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GRESB Report Awards MEPT "Green Star" Status

MEPT RANKS 1ST AMONG U.S. DIVERSIFIED FUNDS FOR SUSTAINABILITY AND ENVIRONMENTAL PERFORMANCE IN COMMERCIAL REAL ESTATE

WASHINGTON, D.C. – September 9, 2014 – Multi‐Employer Property Trust (MEPT), one of the largest open‐end core private real estate equity funds in the U.S., announced today that it has been ranked number one in two categories of the Global Real Estate Sustainability Benchmark (GRESB):

  • #1 ranking in the U.S. Diversified peer group among 36 funds;
  • #1 ranking among the 28 funds, recognized as funds in the NCREIF Fund Index ‐ Open End Diversified Core Equity (NFI‐ODCE) that participated in the GRESB survey.

Concurrently, MEPT’s real estate advisor, Bentall Kennedy, was named by GRESB the top firm in the Diversified peer group globally and in North America for 2014.

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New Study Quantifies the Impact of HIT's Investments

The AFL-CIO Housing Investment Trust commissioned a third-party assessment of the impact of its investments. The study was performed by Pinnacle Economics utilizing the economic modeling of Implan, a group with more than 35 years of impact modeling experience.

The assessment found that the Construction Jobs Initiative has generated $6.75 billion of economic activity and nearly 43,000 jobs, including over 20,000 union construction jobs, since 2009. A report on the HIT’s investments since inception will be ready this fall.

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Heartland Takes RoadShow to Boston!

Mayor's Office Exploring New Heartland Capital Roundtable to Reinvest in the City and Region

 

Heartland Capital Strategies (HCS) and the Office of Boston Mayor Martin Walsh co-hosted an invitation-only Heartland Capital Roundtable at the prestigious Parkman House on Beacon Hill in Boston on Wednesday.  The Parkman House is an historic landmark on Beacon Hill and was once a residence for some of Boston’s most important Mayors.

 

The function was attended by fifty-five city and state development officials and Heartland-affiliated investment partners, along with contractors and labor leaders, and neighborhood and academic advocates.  The excited participants explored the prospect for creating a major public partnership focused around the city and region to prudently and responsibly invest workers’ capital.

 

 

“We are excited to be working in partnership with investors who are aligned with the values of our Mayor, Marty Walsh,” proclaimed John Barros, Chief of Economic Development of the City of Boston.  “The next time we bring you back, we want to take you on a tour to see the incredible new developments happening.”

 

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Research Shows Pension Plans Help Keep Economy Healthy - OMERS

In the Fall 2014 Member Newsletter, OMERS reports of two studies conducted by the Boston Consulting Group (BCG) that show that big pension organizations, like OMERS, have a significant, long-term, positive impact on the economy, while providing retirees with stable and adequate incomes. 

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