We cultivate healthy...
The presence of healthy living conditions for our residents in our multifamily properties is a major touchstone for Purple Vetch Properties. Although our doors are always open to all interested and qualified residents, we are particularly sensitive to the lack of healthy multifamily affordable housing living environments for families with children, the elderly, and persons with special needs. PVP believes that these members of underserved segments of our population are entitled to more than merely safe, decent and sanitary living environments. We also believe that our residents should have the opportunity to live in the midst of inspiring historic properties, and greener apartments with indoor air quality of the finest measure, free of toxins and pollutants, a scenario that is far too often reserved for people who may have greater financial resources.
Purple Vetch Properties believes that working with inspiring historic or heritage buildings is the most sustainable thing we can do as a commercial real estate company. Whether our focus in on historic pre-existing apartment buildings, or the adaptive re-use of a historic factory or school for multifamily affordable housing, we believe that our high performance sustainability plans for multifamily properties will extend the life cycle of our buildings, thereby honoring the historical and cultural heritage that the buildings represent, diminish the amount of building materials consumed in the renovation process, tighten the 'building envelope', and maximize the extent to which energy efficiency is achieved and water utilization is appropriately curtailed. These efforts will also inevitably contribute to enhanced appreciation of a property, providing enriched value to investors.
Our residents are provided ample opportunity to create 'community' within their multifamily living environment, through meaningful on-going communication with management about how best to serve their needs. Purple Vetch Properties approaches each apartment complex as a unique system, with its own character and flavor, and its residents are entitled to participate in shaping the creation of their own living community. PVP also strives to ensure that the residents are given the tools and incentives to interact with the community at large, so that our residents, and the neighborhood in which they live, can mutually benefit. It is particularly important that PVP properties are 'shared' with the larger surrounding community, since the historic significance of these properties is often a bedrock anchor in a community, connecting many residents to their cultural heritage and ancestry.
Purple Vetch Properties is committed to reducing the carbon footprint of all of our properties. Well constructed historic properties often embody significant energy savings over 'newer' buildings constructed with more energy consumptive materials. Not to mention the sheer impact on the environment that razing a historic building wreaks on our environment. PVP is constantly exploring ways to use rapidly renewable materials on its multifamily sites and perform site restoration activities that actually lead to improving the environment. We recognize that long term effects on our environment are a direct result of a continuous stream of decisions each of us makes every single day. PVP takes this responsibility very seriously and we strive to continously partake in sustainable activities within the context of operating and managing PVP properties and our other business practices.