The MultiGreen Podcast

2021 Responses to "What is Attainability?" with Season 1 Guests Season 01 | Episode 31 In this special bonus compilation episode, Season 1 Guests define what attainability means to them. Together we are improving the state of the world by building green community. (0:32) Dennis Shea (0:48) Andy Winkler (1:09) Henry Cisneros (1:37) Ben Carson (1:53) Sean Reyes (2:21) Debra March (2:35) Conor Dougherty (2:51) Dennis McGill (3:05) John Burns (3:27) Anirban Basu (3:37) Mark Calabria (3:48) Len Wolfson (3:58) Seth Appleton (4:05) David Dworkin (4:14) Doug Bibby (4:22) Christopher Ptomey (4:44) William Zheng (4:54) Steve Morris (5:11) Stephen Mulva (5:39) Bobby Gilbane, Jr. (6:02) Jonathan Reckford (6:13) Bob Simpson (6:36) Laura Foote (6:47) Stacy Brimhall (6:58) Rick Tallman (7:06) Steve Scully (7:35) Mario Gabelli Let us know your thoughts on this episode! Explore the United Nations Sustainability Development Goals Start a conversation with #ThinkMultiGreen #WorkforcePlus #ProfitWithPurpose #Attainability Subscribe to The MultiGreen Podcast Follow us on LinkedIn, YouTube, Twitter, Instagram and Facebook @ThinkMultiGreen Learn more at www.multi.green © 2019-2021 MultiGreen Properties, LLC. All Rights Reserved. Securities offered through i(x) Securities, LLC (Member of FINRA and SIPC).

The Gabelli Way to Attainable Investing with Mario Gabelli Season 01 | Episode 30 In this episode, Randy C. Norton, Founder and Chairman of MultiGreen and Chairman and Chief Executive Officer of GAMCO Investors, Mario Gabelli, discuss value investing through financial and social lenses. With history as a guide, they explore how to make a profit while also making a difference. (0:47) Passion for the US capitalist system and equity markets (1:02) Family history (1:34) Early years, including Mario’s first stock purchase (2:52) Sparking a youth’s interest in equity investing (6:26) Mario's inspiration to become a financial analyst (8:17) Definition of and perspective on value investing (10:41) Valuing stocks “The Gabelli Way” (12:52) Evaluating Disney with value investing principles (16:05) Plastics in the context of socially conscious investing (19:01) What Mario looks for in an analyst (19:39) Today's inflation in historical context (22:11) Impact of ETFs on trading and market volatility (22:52) US inflation’s local and global effects (25:12) Inspiration for a statement of shareholder rights (27:27) Considerations for the future of stakeholder capitalism (30:17) Reflections on taking GAMCO public (31:28) Social and financial considerations of remaining public or going private (32:30) How value investors evaluate real estate (36:23) Mario’s entrée into philanthropy (39:02) Determining what causes to support (39:47) Mario's philanthropic inspiration and motivation (41:13) Mario's definition of attainability Additional mentions Warren Buffett Berkshire Hathaway Roger Murray Margin of Safety Graham and Dodd Model of Stock Valuation The Magna Carta Poison Pill Cumulative Voting Adam Smith's "Invisible Hand" Keynseian economics Milton Friedman's theory of money supply Charlie Munger The Gabelli Foundation Kristen Avansino The Giving Pledge Vince Lombardi Let us know your thoughts on this episode! Explore the United Nations Sustainability Development Goals Start a conversation with #ThinkMultiGreen #WorkforcePlus #ProfitWithPurpose #Attainability Subscribe to The MultiGreen Podcast Follow us on LinkedIn, YouTube, Twitter, Instagram and Facebook @ThinkMultiGreen Learn more at www.multi.green © 2019-2021 MultiGreen Properties, LLC. All Rights Reserved. Securities offered through i(x) Securities, LLC (Member of FINRA and SIPC).

The American Way of Attainable Ambitions with Steve Scully Season 01 | Episode 29 In this episode, Steve Scully, Senior Vice President of Communications at the Bipartisan Policy Center, takes the interviewer’s chair and speaks with Randy C. Norton about his work at MultiGreen developing new solutions in housing. Over the course of three decades at C-SPAN, Steve served as political editor, host, and senior executive producer, interviewing every U.S. President since Gerald Ford. (1:02) MultiGreen is addressing housing attainability within a shortage of 4.0 - 6.8 million units (3:06) MultiGreen’s goal is to help fill a portion of this need in the form of 40,000 units by 2030 (4:53) Given current housing inventory’s unsuitable state, mass industrialization is the solution (5:42) MultiGreen’s Workforce Plus™ focuses on front-line workers who need homes (6:58) Randy deploys MultiGreen’s assets in order to make a positive difference in communities (8:55) The housing shortage and new construction delays hurt infrastructure and individuals (10:42) Multifamily communities provide savings in real estate, energy, and digital infrastructure (11:50) Automating complex housing development tasks will benefit all stakeholders (14:08) Randy flips the script and asks Steve to define attainability Additional mentions Harvard Joint Center for Housing Studies National Association of Realtors Call to Address Housing Crisis Ivy Zelman America’s Aging Housing Stock Workforce Plus™ Migration from Los Angeles to Clark County, Nevada Stakeholder Capitalism Defining Housing Attainability Let us know your thoughts on this episode! Explore the United Nations Sustainability Development Goals Start a conversation with #ThinkMultiGreen #WorkforcePlus #ProfitWithPurpose #Attainability Subscribe to The MultiGreen Podcast Follow us on LinkedIn, YouTube, Twitter, Instagram and Facebook @ThinkMultiGreen Learn more at www.multi.green © 2019-2021 MultiGreen Properties, LLC. All Rights Reserved. Securities offered through i(x) Securities, LLC (Member of FINRA and SIPC).

