The pre-release of the 2017 GRESB Debt Assessment is now available in advance of the April 2017 release date and may be downloaded here.
GRESB offers this pre-release as advanced guidance to primary lenders, private equity debt funds, mortgage REITs and other real estate debt providers as they prepare for the 2017 benchmark period, open from April 1 - June 30.
The updated 2017 GRESB Debt Assessment is the product of multiple rounds of industry feedback and posits a significant step forward to offering real estate lenders a robust, global benchmark along with aggregated ESG-oriented market intelligence based on peer participation.
GRESB received many thoughtful insights from the GRESB Investor Member network, past Debt Assessment participants, GRESB Bank Members, and several industry associations.
The 2017 GRESB Debt Assessment offers renewed focus on three themes: 1) organizational policies, 2) loan underwriting process(es) and 3) property monitoring techniques. Specific advances include high performance building underwriting, Appraisal Scope of Work policies and processes, and benchmarking innovation through new loan products focused on property upgrades.
Existing and new participants will notice:
- More balance within the GRESB Debt Assessment via extended Opportunities and Monitoring sections to reflect market changes;
- Increased attention on sustainability-related performance metrics in lending decision making;
- Improved indicator structure that allows participants to provide more context on policy implementation and lending practices; and
- New GRESB Portal functionalities designed to reduce time when completing the 2017 Assessment and providing supporting evidence.
The 2017 GRESB Debt Assessment opens on April 1. New participants can set up an account on our Portal.
For questions regarding the Debt Assessment, contact Dan Winters at firstname.lastname@example.org.