NEW YORK CITY-Having a green, or LEED-certified, building can add market value to an asset through tax breaks and other programs. But if an owner loses that green rating, a commercial real estate asset's value can go in the other direction, points out Peter Britell, of counsel at Dewey & LeBoeuf LLP.

In this video he talks about:

  • How property owners can lose green certification.
  • How the loss of green status can impact mortgage value.
  • The downside of foreclosure in this situation.
  • How lenders can best deal with a potentially troubled green asset.

 

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