PHILADELPHIA, PA, September 07, 2013 /24-7PressRelease/
-- At privately held real estate organization CFH Group, founder and CEO Tom Cabrerizo
is always focused on turning undervalued properties into profitable, desirable communities for multifamily living. Specifically, by specializing in restoring distressed and undermanaged apartments and commercial structures in prime locations, Tom Cabrerizo has found that trends in green real estate can be rather profitable, as well as beneficial to the environment and society in general.
Having discovered success through this strategy at CFH Group, Cabrerizo has also found that trends in green real estate are on the rise--from the development of eco-friendly building materials and new strategies to city planning. Now, according to a recent article
from UT San Diego, property managers are also adapting to the rise in environmental protection. For Cabrerizo, this change is essential to introduce appealing properties to the green tenant.
Tom Cabrerizo explains, "Working in multifamily real estate, I have found that property management is the key to ongoing success and marketability of an apartment or condominium community. 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."
While it may be less complicated to understand how an industry and its practices may change to suit environmental concerns, Tom Cabrerizo says it may prove more difficult to see how an actual profession--such as property management--can shift to go green. UT San Diego explains, "SDSU's College of Extended Studies will launch a new Green Property Management Certificate program during the fall semester in a partnership with San Diego Gas & Electric andthe San Diego Housing Federation. In part, the program will focus on low income and [multifamily] housing and how using and learning about water, energy and landscaping will reduce costs for both the owners and tenants. Students will engage in advanced training in green building and sustainable business practices so that they can improve energy and environmental performance in existing multifamily buildings, rental residences, and commercial space. Online courses will emphasize practices and tools that will help property managers, building operators and other building professionals stand out among their peers."
The article also notes that according to the Bureau of Labor Statistics property manager employment is expected to increase six percent from 2010 to 2020. "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," Tom Cabrerizo concludes.
Tom Cabrerizo is the founder and CEO of CFH Group--a privately held, Miami-based real estate organization that specializes in acquiring undervalued, physically distressed, and undermanaged apartment communities and commercial properties at competitive prices. CFH Group adds value to these properties through renovation and strategy, creating in-demand housing and commercial space in highly desired geographic locations. Over the course of the last decade, Cabrerizo and his team have managed more than 18,000 residential units and in excess of two million square feet of commercial space across the southeastern region of the United States. Apart from his professional endeavors, Cabrerizo is a devoted family man who enjoys travel and charity work.