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This Week's Most Popular

Banks Cultivate Green Loans

Published Monday, June 02, 2008

In San Francisco, Houston and across the country, a handful of community banks and even some of the nation’s largest lenders are discovering a growth area in construction loans and mortgages for sustainable commercial real estate. Green-building loan programs vary, but all offer borrowers the opportunity to seek funding from loan officers who understand both the challenges and financial benefits attainable through environmentally responsible design. “There’s absolutely an interest nationwide in green-building oriented lending,” says Marc Heisterkamp, manager of corporate investment real estate at the U.S. Green Building Council. “About a year ...

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