The MultiGreen Way in Seattle Case Study with Rick Tallman Season 01 | Episode 28 In this episode, Randy C. Norton, Founder and Chairman of MultiGreen and Rick Tallman, Chief Development Officer at Sustainable Living Innovations (SLI) discuss their partnership on Seattle’s 303 Battery Street – the world’s first certified zero energy high rise apartment building – as a case study. They explore how SLI’s groundbreaking techniques in design, manufacturing, and fabrication result in a durable, sustainable, and profitable product that meets the needs of the environment, residents, and investors. (01:56) Topping off and current progress (03:00) High quality and in-demand amenities of SLI’s prefabricated units (04:06) Engineering allowing high function units to have low environmental impact (05:29) Measurable results from carbon-conscious design (05:57) Convening leaders across industries to support zero net energy apartment buildings (09:34) How energy efficiency enhances attainability (10:12) 303 Battery’s zero-energy certification (11:34) SLI’s unprecedented weatherproof building system (12:04) Building features that support durability and longevity along with energy efficiency (12:59) How 303 Battery’s net zero concept was conceived and sold (14:32) Design, systems, and collaborations needed to deliver a net zero apartment tower (16:54) Green building is not a compromise and its benefits are available now (19:07) Proof that building green while making profit is possible (20:34) Attainability as availability Additional mentions Urban Land Institute (ULI) Net Zero Energy (NZE) building Manufactured housing Direct Current (DC) Power Equity Residential Goldman Sachs Seattle’s Belltown Seattle’s Multi-Family Tax Exemption Program International Living Future Institute Seattle’s Moda Apartments New Building Codes in California New Building Codes in Washington State Environmental, Social, and Governance (ESG) investing Let us know your thoughts on this episode! Explore the United Nations Sustainability Development Goals Start a conversation with #ThinkMultiGreen #WorkforcePlus #ProfitWithPurpose #Attainability Subscribe to The MultiGreen Podcast Follow us on LinkedIn, YouTube, Twitter, Instagram and Facebook @ThinkMultiGreen Learn more at www.multi.green © 2019-2021 MultiGreen Properties, LLC. All Rights Reserved. Securities offered through i(x) Securities, LLC (Member of FINRA and SIPC).

The MultiGreen Way in Phoenix Case Study with Stacy Brimhall Season 01 | Episode 27 In this episode, Randy C. Norton, Founder and Chairman of MultiGreen and Stacy Brimhall, owner of Langley Properties, explore attaining success in the face of challenges. They review the exceptional growth of Arizona real estate despite shortages of land and water. They also take a personal look into the topic as Stacy recounts how he confronted and conquered very dark times. (1:17) Land scarcity in the Phoenix Valley (4:01) Comparing land scarcity in Arizona, California, and Texas (7:22) Addressing water scarcity in Phoenix (9:58) Arizona’s economic development and diversification (12:09) Differing generational skill sets from Baby Boomers to Millennials (13:46) Extraordinary housing demand in Metro Phoenix (15:40) Pandemic’s effect on residential home values and rental rates (18:10) How land scarcity affects Arizona housing markets today (19:08) Stacy’s experience having depression (20:42) Stacy’s tips for surviving and thriving, even with depression (24:22) Advice for developers entering the Arizona market (25:50) Attainability as an ongoing process Additional mentions Sun Belt Groundwater recharge Arizona Department of Water Resources Metroplex Millennials Baby Boomers Stick-built housing Stacy’s book: “Defeating Depression: One Man’s Fight to Find Joy” Let us know your thoughts on this episode! Explore the United Nations Sustainability Development Goals Start a conversation with #ThinkMultiGreen #WorkforcePlus #ProfitWithPurpose #Attainability Subscribe to The MultiGreen Podcast Follow us on LinkedIn, YouTube, Twitter, Instagram and Facebook @ThinkMultiGreen Learn more at www.multi.green © 2019-2021 MultiGreen Properties, LLC. All Rights Reserved. Securities offered through i(x) Securities, LLC (Member of FINRA and SIPC).

