National RE Investment & Management Firm Sets New Bar on How to Develop Multi-Family Sustainably and Profitably

National RE Investment & Management Firm Sets New Bar on How to Develop Multi-Family Sustainably and Profitably

Takes home first place in most prominent award for ESG, Achieving 100% carbon neutrality for two straight years, a GRESB score of 86 and more 

NEW YORK and WEST PALM BEACH, Fla. , April 13, 2023 /PRNewswire/ — The Dermot Companya national real estate investment and management company with an extensive portfolio of multifamily properties spanning from New York to Florida, just received the prestigious ‘PREA Emerging Manager ESG’ award. The award was announced at the 2023 PREA Spring Conference. The annual executive-level thought leadership event focuses on institutional investments portfolio in real estate, and The ESG program and awards are produced by the Pension Real Estate Association (PREA). 

“We are proud to be recognized for being at the forefront of ESG within real estate investing; thank you to the Pension Real Estate Association for this honor. We also want to thank all of our partners, including: PGGM, Affinius Capital, BentallGreenOak , Principal Real Estate, Nuveen Real Estate, State Street Global Advisors, Goldman Sachs, Rockwood Capital, Lasalle Investment Management, PNC Advisors, Patrinely Group, Hamilton Lane and The Accord Group, who have all supported us in our ESG efforts,” said Stephen Benjamin, managing partner, and CEO of The Dermot Company.

Since the commencement of the company’s ESG program in 2018, The Dermot Company has captured, benchmarked, and monitored building performance data, standardized best practices and strategies through portfolio-level plans and policies, adopted company-wide social and governance initiatives, maintained ongoing improvements in property energy consumption, established long-term goals, implemented energy-efficiency capital improvements, integrated its ESG policies into its value-add investment business, and identified a substantial list of opportunities for further improvement.

The Dermot Company considers ESG initiatives to be an integral part of its business model and a key tenet of its brand promise – working closely with their investors, tenants, customers, vendors, and other stakeholders to ensure goals are met through each phase of their program. Highlights from their ESG program includes achieving a GRESB score of 86 out of 100; achieving 100 % carbon neutrality for two straight years; further evolving a DE&I strategy and framework to benchmark and advance its diversity and inclusion priorities; and advancing Dermot’s EOS Club, its in-house resident engagement & lifestyle team.

For more information on The Dermot Company’s ESG program click here

Media Contact
Rachel Margolin
C: 914-649-4133
E: [email protected] 

SOURCE The Dermot Company

Originally published at–management-firm-sets-new-bar-on-how-to-develop-multi-family-sustainably-and-profitably-301795944.html

business banners

Latest posts

Mental Health Television Network (MHTN) Expands Reach with Launch on Netgem in UK and Ireland

ORLANDO, FLORIDA, USA, May 8, 2024 / -- Mental Health Television Network (MHTN), the groundbreaking media platform focused on mental...

Victors Home Solutions and Habitat for Humanity Team Up to Help Local Veteran

Victors Home Solutions and Habitat for Humanity are providing a new roof for Kevin Hill, a coast guard veteran of six years and Detroit...

Studio Supreme’s movie “Kite” to Screen at the 2024 Malibu Film Festival

Kite directed by Olivier Hero Dressen and produced by Camilla Wang. Official Selection at Malibu International Film Festival Caught in a...

Retired Sergeants Return to Department as Investigative Specialists

Within the Miami-Dade Police Department's Personnel Management Bureau, Ms. Dorothy Dorsett and Mr. James Dixon serve as investigative specialists. Their responsibility is to conduct...

Miami-Dade County Files Response to the City of Miami Petition

On August 9, 2021, Miami-Dade County filed its response to the City of Miami’s appeal in the Coconut Grove Playhouse case to the Third...

Discovery of The Newest Way Malicious Competitors Can Steal Businesses’ Local SEO

Newest Way Malicious Competitors Can Steal Your Local SEO Malicious competitors can use Google Business Profile to steal SEO by suggesting...

Kensington Vanguard Expands to Chicago

NEW YORK, May 7, 2024 /PRNewswire/ -- Kensington Vanguard National Land Services ("KV"), one of the largest independent, full-service national title insurance agencies in...
celebrity reality tv