Nick Stein Archives - Sentinel Real Estate Corporation News https://www.sentinelcorp.com/blog/tag/nick-stein/ Just another Rent Cafe Blogs Sites site Wed, 04 Oct 2023 19:05:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 227033475 Sentinel Real Estate Earns 2023 5 Star GRESB Rating https://www.sentinelcorp.com/blog/2023/10/04/sentinel-real-estate-earns-2023-gresb-5-star-rating/ Wed, 04 Oct 2023 17:13:00 +0000 https://www.sentinelcorp.com/blog/?p=1940 Sentinel Real Estate has earned a 5 Star rating for its performance in the 2023 Global Real Estate Sustainability Benchmark (GRESB) on behalf of Sentinel Real Estate Fund, LP (SREF), which is the highest rating offered by GRESB for distinguished Environmental, Social and Governance (ESG) leadership and performance. Sentinel Real Estate Fund, LP Ranks First…

Read More

The post Sentinel Real Estate Earns 2023 5 Star GRESB Rating appeared first on Sentinel Real Estate Corporation News.

]]>
Sentinel Real Estate has earned a 5 Star rating for its performance in the 2023 Global Real Estate Sustainability Benchmark (GRESB) on behalf of Sentinel Real Estate Fund, LP (SREF), which is the highest rating offered by GRESB for distinguished Environmental, Social and Governance (ESG) leadership and performance.

Nova at Green Valley Apartments exterior

Sentinel Real Estate Fund, LP Ranks First in its Peer Group for Participation in the 2023 GRESB Real Estate Benchmark Assessment. NOVA at Green Valley Apartments, an SREF property, features rooftop solar panels.

Each year, GRESB assesses and benchmarks the ESG performance of assets worldwide, and this year its ESG Assessments covered more than $8.8 trillion of assets under management. The GRESB 5 Star rating recognizes SREF for achieving a score among the highest 20% of 2,084 participants’ scores in the 2023 Real Estate Assessment worldwide.

"This important distinction reflects Sentinel's continued efforts to positively impact the environments in which we invest, and we are honored to be recognized as an ESG leader in our industry," said Nick Stein, Managing Director and Chair of Sentinel's ESG Committee. "ESG objectives are integrated into all aspects of our real estate operations and investment strategy as a whole, and we are proud of our team’s collective efforts to drive forward long-term solutions for our environment and society."

GRESB logo

SREF achieved the highest overall GRESB score among its peers in the United States of America/Residential: Multi-Family: Low-Rise Multi-Family/Core category, receiving an overall score of 89 out of 100 points. SREF also ranked 3rd out of the 135 participants in the overall Americas Residential sector. Other notable scores in this year's assessment include 30 out of 30 points for management, outperforming the benchmark average by three points, and a performance score of 60 out of 70, surpassing the benchmark average by 12 points.

Sebastian Roussotte, CEO of GRESB, said, "GRESB Sector Leaders embody the industry's champions, leading the charge towards a net-zero future and propelling the sector forward. We wholeheartedly commend this year’s Sector Leaders for their dedication, leadership and commitment to ESG principles and sustainability."

News coverage:
https://www.businesswire.com/news/home/20231004711075/en/Sentinel-Real-Estate-Earns-2023-GRESB-5-Star-Rating

Learn more about Sentinel's ESG efforts, which includes our latest ESG report.

The post Sentinel Real Estate Earns 2023 5 Star GRESB Rating appeared first on Sentinel Real Estate Corporation News.

]]>
1940
Managing Director Nick Stein Quoted in The Commercial Observer https://www.sentinelcorp.com/blog/2023/02/08/managing-director-nick-stein-quoted-in-the-commercial-observer/ Wed, 08 Feb 2023 19:29:00 +0000 https://www.sentinelcorp.com/blog/?p=1787 Nick Stein, Sentinel Managing Director, recently weighed in on the state of the multifamily sector for an article in The Commercial Observer. Taking the balanced perspective of markets that experienced significant rent growth during the pandemic, but have since normalized, he observed "It's not necessarily that those markets are performing badly or even badly relative…

Read More

The post Managing Director Nick Stein Quoted in The Commercial Observer appeared first on Sentinel Real Estate Corporation News.

]]>
Nick Stein, Sentinel Managing Director, recently weighed in on the state of the multifamily sector for an article in The Commercial Observer.

Taking the balanced perspective of markets that experienced significant rent growth during the pandemic, but have since normalized, he observed "It's not necessarily that those markets are performing badly or even badly relative to other markets. It's just that they were so strong relative to other markets before, and that outperformance is not there."

Read the full article: The Commercial Observer

Sentinel has been actively acquiring and managing multifamily assets for its investors since 1969. Learn more about Sentinel's Portfolio.

