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The Urban Land Institute (ULI) Greenprint Center for Building Performance, a worldwide alliance of leading real estate owners, investors and financial institutions committed to reducing carbon emissions across the global property industry, has announced the addition of Goldman Sachs, Argosy Real Estate Partners, and ACRE (Asia Capital Real Estate) as members.

Goldman Sachs is one of the world’s leading investors in alternative investments. With over 30 years of experience, they invest in the full spectrum of alternatives, including private equity, growth equity, credit, real estate, infrastructure, ESG, and absolute-return strategies. Their clients access these solutions through their direct proprietary strategies, customized strategic partnerships, and open-architecture programs. Their alternative investment teams represent over 1,000 professionals, across 31 offices around the world. They leverage the depth and breadth of global relationships across Goldman Sachs to identify investment opportunities, drawing on their firm-wide capital market insights, industry research, and risk management platforms. They extend these capabilities to the world’s leading pension plans, sovereign wealth funds, governments, financial institutions, endowments, foundations, family offices and individuals, for which they invest or advise on over $300 billion of alternative investments.

“As real estate investors, we know how critical it is to have a framework for addressing ESG,” said Joseph Sumberg, Managing Director, Goldman Sachs. “It can help mitigate risk, increase profits, and create alpha, while also producing positive results for communities and the environment. We are excited to collaborate with like-minded real estate professionals to engage in thoughtful conversations about how to normalize the adoption of a sustainable mindset and ESG programs more broadly in real estate.”

Argosy Real Estate Partners specializes in opportunistic, value-add, core-plus and Opportunity Zone strategies in the lower middle market. Through joint venture structures, Argosy Real Estate Partners invests with operating partners who possess substantial market knowledge and a demonstrated track record to create a portfolio diversified by asset class and geography. The firm currently manages six fully discretionary, commingled closed-end funds and has an investor base of institutional investors, family offices, and high net worth individuals.

“Argosy Real Estate is excited to join the ULI Greenprint community,” said Sara Doelger, Principal and ESG Manager. “We believe in the importance of ESG, sustainability and best practices in real estate investing.  We recognize that we are on a journey of continual improvement to reduce the environmental impacts of buildings while using smart design to enhance asset values and create better living and working environments.  We look forward to collaborating with our peers through the ULI Greenprint community.”

Founded in 2011, ACRE is a global real estate private equity firm managing capital for institutional and family office investors through a series of private equity and debt funds with AUM exceeding $1.8 billion. A specialist investor in multifamily housing with a vertically integrated platform, ACRE’s strategies focus on direct real estate equity and credit investments and are concentrated in the United States, with additional properties currently in development in Southeast Asia and the United Kingdom. Since inception, ACRE has acquired, operated, developed and made loans on over 22,000 apartments across 75 properties and 31 cities.

“The ULI Greenprint’ss mission to cost-effectively reduce energy, water use, waste generation and greenhouse gas emissions through the establishment of achievable environmental goals for the global real estate industry is something that we are passionate about at ACRE,” said Co-founder and Partner Michael Van Der Poel. “Because we believe that lasting value is created by investing not just in physical properties, but in the people and communities who inhabit them, environmental sustainability is paramount to our global mission to deliver strength, stability, and global reach for our investors. We’re thrilled to join ULI Greenprint to help build a future of which we can all be proud.”

The new Greenprint members join existing members Allianz; AXA; BlackRock; Boston Properties; Brookfield Properties; CalPERS; CenterPoint Properties; City Developments Limited; Clarion Partners; CommonWealth Partners; Crescent Communities; DWS; FCP; FPA Multifamily; GID; Goldman Sachs; Granite Properties; Grovesnor Americas; Heitman; The Howard Hughes Corporation; Hudson Pacific Properties; Jamestown Properties; JBG Smith; Kilroy Realty; LaSalle Investment Management; LBA Realty and LBA Logistics; Lendlease Americas; Macquarie Infrastructure and Real Assets; Morgan Creek Ventures LLC; Multigreen; Nuveen; NEO Property Management Incorporated; Parkway Properties; PGIM Real Estate; Prologis; Rudin Management Company, Inc.; Savanna; Skanska; SL Green; The Green Cities Company; The Tower Companies; Tishman Speyer; and Zurich Alternative Asset Management.

About the ULI Greenprint Center for Building Performance
The ULI Greenprint Center’s mission is to lead the global real estate industry towards improved environmental performance, focusing on energy efficiency and reduced carbon emissions. Greenprint is a member-driven organization that achieves its goals through measurement, action and education.

Greenprint’s flagship product is the Annual Performance Report: the international scope and size of the report makes it one of the real estate industry’s largest, most transparent and comprehensive environmental benchmarks. The report is a consolidated view of participating properties, detailing their energy, water and waste performance by geography and asset class, while also showcasing project profiles achieving those savings and highlight trends driving the sustainability market forward. For additional information, visit uli.org/greenprint.