APPA Green Real Estate Development

A distinguished real estate executive, investor, and developer, Aaron Marzwell has served as the CEO of APPA Real Estate in Los Angeles, California, for nearly a decade, overseeing all aspects of the firm’s project development. APPA also undertakes real estate impact investing under the guidance of Aaron Marzwell, intending to make a return on investment while simultaneously having a beneficial environmental and social effect through various approaches, such as green real estate.

A certified B corporation, APPA Real Estate is committed to fostering the development of affordable housing and a sustainable environment while providing concurrent returns to its accredited impact investors. One of the key investment endeavors of the firm is the development of green real estate.

By promoting green real estate development, APPA steps in to mitigate detrimental processes and activities concerning the environment. By definition, green real estate strategies are approaches designed to preserve the sustainability of the environment. An environment is sustainable when resources are integrated into a clever loop of usage and recycling to ensure the long-lasting availability of those resources.

APPA's approach to green real estate development is meticulous. The firm upholds practices that align with this goal from the very beginning of each project. APPA boasts innovative architecture that relies on locally-sourced materials and also improves energy and water efficiency. The firm is also fastidious about waste generation and management in every project. APPA's projects minimize waste output by avoiding raw materials that can't be recycled and recycling every scrap generated in each project's development stage.

Increasing Priority in Urban Areas

The chief executive officer of APPA Real Estate, Aaron Marzwell helps investors generate passive income through multi-family and development investments. Developer Aaron Marzwell maintains a particular interest in creating affordable workforce housing.

In urban areas, housing can be financially out of reach for moderate to middle-income workers, making long commutes necessary. Workforce housing generally refers to affordable housing for households that earn between 60 percent and 120 percent of the area’s median income. Additionally, workforce housing should cost no more than 30 percent to 40 percent of an individual’s income.

In 2021 the Los Angeles City Council approved an eight-year plan for housing development that will allow for the construction of nearly half a million new housing units by 2029. Along with new construction, remedies for the workforce housing problem include government financing programs such as tax credits, mortgage revenue bonds, and local financial assistance programs. Additionally, regular changes such as zoning and building code changes can increase the supply of housing to accommodate city workers whose income exceeds affordable housing thresholds.