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How a $380,000 Green Investment Led to $2.2M in Savings

WASHINGTON, DC--Freddie Mac and Fannie Mae want you to invest in green improvements and they have the incentives to make their case.

By Erika Morphy | erikamorphy | Updated on March 14, 2017

One of the properties in the portfolio One of the properties in the portfolio

WASHINGTON, DC–Fannie Mae and Freddie Mac urge, cajole and sometimes outright beg their borrowers to take advantage of the green finance tools they have introduced over the years. Why? Because an investment in water, energy or building efficiency can deliver multiple times the returns in financing.

A case in point is a recent $75.65 million refinancing Walker & Dunlop SVP Alex Inman did for a borrower with four class B, garden-style properties in Arizona and Texas. He tapped Freddie Mac’s Green Up program, introduced last year, to secure the debt — and in the process squeezed out some $2.2 million in savings.

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