The MultiGreen Way Finds YIMBYism Case Study with Laura Foote Season 01 | Episode 26 In this episode, Randy C. Norton, Founder and Chairman of MultiGreen speaks with Laura Foote, economist and Executive Director of YIMBY Action, a grassroots political organization with more than 20 chapters in the U.S. They discuss what YIMBY organizing has achieved, and Laura’s vision for a future where we don’t have to fight to build attainable housing. (3:07) To meet U.S. demand, NMHC predicts 320,000 new apartments annually through 2030 (4:48) Long commutes result from high prices and housing shortages near people’s jobs (5:38) The YIMBY activism of Sonja Trauss, an early partner in Laura’s work (8:50) YIMBY attitude runs counter to homeowners’ common impulses to oppose new housing (13:02) The YIMBY movement includes a partner roster that spans the country (14:38) YIMBY Action generally supports solutions that do not promote sprawl (19:46) YIMBY Action accepts projects to support with activism, legal strategy, or other means (23:48) Explicitly racist housing policies are banned, but others contribute to the current crisis (26:23) Randy and Laura’s book recommendations (28:00) Targeted improvements to legislation and procedure can support housing construction (32:51) YIMBY Action details support for their goals to develop over 5,500 homes (40:23) YIMBY Action’s goal is abundant, sustainable, affordable, and thriving communities (42:00) To Laura, attainability means affordable housing that is also near jobs and opportunity Additional mentions National Multifamily Housing Council Estimates Mega-commuting Build Build Build Build Build Build Build Build Build Build Build Build Build Build YIMBY NIMBY YIMBY Action Abundant Housing LA Abundant Housing Massachusetts A Better Cambridge California YIMBY Infill housing Yimby Action Project Support Form Redlining Origins of the Housing Crisis The Color of Law Evicted Segregation By Design Neighborhood Defenders California Density Bonus Law Twitter profile for the State of California Attorney General, Rob Bonta YIMBY Action’s 2021 Impact Report Attainability Let us know your thoughts on this episode! Explore the United Nations Sustainability Development Goals Start a conversation with #ThinkMultiGreen #WorkforcePlus #ProfitWithPurpose #Attainability Subscribe to The MultiGreen Podcast Follow us on LinkedIn, YouTube, Twitter, Instagram and Facebook @ThinkMultiGreen Learn more at www.multi.green © 2019-2021 MultiGreen Properties, LLC. All Rights Reserved. Securities offered through i(x) Securities, LLC (Member of FINRA and SIPC).

Attainable Leadership Is the Multifamily Impact Council with Bob Simpson Season 01 | Episode 25 In this episode, Randy C. Norton, Founder and Chairman of MultiGreen, speaks with Bob Simpson, President and CEO of the Multifamily Impact Council. With a mantra of “Do Well. Do Good. Do More,” this organization is dedicated to establishing a framework of impact principles and reporting guidelines for the multifamily industry. They discuss how to drive more capital toward this asset class and property type by quantifying impact at the portfolio level. (3:10) Multifamily Impact Council, formed in May 2022, expects to release a framework for impact investing in the first quarter of 2023 (4:06) Investment framework should answer five questions, starting with: Does it improve the life of the person who lives in the property? (5:12) The importance of financial stability and the tie to housing stability (7:46) Some of the member organizations of the Council (including MultiGreen) (10:23) How Bob went from media to government to finance and impact investing (11:45) Bob’s experience as a senior legislative aide to Senator Tom Daschle (14:24) Why a framework is important, and how it can quantify the impact of an investment (15:36) Differences between ESG and impact investing (16:37) Bob’s experience at Fannie Mae, developing guidelines for green investment that scales (20:25) Writing Healthy Housing for All with the Urban Land Institute (22:55) The US housing shortage — Bob estimates four to seven million units are needed (24:25) To Bob, attainability starts with stable, healthy housing for families Additional mentions Seven Guiding Principles of Multifamily Impact Council Federal Capital Partners Comunidad Partners Nuveen PGIM Fairfield Residential Jonathan Rose Dominium Fannie Mae ESG Investing Defined Urban Land Institute Affordable & Workplace Housing Council National Conference of State Housing Boards Healthy Housing for All Let us know your thoughts on this episode! Explore the United Nations Sustainability Development Goals Start a conversation with #ThinkMultiGreen #WorkforcePlus #ProfitWithPurpose #Attainability Subscribe to The MultiGreen Podcast Follow us on LinkedIn, YouTube, Twitter, Instagram and Facebook @ThinkMultiGreen Learn more at www.multi.green © 2019-2021 MultiGreen Properties, LLC. All Rights Reserved. Securities offered through i(x) Securities, LLC (Member of FINRA and SIPC).

