LEED Certification – Sustainability and Benefits to the Bottom Line

A senior vice president with BPM Real Estate Group in Portland, Oregon, Barclay Grayson oversees a diversified portfolio spanning commercial, multifamily, and office holdings. Committed to reducing costs and the company’s carbon footprint, Barclay Grayson and his Portland team have achieved Leadership In Energy and Environmental Design (LEED) certification on a number of projects.

With the US Green Building Council handling the certification process, LEED programs exist across a wide range of categories, from single-family residences to entire urban areas. The programs cover new construction as well as existing buildings that owners want certified for management and operations purposes.

The current iteration is LEED v4.1, which was introduced in 2018 and updated the program in ways that reflect emerging sustainability issues, with a focus on material use. In addition to traditional areas of LEED credits, such as water conservation and energy efficiency, elements taken into consideration include waste reduction, site selection, and even how natural light is used.

LEED certification is not only a proven pathway to both good public relations and energy conservation; it can also generate significant tax credits. An added benefit is that local municipalities are often more willing to approve projects that can attain LEED certification.

Meet the Money – Conference Focuses on Hotel Financing and Investment

Based in Portland, Oregon, Barclay Grayson is the senior vice president of BPM Real Estate Group, where he oversees a wide range of acquisitions, divestitures, and ground-up developments in markets ranging from multifamily to commercial properties. Actively involved in the professional community in Portland and beyond, Barclay Grayson has attended the Meet the Money conference, which focuses on the hotel investment and finance markets.

Coordinated by hotel attorneys at JMBM’s Global Hospitality Group, the well-attended event annually brings together hotel investors, owners, operators, and developers, as well as lending parties. Topics covered span the entire breadth of equity and debt capital when it comes to selling, purchasing, and developing hotel properties.

Presentations at the 2019 event in Los Angeles were delivered by a member of the Lodging Industry Investment Council, as well as by representatives of financial entities, such as Citigroup and CleanFund.

One presentation featuring the insights of operators, such as Hyatt Hotels Corporation and Interstate Hotels & Resorts, was titled, “Select Service Still Everyone’s Favorite? Where Does it Go from Here?” Another presentation during the three-day conference featured a team of lawyers and addressed “Legal Hotspots: The Essentials Every Hotelier Should Know.”

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