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Oct 26, 2021
The Green Cities Company Announces the Acquisition of Vert
The Green Cities Company is pleased to announce their recent acquisition—Vert in Warner Center, CA. The property marks the sixth acquisition for Green Cities IV Value-Add Fund. The newly developed 277-unit apartment property was completed in August 2020. The developer completed the construction and leased-up the building during 2020-2021. Green Cities will continue to drive...
Aug 10, 2021
The Green Cities Company Leads with Innovation and Transparency in ESG Reporting
The Green Cities Company has created a broader and more inclusive platform to environmental, social, and governance (ESG) goals within our firm and a more transparent measurement system for our investors. The result, The Green Cities Index (GCI), is an innovative and unique approach to measuring material ESG impacts throughout our portfolio. Driven by the...
Jun 17, 2021
The Green Cities Company Announces the Acquisition of Apartment Building–The Estelle
The Green Cities Company is pleased to announce their recent acquisition—The Estelle in Los Angeles, CA. The property marks the fifth acquisition for Green Cities IV Value-Add Fund. The 61-unit apartment property was recently completed and built to condominium level finishes by the original owner, offering tenants high-end finishes, spacious floor plans and an expansive...
May 12, 2021
Bower Marks a New Phase of Transit-Oriented Infill Development in Boston
Designed by The Architectural Team, the two-tower complex counts ample train connections among its sustainable features. by James McCownMay 12, 2021 For the sports-crazed city of Boston, the new Bower residential complex might have the ultimate amenity: a view of Fenway Park, home of the Boston Red Sox, from the landscaped roof. “On game days,...
May 4, 2021
2020 Environmental and Community Impact Reports
Critical to our approach towards ESG is our own Green Cities Index, which measures the ESG performance of our asset, funds, portfolio and firm across a broad measurement standard incorporating environmental performance, health and wellness, social equity and climate change mitigation. This rigorous reporting is detailed annually in our own Environmental and Community Impact Reports....
Apr 28, 2021
Bower By The Architectural Team, Inc. (TAT)
Bower, a new mixed-use infill complex transforms Boston’s historic Fenway Park area into a connected, walkable, and vibrant neighborhood with housing and retail offerings, transit access, and public space. Among the most significant transit-oriented developments that Boston has seen in a generation, Bower is a valuable example for other cities where tangible quality-of-life benefits are the...
Mar 30, 2021
Managing Partner, Kelly Saito, Featured in Boston Common's April 2021 Issue
Mar 29, 2021
The Center for Active Design Recognizes Bower Nationally for its Best-in-Class Innovations to Enhance Occupant Health & Well-Being
BOSTON — Green Cities Company announced their recently completed Boston property, Bower, has been awarded the 2021 Fitwel Best in Building Health Award, its flagship recognition program that identifies buildings enhancing human health via Fitwel®, the world’s leading certification system committed to building health for all. With nearly 2,000 registered projects and more than 660...
Mar 25, 2021
The Green Cities Company Receives PREA ESG Momentum Award
Recognizes Fund’s Innovative and Industry-Leading Approach to Adopting ESG Principles PORTLAND, Ore. – Mar. 25, 2021 – The Green Cities Company (“Green Cities” or the “Firm”) a real estate investment management firm, today announced that its Green Cities Fund III has been selected as the winner of Pension Real Estate Association’s (PREA) inaugural ESG Momentum...
Mar 19, 2021
PBJ Interview: New name, renewed mission for Green Cities Co.
The company formerly known as Gerding Edlen went through a big change last year. With the possibility of a sale to a third party, four people — Kelly Saito, Molly Bordonaro, PatrickWilde and Brent Gaulke — emerged from within the firm to buy out its investment management arm. The deal went into effect in April....
Feb 11, 2021
The Green Cities Company Announces the Acquisition of Two Multifamily Assets—Strata and The Prescott
The Green Cities Company is pleased to announce two recent acquisitions—The Prescott in Portland, OR and Strata in Malden, MA. The properties are the first two assets to be acquired under the new firm name, The Green Cities Company, and reflect the firm’s ongoing strategy of investing in high quality assets with value growth opportunities...
Jan 7, 2021
Gerding Edlen Investment Management Announces Rebrand as The Green Cities Company
New Name Reflects Ongoing Commitment to Sustainability, Tenants and Communities
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