GlobeSt.com: Tell me about your experiences with constructioncosts for a green project.
Cook: On large construction projects, perhaps surprisingly, ifthe project is green it is not a big concern. A bank would want tosee roughly where [the additional costs] fall in the budget. But weare finding it to be not so much a premium as an item that rollsinto the budget.
GlobeSt.com: What about for smaller-sized loans?
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
