There has been a lot of speculation about the Biden administration's focus on climate and how that will impact commercial real estate.

As Jake Fingert, general partner at Camber Creek and a former member of the National Economic Council during the Obama administration points out, much of the focus has been about reducing energy use in buildings. For example, there could be a strong push to move from heating oil to electric.

"I think that [climate] is going to be one area where there's going to be a lot of energy and focus," Fingert says.

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Leslie Shaver

Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.