Why Capital Improvements Could Be Free Q&A with Stephen Gossett Jr., co-founder
and vice president, Transcend Equity Development
Corp.
In 1997, Stephen Gossett Jr. predicted that commercial
real estate would become a huge emerging market
for retrofitting office buildings that are not
energy efficient. As it turned out, Gossett was
prescient given rising energy costs and forthcoming
federal regulation that is anticipated to impact
commercial real estate in the next few years.