Attainable Living Is the Habitat for Humanity with Jonathan Reckford Season 01 | Episode 24 In this episode, Randy C. Norton, Founder and Chairman of MultiGreen and Jonathan Reckford, CEO of Habitat for Humanity International, identify the origins and current trend of today’s housing shortage while highlighting potential solutions through legislative action and industry practices. They show how vitally important resolving the crisis is, not only for the fiscal health of the U.S., but also for the well-being of its citizens. (1:09) Scope of Habitat for Humanity’s work (1:34) How today’s housing shortage came to be (2:36) How the housing shortage has worsened since 2005 (3:37) Supply-side issues impacting housing delivery (4:40) Habitat for Humanity’s response to industry-wide cost pressures (6:20) Supply-side solutions from construction techniques (8:00) Time frame for bringing housing back to equilibrium (8:45) Federal tactics to support housing supply (9:50) Why solving the housing crisis is vital to national economic health (11:00) How adequate housing provides benefits far beyond shelter Additional mentions Habitat for Humanity Bipartisan Policy Center (BPC) Joint Center for Housing Studies of Harvard University Shared Equity Models Land Trusts Modular Construction Mixed Income Housing Accessory Dwelling Units Senator Todd Young (Indiana) Yes in My Backyard (YIMBY) movement Smart Density Neighborhood Homes Investment Act Housing Act of 1949 Let us know your thoughts on this episode! Explore the United Nations Sustainability Development Goals Start a conversation with #ThinkMultiGreen #WorkforcePlus #ProfitWithPurpose #Attainability Subscribe to The MultiGreen Podcast Follow us on LinkedIn, YouTube, Twitter, Instagram and Facebook @ThinkMultiGreen Learn more at www.multi.green © 2019-2021 MultiGreen Properties, LLC. All Rights Reserved. Securities offered through i(x) Securities, LLC (Member of FINRA and SIPC).

Attainable Housing Is the Future with Bobby Gilbane, Jr. Season 01 | Episode 23 In this episode, Randy C. Norton, Founder and Chairman of MultiGreen, speaks with Robert “Bobby” Gilbane, Jr., Vice President of Gilbane Development Company. They discuss how Gilbane continues to grow and improve, the challenges of developing affordable housing, and innovative approaches to deliver true attainability. (1:11) Gilbane Inc. is a family-owned firm that has been building homes for over 150 years (4:07) The concept of continuous improvement has long been embraced by Japanese companies (5:35) Giving employees best-practice perspective across construction and related disciplines (10:04) Gilbane’s affordable housing project partnerships with minority-owned developers (13:29) Listening carefully for needs and instilling a sense of ownership empowers communities (17:30) Washington DC’s housing crisis is exacerbated by project approval and delivery delays (19:53) Since market rate housing costs less to build, subsidies alone are not the crisis’s answer (22:47) Employer-subsidized housing is a more efficient solution (26:48) The housing industry can benefit from national expertise in manufacturing (28:11) Holistic, efficient, and reliable service delivery for water, internet, and energy (31:37) Achieving housing attainability is a collaborative, creative, future-oriented process Additional mentions History of Gilbane, Inc. Kaizen Gilbane University Affordable Housing Projects Washington, DC’s Building Permit Process Modular Construction Attainability Let us know your thoughts on this episode! Explore the United Nations Sustainability Development Goals Start a conversation with #ThinkMultiGreen #WorkforcePlus #ProfitWithPurpose #Attainability Subscribe to The MultiGreen Podcast Follow us on LinkedIn, YouTube, Twitter, Instagram and Facebook @ThinkMultiGreen Learn more at www.multi.green © 2019-2021 MultiGreen Properties, LLC. All Rights Reserved. Securities offered through i(x) Securities, LLC (Member of FINRA and SIPC).

Attainable Delivery Is High-Volume Rollout with Stephen Mulva Season 01 | Episode 22 In this episode, Randy C. Norton speaks with Stephen Mulva, Director of the Construction Industry Institute at the University of Texas. They discuss waste in construction, using technology to increase productivity, and high-volume rollout. Mulva’s work is focused on performance and productivity within construction, engineering, and project management. (1:20) Digitization is poised to help the construction industry make housing more attainable (2:18) 41% of large capital project costs are wasted, led by extra risk protection and trade credit (9:40) Using blockchain to increase transparency in risk management for large projects (12:40) Stephen’s blockchain experience and construction applications in progress (14:58) Modeling incorporates considerations of weight, thermal properties, cost, and logistics (17:29) Technology can increase and reduce the need for on-site craft professionals (19:42) Scope-similar projects create opportunities to lower costs in high-volume rollouts (22:26) Design considerations to lower costs while increasing quality (24:05) Buildings are economic engines (25:52) Re-slotting resources to mitigate project delays (29:41) Lowering life cycle costs can help achieve attainability Additional mentions Digitization Waste in Large Capital Projects Trade Credit Blockchain PrairieDog Data Gumbo SIMBA Chain BIM (Building Information Modeling) PPMOF (Prefabrication, Pre-assembly, Modularization, and Off-site Fabrication) Kit-of-Parts Attainability Let us know your thoughts on this episode! Explore the United Nations Sustainability Development Goals Start a conversation with #ThinkMultiGreen #WorkforcePlus #ProfitWithPurpose #Attainability Subscribe to The MultiGreen Podcast Follow us on LinkedIn, YouTube, Twitter, Instagram and Facebook @ThinkMultiGreen Learn more at www.multi.green © 2019-2021 MultiGreen Properties, LLC. All Rights Reserved. Securities offered through i(x) Securities, LLC (Member of FINRA and SIPC).

