Fund Invests $650M In Emerging Market for Green Retrofits of Aging Buildings

A business consortium has announced the largest single private-sector investment to date in commercial property energy retrofits and upgrades, providing new impetus to the promise of green technology to create jobs and help jump start the economy.

The announcement by the consortium formed by British billionaire entrepreneur Richard Branson that it will provide up to $ 650 million for retrofit projects in Miami-Dade County, FL, and Sacramento, CA…
National Commercial Real Estate News From CoStar Group