IncentiFind lets real estate developers and property owners find appropriate green incentives for their projects. The platform helps developers, property owners, and tenants find federal, state, and city government incentive offers for their real estate and home improvement projects.
The U.S. government agencies at different levels offer $20 billion in green incentives every year. The incentives are usually paid through tax credits, rebates, tax deductions, grants, and subsidy programs.
You might think IncentiFind’s reason for existence is a huge gap between buildings going green and unclaimed incentives. An image by IncentiFind neatly sums it up below.
We Covered this in our Weekly Wire Roundup
Type of Real Estate Companies That Benefit from IncentiFind
IncentiFind’s searchable database has many use cases within the home improvement and real estate development industry. However, it is frequently used by:
- A large corporation that acquired 10,000 commercial retail assets nationwide needed to connect projects to incentives when they go green
- A large corporation with an existing portfolio of $1B in assets nationwide when needed to find incentives for properties older than ten years slated for energy efficiency.
- A large corporation with a portfolio of 220 assets wanted to find green energy incentives for its six commercial and recreational assets in Texas. In addition, the corporation planned to erect new solar energy systems atop the roof structures and hence wanted to know and apply for appropriate incentives.
The Process of Finding Incentives
Finding relevant and applicable incentives can be hard and time-consuming. Not anymore. IcentiFind lets real estate developers and property owners quickly find which LEED (Leadership in Energy and Environmental Design) they are eligible for.
The whole activity of finding appropriate incentives is a three-step process.
- Find Incentives
- Verify Your Eligibility
- Apply To Incentives
Available Options for RE Developers
IncentiFind lets RE developers to sign-up for individually designed reports like:
- Quick Summary
- Bid Summary
- Verifying Report
- Portfolio Report
IncentiFind lists 46K incentives in its database and categorizes them for ‘new constructions’ or ‘existing buildings.
Real Estate Market in the Inland Empire
At Startempire Wire, we covered how the industrial leasing market is among the hottest in the country. According to the CBRE report, 21 of the 100 industrial leases in the USA were bagged by the Inland Empire region. The market IncentiFind serves will only get stronger as the demand for converting existing buildings into energy efficiency will grow, hence the need to apply for incentives offered by the government.
We also covered other real estate startups like Sundae, a platform operating in the Inland Empire that lets owners of older homes sell their properties rather conveniently. A strong real estate market also means that groups like Duke Realty and others have an unmet demand to connect their buildings to the applicable incentives. With a rising demand for commercial and industrial real estate, real estate tech startups are expected to reap handsome rewards.
Here’s a talk by IncentiFind founder Natalie Campos Goodman, where she walks us through the biggest green energy trends in the U.S.
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