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Profitability of Green Real Estate to be Discussed by Panel at The University of Texas at Austin

Event: The Real Estate Finance and Investment Center (REFIC) at The University of Texas at Austin’s McCombs School of Business is hosting a sustainability panel discussion on the profitabi

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Event: The Real Estate Finance and Investment Center (REFIC) at The University of Texas at Austin’s McCombs School of Business is hosting a sustainability panel discussion on the profitability of and economic rationale for sustainable or green real estate. A networking reception will follow the panel discussion.

When: Tuesday, Nov. 9, 4-6 p.m.

Where: The University of Texas at Austin Main Building, Room 212, 2400 Inner Campus Drive

Admission: The panel and reception are open to the public. Tickets are $35 for the public and $15 for students. Registration information is available on the McCombs School’s Web site.

Background: The panel discussion aims to address the question, “does green pay?” R.G. “Jerry” Converse of Fulbright and Jaworski LLP, will moderate the panel, which includes participants from multiple perspectives in the industry including: corporate, investor, developer and design.

Panelists include:

  • David Ozment, senior director, Energy, Wal-Mart Stores Inc.
  • Betsy Del Monte, principal and director of sustainability, Beck
  • Vance Voss, managing director and portfolio manager, Principal Real Estate Investors
  • Craig Rochette, investment manager, Teacher Retirement System of Texas Green Team, Teacher Retirement System of Texas
  • Gregory P. Fuller, chief operating officer, Granite Properties
  • John Mooz, senior vice president, Hines

“We are thrilled to be able to bring together a group of such distinguished market leaders from diverse perspectives on the real estate industry,” says Jay Hartzell, associate professor of finance and executive director of REFIC. “The discussion and the panelists’ insights should help shed light on one of the hardest questions to answer about sustainability in real estate: Is it economically viable?”

REFIC is hosting the event in conjunction with the McCombs School’s Energy Management and Innovation Center, the School of Architecture and the Urban Land Institute of Austin (ULI). The American Planning Association Central Texas Chapter is a supporting sponsor.