A multistory greenhouse at Bower offers residents a quiet, contemplative space to relax and immerse themselves in a more natural environment. Photo by Ed Wonsek / Courtesy

A developer that’s active in Boston and Quincy multifamily projects is changing its name to reflect its emphasis on sustainable building practices.

Gerding Edlen Investment Management rebranded as The Green Cities Co. and said its managing partners who have managed its Green Cities Funds have acquired the outstanding equity from former partners. The company has offices in Boston, San Francisco and Portland, Oregon.

The firm’s current funds and investments will continue to be overseen and managed by the existing team, led by Managing Partners Molly Bordonaro, Kelly Saito, Brent Gaulke and Patrick Wilde. The company uses a proprietary “Green Cities Index” to evaluate acquisitions and design and manage properties, incorporating an analysis of factors including climate change, diversity, resiliency and health and wellness.

The Green Cities’ local properties include the Bower apartments in the Fenway, Factory 63 and 315 on A in Fort Point, Troy Boston in South End, The Eddy in East Boston and Neponset Landing in Quincy.