will make sure that your lease agreements facilitate and encourage LEED certification, ranging from New Construction requirements to Commercial Interiors requirements. We will make sure that construction and operational issues are addressed so that no LEED credit is jeopardized as a result of leasehold mandates, prohibitions or obligations.
Green Practitioner Track
Greening Your Real Estate Relationships and Documents
Development Agreements
This refers to performance-based contracting opportunities for owners, architects, engineers and other members of the development team. Green development agreements appropriately allocate risk and reward for sustainable results, such as LEED certification and energy conservation. Green Edge will help you make sure that your development agreements appropriately allocate risk and responsibility for performance based results.
Loan Documents
The issues that are not addressed in traditional loan documents that are pertinent to today’s real estate environment include increasing energy prices, looming water shortages, failure to achieve LEED certification and governmental mandates and incentives that are tied to Green Buildings. Make sure that your loan documents address these issues and provide for restoration to current sustainability standards.
Service Agreements
Progressive third party management agreements are another area of partnership opportunity. Incentives, data collection, benchmarks and performance-based compensation are some of the issues to be considered when implementing sustainability initiatives. Green Edge will make sure that your property management companies, energy providers and others who are responsible for the day-to-day operation of your properties have the proper incentives to produce green results.
Navigating The New Green Building Regulatory Landscape
The Green Building regulatory landscape changes daily! Who in your organization is keeping track of these changes? As greater levels of sustainability are increasingly mandated throughout the country, Green Edge can help you ensure that you are not caught off-guard by this changing regulatory landscape. Our team of experts can help your organization appropriately evaluate climate change risk in making development and investment decisions. Green Edge will work with you to make sure that the sustainable features of your development and renovation projects facilitate a smooth entitlement process and reduce the likelihood of community resistance, delays and litigation.
Legal/Regulatory
Financial/Capital
Technical/Scientific/Engineering
Marketing/Branding/Communication