Attainable Development Is Controlling Risk with Annual Meeting Panelists Season 01 | Episode 21 In this episode, Mark Henington, Director of Finance at MultiGreen, hosts Scott Stay, President and CEO of Construction Management and Development CM&D, Dr. John Killingsworth, Assistant Professor of Construction Management at Colorado State University, and Bobby Gilbane, Chairman of Gilbane Development Company. The panelists investigate the causes of and responses to volatility in real estate development. They also detail the construction industry’s rapid technological advances, progress on attainability and sustainability agendas, and support from formal education programs. (1:00) Panelists’ experiences and areas of expertise (4:39) Why construction is not keeping pace with historically high demand (7:09) Causes of and forecasts for the construction industry’s volatility (7:51) Expanding new and effective solutions for risk management and contract delivery (9:40) How to deal with volatility drivers impacting real estate development overall (12:12) Mitigating volatility with a long-term vision and regional approach (13:53) Education’s role in supporting the construction industry’s advances (18:34) Leveraging time in planning, relationship building, and project management (22:24) Managing the industry’s increasingly rapid technological evolution (24:06) Who is driving domestic sustainability initiatives, and how to keep momentum going (26:05) How to advance the mutually supportive goals of housing attainability and sustainability (30:12) Collaboration, continual learning, and customer focus help attainability and sustainability Additional mentions UN Climate Change Conference in Glasgow Circular economy Associated General Contractors (AGC) Moody’s Investors Service Commercial Real Estate Development Association (NAIOP) Northern Virginia Chapter Urban Land Institute Maryland Building Industry Association (MBIA) Housing Association of Nonprofit Developers (HAND) Volumetric construction Panelized construction Kit-of-parts theory Type I through Type V construction LEED rating system International WELL Building Institute International Living Future Institute’s Living Building Challenge Let us know your thoughts on this episode! Explore the United Nations Sustainability Development Goals Start a conversation with #ThinkMultiGreen #WorkforcePlus #ProfitWithPurpose #Attainability Subscribe to The MultiGreen Podcast Follow us on LinkedIn, YouTube, Twitter, Instagram and Facebook @ThinkMultiGreen Learn more at www.multi.green © 2019-2021 MultiGreen Properties, LLC. All Rights Reserved. Securities offered through i(x) Securities, LLC (Member of FINRA and SIPC).

Attainable Construction Is An Inflation Hedge with Annual Meeting Panelists Season 01 | Episode 20 In this episode, Jason Bellini, correspondent for The Wall Street Journal, hosts panelists Kevin Booth, Chief Financial Officer of Construction Financial Management Association (CFMA), Jim Salter, Founder of CM&D International, and Jeremy Hafen, President of Clyde Companies. They discuss multiple impacts caused by the rising cost of construction materials, including how they affect the way homes are built. They highlight the key role of economic considerations in the supply chain and provide perspective on meeting the demand for housing today and in the future. (1:55) How inflation is affecting material pricing, sourcing, and delivery (4:17) Potential impacts of possible legislative action on tax treatments of property sales (5:29) Effect of prices and supply chain interruptions on choice of building materials (7:56) Trade policy, capacity, and labor considerations affecting supply chain’s return to normal (9:56) Importance of including economic considerations in a logistics plan (11:15) How parties in the value chain are faring, and whether current conditions are sustainable (12:13) Expectations for costs 10 years out and beyond (13:25) Opportunities for alternative construction materials and practices (15:18) Elements needed to meet long-term expectations for affordable housing demand (18:04) Builder reactions to unexpectedly increased costs (20:20) Potential for home building without lumber (21:45) Perspectives on today’s high demand and prices, and how to move forward (24:21) To what extent the potential for interest rate increases is a concern (26:10) Considerations in estimating demand this year and beyond (29:10) Why MultiGreen is positioned well in the current environment (31:04) Advice on managing collaborative project planning Additional mentions Westcor Companies 1031 Exchange Sunpro Oriented Strand Board (OSB) Price gouging Williams Homes Merger of Schuler Homes and D.R. Horton Intermountain West Sun Belt Workforce housing Internal Rate of Return (IRR) Ivory Homes Clark Ivory Caliche Grade beam Post-Tensioned (PT) slab 3-D printed concrete Great Recession of 2008 Federal Reserve Jim Shuler Integrated Project Delivery (IPD) Let us know your thoughts on this episode! Explore the United Nations Sustainability Development Goals Start a conversation with #ThinkMultiGreen #WorkforcePlus #ProfitWithPurpose #Attainability Subscribe to The MultiGreen Podcast Follow us on LinkedIn, YouTube, Twitter, Instagram and Facebook @ThinkMultiGreen Learn more at www.multi.green © 2019-2021 MultiGreen Properties, LLC. All Rights Reserved. Securities offered through i(x) Securities, LLC (Member of FINRA and SIPC).

