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Asset Management S

Sustainability

Also known as: Sustainable Development

Sustainability considers present and future needs together, including environmental, social, and economic effects.

Sustainability considers how to meet present needs while preserving the ability of future generations to meet theirs. It connects environmental protection with human well-being and economic viability over time.

For property decisions, that perspective means considering environmental, social, and economic effects together. Describing a project as sustainable does not by itself establish a measured outcome or a particular building certification.

Source: U.S. EPA: Sustainability and the Report on the Environment.

Frequently Asked Questions

Is sustainability only about reducing energy use?

No. Energy is one consideration. Sustainability also considers environmental conditions, human well-being, and economic effects over time.

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Related Terms

  • Utility Expense Benchmarking (ENERGY STAR)
  • Asset Management
  • Capital Expenditure (CapEx)

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Asset Management

Strategic oversight focused on financial maximization, capital allocation, risk management, and long-term asset value growth for property owners.

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Asset Repositioning & Adaptive Reuse

The strategic redevelopment and physical conversion of obsolete real estate into alternative commercial, residential, or mixed-use assets.

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Build-to-Rent

Build-to-rent is housing constructed with the intention of renting the completed homes.

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Capital Expenditure (CapEx)

Long-term investment funds used to improve, replace, or add major physical property assets that are capitalized rather than expensed immediately.

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Capital Expenditure Reserve Analysis

Financial modeling calculating annual cash reserves needed to fund anticipated roof, paving, and mechanical replacements over a 30-year lifecycle.

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