The post Managing Director Nick Stein Quoted in The Commercial Observer appeared first on Sentinel Real Estate Corporation News.

]]>
1787
Managing Director Nick Stein Quoted in CoStar Article https://www.sentinelcorp.com/blog/2022/09/19/managing-director-nick-stein-quoted-in-costar-article/ Mon, 19 Sep 2022 18:14:00 +0000 https://www.sentinelcorp.com/blog/?p=1693 In a recent piece from CoStar regarding challenges faced by the apartment industry as it enters the fourth quarter of 2022, Sentinel Managing Director Nick Stein was quoted regarding cap rates and the transaction market. Read the full article: Apartment Industry Enters Final Stretch of 2022 Facing More Headwinds Than Last Year Sentinel has been…

Read More

The post Managing Director Nick Stein Quoted in CoStar Article appeared first on Sentinel Real Estate Corporation News.

]]>
In a recent piece from CoStar regarding challenges faced by the apartment industry as it enters the fourth quarter of 2022, Sentinel Managing Director Nick Stein was quoted regarding cap rates and the transaction market.

Read the full article: Apartment Industry Enters Final Stretch of 2022 Facing More Headwinds Than Last Year

Sentinel has been actively acquiring and managing real estate properties for its investors since 1969. Learn more about Sentinel’s Portfolio.

The post Managing Director Nick Stein Quoted in CoStar Article appeared first on Sentinel Real Estate Corporation News.

]]>
1693
Managing Director Nick Stein Quoted in GlobeSt. Article https://www.sentinelcorp.com/blog/2022/06/10/managing-director-nick-stein-quoted-in-globe-st-article/ Fri, 10 Jun 2022 16:52:00 +0000 https://www.sentinelcorp.com/blog/?p=1606 In a recent piece in GlobeSt regarding current pricing trends in the real estate market, Sentinel Managing Director Nick Stein was quoted regarding the evolving nature of seller’s preferences and financing positions. Read the full article: Are CRE Price Drops Coming? Sentinel has been actively acquiring and managing real estate properties for its investors since…

Read More

The post Managing Director Nick Stein Quoted in GlobeSt. Article appeared first on Sentinel Real Estate Corporation News.

]]>
In a recent piece in GlobeSt regarding current pricing trends in the real estate market, Sentinel Managing Director Nick Stein was quoted regarding the evolving nature of seller’s preferences and financing positions.

Read the full article: Are CRE Price Drops Coming?

Sentinel has been actively acquiring and managing real estate properties for its investors since 1969. Learn more about Sentinel’s Portfolio.

The post Managing Director Nick Stein Quoted in GlobeSt. Article appeared first on Sentinel Real Estate Corporation News.

]]>
1606
Sentinel’s Approach to ESG Featured in NAREIM Dialogues https://www.sentinelcorp.com/blog/2022/04/29/sentinels-approach-to-esg-in-nareim-dialogues/ Fri, 29 Apr 2022 01:12:00 +0000 https://www.sentinelcorp.com/blog/?p=1526 Recently Nick Stein, Managing Director and Chair of Sentinel’s ESG Committee, authored an article for the Spring 2022 issue of NAREIM Dialogues. In the piece, he discusses our holistic approach to Environmental, Social and Governance (ESG) initiatives and the opportunities and challenges presented in defining ESG goals and programs for a national platform in an…

Read More

The post Sentinel’s Approach to ESG Featured in NAREIM Dialogues appeared first on Sentinel Real Estate Corporation News.

]]>
Recently Nick Stein, Managing Director and Chair of Sentinel’s ESG Committee, authored an article for the Spring 2022 issue of NAREIM Dialogues. In the piece, he discusses our holistic approach to Environmental, Social and Governance (ESG) initiatives and the opportunities and challenges presented in defining ESG goals and programs for a national platform in an environment that lacks national standardization. Highlighted are many of our ESG success stories and goals, in particular our properties that have achieved certification through the Institute of Real Estate Management’s (IREM) Certified Sustainable Property (CSP) Program and the success of our flagship property in Australia, Element 27, becoming the first multi-family property in that country to achieve Carbon Neutral certification.

You can read the entire article on page 30 of the publication here: A Holistic Approach Drives ESG Results

Holistic Approach Drives ESG Results

Sentinel believes that environmental, social responsibility and corporate governance (ESG) factors can have an impact on investment performance and must be considered when evaluating real estate investment opportunities and managing real estate assets. Learn more about Sentinel's Sustainability.

The post Sentinel’s Approach to ESG Featured in NAREIM Dialogues appeared first on Sentinel Real Estate Corporation News.

]]>
1526