Attainable Underwriting Is Multidisciplinary with Annual Meeting Panelists Season 01 | Episode 19 In this episode, Randy C. Norton, Founder and Chairman of MultiGreen, hosts a conversation with two members of the MultiGreen team: Steve Morris, Head of Operations, and William Zheng, Senior Associate in Acquisitions. They discuss how attainability shapes every aspect of their work. (1:44) Beyond financial returns, MultiGreen assesses economic, social, and environmental impact (3:39) In acquisitions, MultiGreen focuses on growing markets with housing supply shortages (6:01) Beyond rent, attainable housing considers energy, water, internet access, and insurance (8:36) As a spin-off of Green Mesa Capital, MultiGreen leverages data center expertise (10:58) Attainability comes from efficiencies and balancing the goals of all project stakeholders (13:56) The multi-revenue business model considers a building as a service (14:31) Concessionary rents can offer above-market returns while providing attainable housing Additional mentions MSAs Attainability Green Mesa Capital Building-as-a-Service (BaaS) Rent Concessions Let us know your thoughts on this episode! Explore the United Nations Sustainability Development Goals Start a conversation with #ThinkMultiGreen #WorkforcePlus #ProfitWithPurpose #Attainability Subscribe to The MultiGreen Podcast Follow us on LinkedIn, YouTube, Twitter, Instagram and Facebook @ThinkMultiGreen Learn more at www.multi.green © 2019-2021 MultiGreen Properties, LLC. All Rights Reserved. Securities offered through i(x) Securities, LLC (Member of FINRA and SIPC).

Attainable Housing Advancement with Christopher Ptomey Season 01 | Episode 18 In this episode, Randy C. Norton, Founder and Chairman of MultiGreen, speaks with Christopher Ptomey, Executive Director of the Terwilliger Center for Housing at the Urban Land Institute (ULI). Previously, he worked with Habitat for Humanity and the Texas Department of Housing and Community Affairs. They discuss the obstacles that have contributed to the current housing shortage, and innovative policy solutions that cities are using to spur more development of attainable housing. (1:02) ULI prioritizes market-rate solutions and options exist at all income levels (4:13) Housing shortage is due to lags in income growth, construction, and government action (6:45) “Not in my backyard” attitudes are a key barrier to development, but are unfounded (9:11) A study of how Philadelphia can maintain affordable and viable housing stock (10:48) ULI partners with other housing-focused organizations (15:10) Solving the housing crisis requires building new units but also refurbishing old ones (17:25) By working with communities and refining entitlements, cities can address the shortage (21:39) ULI has study panels in over 10 cities, to make and publicize specific recommendations (25:44) Attainable housing is affordable and adequate while connecting and serving its residents Additional mentions Affordability Periods NIMBYism Redlining Naturally Occurring Affordable Housing (NOAH) in Philadelphia National Housing Conference National Low Income Housing Coalition Minneapolis’ Plan to Eliminate Single-Family Zoning ULI Asia Pacific Housing Attainability Let us know your thoughts on this episode! Explore the United Nations Sustainability Development Goals Start a conversation with #ThinkMultiGreen #WorkforcePlus #ProfitWithPurpose #Attainability Subscribe to The MultiGreen Podcast Follow us on LinkedIn, YouTube, Twitter, Instagram and Facebook @ThinkMultiGreen Learn more at www.multi.green © 2019-2021 MultiGreen Properties, LLC. All Rights Reserved. Securities offered through i(x) Securities, LLC (Member of FINRA and SIPC).

Attainable Housing Initiatives with Doug Bibby Season 01 | Episode 17 In this episode, Randy C. Norton, Founder and Chairman of MultiGreen, speaks with Doug Bibby, President of the National Multifamily Housing Council (NMHC). They discuss opportunities that NMHC is exploring to address the severe housing shortage in the US. (1:14) NMHC represents 1,700 housing-related companies of various types (3:10) What is the difference between attainability and affordability? (4:11) Local policies limit attainability for groups not considered desirable, including renters (6:19) Multifamily housing now offers higher risk-adjusted returns than all other real estate (8:32) A housing advocacy movement is starting to change the conversation about development (11:27) With real estate land use experts, NMHC studied repurposing assets to support housing (13:11) Leveraging federal transportation funds may help exclusionary localities change zoning (13:49) NMHC is building an objective measure of affordable development’s prohibitive expense (16:17) Doug defines attainability as the nexus of aspiration and desire meeting reality Additional mentions Exclusionary zoning YIMBY Urban Land Institute Community Development Block Grants Construction-related Version of the Producer Price Index Attainability Let us know your thoughts on this episode! Explore the United Nations Sustainability Development Goals Start a conversation with #ThinkMultiGreen #WorkforcePlus #ProfitWithPurpose #Attainability Subscribe to The MultiGreen Podcast Follow us on LinkedIn, YouTube, Twitter, Instagram and Facebook @ThinkMultiGreen Learn more at www.multi.green © 2019-2021 MultiGreen Properties, LLC. All Rights Reserved. Securities offered through i(x) Securities, LLC (Member of FINRA and SIPC).

