Nessel Development Donates Nearly $7M to Non-Profit Charitable Organizations in 2020

2/9/21

Nessel Development, a commercial real estate investment firm and parent company of New Jersey-based Nessel Energy, proudly donated nearly $7 million dollars in 2020 to non-profit charities. Recipient organizations, such as The Pollination Project, The Good Food Institute, and The Humane Society of the United States, included those engaged in environmental protection, food system reform and animal welfare.

With the recent launch of Nessel Energy, the parent company plans to further integrate the renewable energy division into future philanthropic efforts. Together, the company has a goal of delivering $100 million in non-profit charitable donations to reduce suffering worldwide.

This is not the first year Nessel Development has demonstrated its commitment to making the world a better place. Philanthropy is a core component of the company’s mission – one in which every project is viewed through a lens that draws focus on both environmental sustainability and social responsibility. Nessel firmly believes in sharing the financial success of its efforts with the community and strives to donate a significant portion of its adjusted gross income to deserving charities and causes each year. The company’s philanthropic arm, Mobius, focuses on its areas of strength – redeveloping habitable spaces, abating suffering, and inclining well-being – and has donated more than $20 million over the past five (5) years.

“In a year with such great suffering around the world, we take great pride in our ability to give back and make even a small difference,” said Ari Nessel, Principal of Nessel Development and Mobius Co-Founder. “As a company, we see Nessel Energy as being a big part of our future growth and ultimately playing a key role in achieving our philanthropic goals.”

“We are not a traditional solar company,” said Thomas Loredo, Nessel Energy Managing Director. “Yes, our Rooftop Revenue ProgramSM enables owners to use the sustainable benefits of solar energy, increase NOI, and reduce operating expenses. But our goal is rooted in our commitment to giving back as we grow. It goes hand-in-hand.”

Nessel adds, “Mobius is defined as ‘an effort to both create and transform financial and human capital into new forms of wealth that truly expand well-being in the world, doing so in a way that links the inner and outer life’ and recognizes the connection between the two. We are committed to merging these inner and outer lives on a path to make the world a better place for all.”

About Nessel Development

Nessel Development is a commercial real estate investment firm with over 20 years of real estate experience across commercial, multifamily, and industrial properties. The company's portfolio value exceeds over a quarter billion dollars and 8 megawatts (MW) of solar under its belt. Moreover, Nessel firmly embraces corporate social responsibility and believes in sharing the financial success of its efforts with the community. It holds a strong commitment to environmental, social and governance (ESG) and shares its pledge with helping other business achieve their ESG goals. The firm, which is headquartered in Dallas, Texas, has a local office at 3000 Atrium Way in Mount Laurel, New Jersey. Visit www.nesselinc.com and www.mobius.life for more information.

About Nessel Energy

Nessel Energy provides sustainable energy solutions for real estate owners and developers. The company division, which is part of Nessel Development, leverages over 20 years of real estate experience across commercial, multifamily, and industrial properties to provide unparalleled energy advising and services. Nessel also strives to donate over half of its adjusted gross income to deserving charities and causes each year. Visit www.nesselenergy.com for more information.

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