"Active management is crucial for creating value at both the asset level and the portfolio level" -Andrew Levison

Saving money on energy is more important than ever in uncertain economic times. As every day seems to bring surprising headlines, apartment owners, developers, and managers are investing in technologies that make their buildings more resilient and more efficient.

True "responsible investing" must prioritize the optimization of returns. And optimizing returns can often produce tangential benefits such as reducing greenhouse gas emissions and enhancing sustainability and resilience.

Wellington, Florida, home to the National Polo Center, is known as the Winter Equestrian Capital of the World. While that reputation as a horse hub and its ranking as one of the 50 best places in America to live for families by Fortune are certainly draws for housing providers, Wellington has one for apartment investors: There isn’t very much apartment supply in the town. “We’re largely seeing more housing developments and higher-end options being built in Wellington,” said Drew Spitler, managing director and partner of New York City-based apartment owner The Dermot Co. “With apartment complexes themselves, there is some supply in the area, but it’s not actually in Wellington.”

The Dermot Company paid $144.2 million for a rental property in Wellington, Fla., making it one of South Florida’s largest multifamily sales so far this year. Called Quaye at Wellington, the 30-acre property features five buildings with 350 units at 1090 Quaye Lake Circle, just east of South State Road 7, in the country’s equestrian capital. The 590,128-square-foot complex was completed in 2016.