Attainable Housing and Coalition Solutions with David Dworkin Season 01 | Episode 16 In this episode, Randy C. Norton, Founder and Chairman of MultiGreen, speaks with David Dworkin, former Senior Housing Policy Advisor at the US Treasury and current President and CEO of the National Housing Conference. They discuss how the current housing crisis stems from a lack of housing supply, and how the NHC advocates for solutions that will reduce homelessness and make homeownership more attainable for everyone. (1:02) Eleanor and Franklin D. Roosevelt’s support for affordable housing (3:34) Better incentives are needed to stem high housing prices driven by limited supply (5:30) Tax policy can close the appraisal gap (6:34) Numerous fiscal, policy and zoning initiatives can support affordable housing (7:20) The different types of tax expenditures, appropriations, and private activity bonds (10:08) Today’s housing crisis does not mirror the 2006 - 2008 bubble (10:40) The Law of Supply and Demand is never repealed (12:05) Build Back Better includes an unprecedented +$170 billion in housing funding (14:20) Green housing tends to also be sustainable housing (15:10) High construction costs are stemming from supply chain and tariff issues (18:35) The housing crisis is a vicious cycle, with supply shortages leading to homelessness (20:30) Past policies have reduced interest rate risks, and fixed mortgage lending improprieties (23:42) Creating more housing overall requires balancing regulation and market forces (26:08) Homebuilders like MultiGreen help NHC evaluate changes to the housing system (27:25) Policy changes can help create three million new Black homeowners by 2030 Additional mentions Eleanor and Franklin D. Roosevelt found NHC Why Home Prices Keep Rising Tax Credits in Build Back Better Supporting Rental Housing With Private Activity Bonds Opportunity Zones Aligning Zoning, Taxes, and Subsidies Housing Bubble of the 2000s Great Society New Deal Increased Lumber Tariffs When Working People Still Can’t Afford a Home Housing And Community Development Act Dodd-Frank Black Home Ownership Reaches 60-Year Low Let us know your thoughts on this episode! Explore the United Nations Sustainability Development Goals Start a conversation with #ThinkMultiGreen #WorkforcePlus #ProfitWithPurpose #Attainability Subscribe to The MultiGreen Podcast Follow us on LinkedIn, YouTube, Twitter, Instagram and Facebook @ThinkMultiGreen Learn more at www.multi.green © 2019-2021 MultiGreen Properties, LLC. All Rights Reserved. Securities offered through i(x) Securities, LLC (Member of FINRA and SIPC).

Attainable Housing and Mortgage/Rent Solutions with Seth Appleton Season 01 | Episode 15 In this episode, Randy C. Norton, Founder and Chairman of MultiGreen, and Seth Appleton, President of the Mortgage Industry Standards Maintenance Organization (MISMO), discuss the state of the mortgage industry, including MISMO’s role in supporting all its participants. They explore the current drivers of housing undersupply, note the progress of specific solutions, and highlight home ownership’s unprecedented place as a driver of financial and societal strength. (1:12) Belief that housing is inherently a bipartisan issue (2:00) Professional experiences that shaped Appleton’s perspective (3:07) How MISMO supports all aspects of mortgage creation (4:03) How mortgage standards have improved since the global financial crisis of 2008 (5:15) The mortgage industry’s increased strength since pre-2008 (5:38) Housing undersupply is a central challenge today (6:25) Current issues in addressing the supply shortage (7:43) Data highlighting three key housing price and cost issues (8:44) How to address housing cost challenges (11:27) How to address issues on a local level (13:00) Home ownership’s unequaled power as a vehicle to build wealth and community (14:20) BPC Housing Council Conference’s future Additional mentions Bipartisan Policy Center (BPC) Mortgage Bankers Association MISMO Congressman Blaine Leutkemeyer (Missouri) Subcommittee on Housing, Community Development and Insurance U.S. House Committee on Financial Services Federal National Mortgage Association (FNMA / Fannie Mae) Federal Home Loan Mortgage Corporation (FHLMC / Freddie Mac) Government National Mortgage Association (Ginnie Mae) Joint Center for Housing Studies of Harvard University National Multifamily Housing Council (NMHC) California’s affordable apartments regularly cost over $1 million to build Congresswoman Beth Van Duyne (Texas) Let us know your thoughts on this episode! Explore the United Nations Sustainability Development Goals Start a conversation with #ThinkMultiGreen #WorkforcePlus #ProfitWithPurpose #Attainability Subscribe to The MultiGreen Podcast Follow us on LinkedIn, YouTube, Twitter, Instagram and Facebook @ThinkMultiGreen Learn more at www.multi.green © 2019-2021 MultiGreen Properties, LLC. All Rights Reserved. Securities offered through i(x) Securities, LLC (Member of FINRA and SIPC).

