What are your thoughts about commercial solar projects?
Hi CRE, has anyone explored commercial solar? In California, many commercial buildings are adding solar to their rooftops to offset their energy costs. Has anyone sold a building with solar already on it? Or had a client interested in adding solar energy to their property? 
[{"id": "d93ha6u", "text": "Cost of borrowing is so low ROI is starting to make sense for some markets. Some utlity companies are also subsidizing part of the cost so it's starting to become a viable option. \n\nRoof installs are tricky, you don't want to damage the roof or make access to other mechanicals very difficult. If you have raw land, install it there. Roof installs work though.", "replies": [], "depth": 1}, {"id": "d9602l1", "text": "It makes sense on deals that don't have NNN lease structures like MF or gross office/industrial.  Especially, if you have some leeway in the leases for capex reimbursement.  Probably post cash out refi would be the time to do it.  I know some guys with a PE fund doing this and marketing on their green cred and so one.  You have to play it right.", "replies": [], "depth": 1}]