Tag: Zoning and Land Use

The Rise of ESG Regulations and Their Impact

Environmental, Social, and Governance (ESG) factors are no longer a niche concern; they’re rapidly becoming a cornerstone of commercial real estate investment and operations. New laws and regulations are pushing companies to disclose their ESG performance, impacting everything from energy efficiency standards in buildings to tenant screening practices. Investors are increasingly demanding ESG-compliant properties, leading to a surge in renovations and upgrades focused on sustainability and social responsibility. This shift is creating opportunities for savvy developers and property managers, but it also presents challenges for those unprepared to meet the evolving standards.