Our proprietary investment model includes equity investment and bringing the project to sustainable and environmentally friendly standards. This includes LEED, or its equivalent standards and certification, depending on the jurisdiction. This encompasses equity co-investment in new real estate project development, potential additional construction financing and,
through licensed technology, we bring the project proprietary energy generating glass curtain walls and windows at a discount. There is no premium cost to the project for this technology as there are incentives and we provide additional discounts or "subsidies". This is recouped by our investment group from the revenue generated from these energy generating curtain walls and windows. This is very unique as not many, if any at all, have this technology and investment mode. The project realizes an economic improvement as a result especially with incentives such as 179D and 45L. In addition, the development is able to acquire a higher value premium facade without any additional CapEx (this also increases the property value and in many jurisdictions this does not increase the property tax). The sustainability and environmental improvements are additional benefits that accrue to the development without increasing capital expenditures.
A key component of this is the licensed technology that produces the renewable energy. This creates a glass curtain wall or glass window system that generates clean energy. This is based on a nanotechnology that is co-infused within the window system. The glass looks like any ordinary glass and is visually clear...hence it looks like any ordinary clear window.
It is not just partially clear or semi-transparent.
The system allows the glass to include all types of different designs that can include various levels of tints and transparencies, smart glass, and all other types of designs and specifications.
This is not like other products which includes spray, films, or coatings or are just semi-transparent. Those products have various drawbacks.
This is a complete renewable energy generating window system.
By creating a LEED certified building, we can improve the financial performance of the project. Numerous studies have shown the economic improvement. A CBRE study of 20,000 US office buildings showed buildings with better sustainability credentials achieved 31% higher rents than less-sustainable buildings. A JLL study of London offices found that more sustainable ones had vacancy rates 13 percentage points lower than peers: 7% versus 20%. For multi-residential there are numerous other studies and factors that likewise improve the financial performance.
It is clear that end users, whether in residential or offices, are looking for buildings that are responsible, energy efficient and takes the environment and other factors into consideration. It is also very good business to do so.
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