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Eco-Friendly Property Management on the Rise

Digested From “Tom Cabrerizo Detects Rise in Eco-Friendly Property Management”
Digital Journal (09/01/13)

Tom Cabrerizo, founder and CEO of CFH Group, states that environmental protection is prompting a new attitude in property management circles. His firm specializes in acquiring undervalued, physically distressed, and undermanaged apartment communities and commercial properties at competitive prices. In doing so, Cabrerizo has found that trends in green real estate can be quite profitable, as well as beneficial to the environment and society in general. 

He explains, "Eco-friendly consumers are no longer a small segment of the market, as many Americans have adopted ways to help protect and improve the environment. As such, it is essential that property management firms and property managers work to establish a greener living experience at the real estate they oversee."

He applauds San Diego State University's College of Extended Studies for this fall's launch of its Green Property Management Certificate program in a partnership with San Diego Gas & Electric and the San Diego Housing Federation. Students will be given advanced training in green building and sustainable business practices so that they can improve energy and environmental performance in existing apartment communities and commercial space. Online courses will emphasize practices and tools that will help property managers, building operators, and other maintenance professionals stand out among their peers.

Cabriezo cites new Bureau of Labor Statistics data, which shows that property manager employment is expected to increase 6 percent this decade. He concludes, "With such growth on the horizon, it is my hope that more programs will become available to help budding property managers obtain the skills necessary to produce eco-conscious real estate and rental experiences for future consumers."

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