Attainable Housing and Capital Market Solutions with Len Wolfson Season 01 | Episode 14 In this episode, Randy C. Norton, Founder and Chairman of MultiGreen and Len Wolfson, Partner at Fed Hall, discuss the current housing crisis, including its origins and scope. They review recent efforts to address the crisis and highlight potential resolutions. (0:50) Len’s focus on housing within a boutique government affairs firm (1:28) Causes of America’s massive housing supply shortage (2:26) Inconsistencies in defining the extent of the housing shortage (3:31) Proposed supply-side solutions (4:29) Lack of recent policy focus on housing issues (5:06) Levels of government that can incentivize more housing supply (6:18) How current federal intervention has made core problems worse (6:53) Federal government’s recent Build Back Better Act is a Demand-Side Policy not Supply-Side Policy solution (8:15) Solutions must involve all government levels along with the public and private sectors Additional mentions Bipartisan Policy Center (BPC) The Great Recession of 2008 Terwilliger Center for Housing Housing and Economic Recovery Act of 2008 Federal National Mortgage Association (FNMA / Fannie Mae) Federal Home Loan Mortgage Corporation ((FHLMC / Freddie Mac) Joint Center for Housing Studies at Harvard University Build Back Better Act Let us know your thoughts on this episode! Explore the United Nations Sustainability Development Goals Start a conversation with #ThinkMultiGreen #WorkforcePlus #ProfitWithPurpose #Attainability Subscribe to The MultiGreen Podcast Follow us on LinkedIn, YouTube, Twitter, Instagram and Facebook @ThinkMultiGreen Learn more at www.multi.green © 2019-2021 MultiGreen Properties, LLC. All Rights Reserved. Securities offered through i(x) Securities, LLC (Member of FINRA and SIPC).

Attainable Housing and Economic Solutions with Mark Calabria Season 01 | Episode 13 In this episode, Randy C. Norton, Founder and Chairman of MultiGreen and Mark Calabria, Senior Advisor at CATO Institute, discuss why current housing policies don’t effectively address today’s housing supply shortage. They consider how to get industry parties to work together on solutions while more broadly inspiring the desire for positive change. They also acknowledge why this is vital not only for housing professionals, but also for the entire country. (1:10) Why the supply shortage is an issue for housing consumers today (2:40) Identifying areas where the housing market is out of alignment (3:03) Why long-standing federal infrastructure and financing policies don’t work today (7:35) How existing local regulations have become problematic (9:15) How to address expensive delays from permitting and zoning (11:42) Attitudes toward growth are key determinants of housing market health (14:10) How to better align interests among housing industry parties, and more generally (16:55) Why better public understanding of economics is a key to good housing policy (19:50) Informational resources on supply side issues (22:00) Why local housing market solutions are vital to the US overall Additional mentions The Great Depression Federal Housing Administration (FHA) US Department of Housing and Urban Development (HUD) Fannie Mae Federal Home Loan Banks Housing entitlement process President Herbert Hoover Variance US Government Accountability Office (GAO) Accessory Dwelling Unit Fall of the Berlin Wall Great Recession of 2008 US Census Bureau Mercatus Center at George Mason University Zoning Rules! The Economics of Land Use Regulation (William A. Fischel) Arbitrary Lines: How Zoning Broke the American City and How to Fix It (M. Nolan Gray) Color of Law: A Forgotten History of How Our Government Segregated America (R. Rothstein) Let us know your thoughts on this episode! Explore the United Nations Sustainability Development Goals Start a conversation with #ThinkMultiGreen #WorkforcePlus #ProfitWithPurpose #Attainability Subscribe to The MultiGreen Podcast Follow us on LinkedIn, YouTube, Twitter, Instagram and Facebook @ThinkMultiGreen Learn more at www.multi.green © 2019-2021 MultiGreen Properties, LLC. All Rights Reserved. Securities offered through i(x) Securities, LLC (Member of FINRA and SIPC).

Attainable Construction and Policy Statistics with Anirban Basu Season 01 | Episode 12 In this episode, Randy C. Norton, Founder and Chairman of MultiGreen, interviews Anirban Basu, Chairman & CEO of Sage Policy Group. They discuss current challenges to building much-needed housing, and how new construction practices and a new generation of leaders might resolve these challenges. (1:14) Meaning of Anirban’s name (3:20) Current market conditions: after pandemic, demand is strong, but supply is lagging (5:14) With supply issues, the role of construction attorney has never been more important (8:33) Impact of wasted resources on homebuilding, how to increase efficiency/productivity (11:21) Causes of current labor shortage in construction (14:13) NIMBY opposition is another obstacle, and more immigration could resolve bottlenecks (17:04) Next generation of political leaders, millennials, could solve housing problems (19:46) Prediction of increased multi-family development, but rising delivery costs hurt attainability (21:33) Office and retail space surplus could be converted to housing or other uses Additional mentions Construction Financial Management Association What is a Construction Attorney? Slow productivity growth in construction industry NIMBY — Not In My Backyard, opponents to housing construction Millennials — largest generation in US history Anirban Basu’s Substack MultiGreen’s Housing Goal Let us know your thoughts on this episode! Explore the United Nations Sustainability Development Goals Start a conversation with #ThinkMultiGreen #WorkforcePlus #ProfitWithPurpose #Attainability Subscribe to The MultiGreen Podcast Follow us on LinkedIn, YouTube, Twitter, Instagram and Facebook @ThinkMultiGreen Learn more at www.multi.green © 2019-2021 MultiGreen Properties, LLC. All Rights Reserved. Securities offered through i(x) Securities, LLC (Member of FINRA and SIPC).