Sentinel Real Estate Earns 2023 5 Star GRESB Rating

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Sentinel Real Estate has earned a 5 Star rating for its performance in the 2023 Global Real Estate Sustainability Benchmark (GRESB) on behalf of Sentinel Real Estate Fund, LP (SREF), which is the highest rating offered by GRESB for distinguished Environmental, Social and Governance (ESG) leadership and performance.

Nova at Green Valley Apartments exterior

Sentinel Real Estate Fund, LP Ranks First in its Peer Group for Participation in the 2023 GRESB Real Estate Benchmark Assessment. NOVA at Green Valley Apartments, an SREF property, features rooftop solar panels.

Each year, GRESB assesses and benchmarks the ESG performance of assets worldwide, and this year its ESG Assessments covered more than $8.8 trillion of assets under management. The GRESB 5 Star rating recognizes SREF for achieving a score among the highest 20% of 2,084 participants’ scores in the 2023 Real Estate Assessment worldwide.

"This important distinction reflects Sentinel's continued efforts to positively impact the environments in which we invest, and we are honored to be recognized as an ESG leader in our industry," said Nick Stein, Managing Director and Chair of Sentinel's ESG Committee. "ESG objectives are integrated into all aspects of our real estate operations and investment strategy as a whole, and we are proud of our team’s collective efforts to drive forward long-term solutions for our environment and society."

GRESB logo

SREF achieved the highest overall GRESB score among its peers in the United States of America/Residential: Multi-Family: Low-Rise Multi-Family/Core category, receiving an overall score of 89 out of 100 points. SREF also ranked 3rd out of the 135 participants in the overall Americas Residential sector. Other notable scores in this year's assessment include 30 out of 30 points for management, outperforming the benchmark average by three points, and a performance score of 60 out of 70, surpassing the benchmark average by 12 points.

Sebastian Roussotte, CEO of GRESB, said, "GRESB Sector Leaders embody the industry's champions, leading the charge towards a net-zero future and propelling the sector forward. We wholeheartedly commend this year’s Sector Leaders for their dedication, leadership and commitment to ESG principles and sustainability."

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Learn more about Sentinel's ESG efforts, which includes our latest ESG report.

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