FPA Multifamily Joins the Urban Land Institute’s Greenprint Center for Building Performance

For more information, contact Trish Riggs, 202-679-4557; trisha.riggs@uli.org

WASHINGTON (November 1, 2019) – FPA Multifamily, a privately held real estate investment company that specializes in acquisition, development and asset management, has joined the Urban Land Institute’s Greenprint Center for Building Performance (Greenprint). Greenprint is a worldwide alliance of the foremost real estate owners, investors and financial institutions committed to improving the environmental performance of the global real estate industry, with a particular emphasis on reducing energy consumption and carbon emissions.

Founded in 1985, FPA Multifamily has completed over $13.6 billion in transactions. Using institutional private equity for apartment investments, the company operates a portfolio of approximately 35,000 apartment units valued at $5.9 billion. The National Multifamily Housing Council has named FPA Multifamily a Top 50 Apartment Owner every year since 2015.

“We’re thrilled to be joining the group of industry leaders at ULI’s Greenprint Center in order to share best practices, troubleshoot, collaborate and help shape the future of sustainable real estate,” said Kylie Flanagan, director of environmental, social, and governance at FPA Multifamily. “It’s important for FPA Multifamily that our ESG (environmental, social and governance) efforts are not happening in a silo but are part of a larger industry-wide and global conversation.”

The cumulative holdings of Greenprint members total over 10,000 properties in 32 countries with a value of more than $750 billion. Greenprint members are at the forefront of efforts to reduce the carbon footprint of buildings and increase asset values by incorporating sustainability into all aspects of development and building operations. With demand rising from investors and tenants for environmentally conscious space, Greenprint members are raising the bar for high-performing, sustainable buildings.

FPA Multifamily is joining existing Greenprint members Boston Properties; CenterPoint Properties; BlackRock; CalPERS;  Clarion Partners; CommonWealth Partners; DWS; FCP; GID; GLL Real Estate Partners; Granite Properties; Heitman; The Howard Hughes Corporation; Jamestown Properties; Jones Lang LaSalle; Kilroy Realty; LaSalle Investment Management; LendLease Americas; Morgan Creek Ventures LLC; Parkway Properties; PGIM Real Estate; Prologis; Rudin Management Company, Inc.; Savanna; SL Green; Sonae Sierra; Tishman Speyer; The Net Group; 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. Through measurement, benchmarking, knowledge sharing, and the implementation of best practices, Greenprint and its members strive to reduce greenhouse gas emissions by 50 percent by 2030. Greenprint is a research center within the ULI Center for Sustainability and Economic Performance, which also oversees ULI’s Urban Resilience Program and the Building Healthy Places initiative. For additional information, visit uli.org/greenprint.

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