AFCEC’s Real Estate Development mission strengthens Department of the Air Force installations by maximizing the strategic value of non‑excess real property. Through enhanced use leasing, encroachment partnerships, utilities privatization, lodging modernization, and other value‑based transactions, AFCEC delivers long-term benefits that support Air Force missions, improve installation resilience, and create enduring value for Airmen and surrounding communities.

AFCEC’s Real Estate Development portfolio includes a range of programs designed to optimize Air Force real property and protect mission capabilities:

These programs work together to ensure installations remain ready, resilient, and positioned for future mission needs.

An Enhanced Use Lease, or EUL, is a partnership between the Air Force and public or private developers to create mutually beneficial commercial projects on non‑excess Air Force real estate. In exchange for leasing property, the Air Force receives cash or in‑kind consideration at or above fair market value. EUL projects range from energy generation and research facilities to commercial development and mission-support infrastructure.

AFCEC manages the full lifecycle of EUL execution, including:

For more information, please contact AFCEC.CIUE.Workflow@us.af.mil.

The Department of the Air Force Readiness and Environmental Protection Integration, or REPI, Program preserves military missions by supporting cost‑sharing agreements between the military services, other Federal agencies, state and local governments, and private organizations. These partnerships help avoid land‑use conflicts near military installations, address environmental restrictions that limit military activities, and increase installation resilience.

For more information, please contact AFCEC.CIUB@us.af.mil.

Utilities Privatization is the conveyance of installation utility systems to a privatized utility system owner. The system owner is responsible for operating and maintaining the utility system at current industry standards, resulting in robust, reliable, and responsive utility systems that support mission readiness.

For more information, please contact AFCEC.UP.PfM@us.af.mil.

The Commercial On-Base Lodging Program, or COBL, is the Department of the Air Force’s strategic initiative to ensure the long-term sustainment of on-base lodging. The DAF is executing a phased competitive selection, negotiation, and closing of a 50-year commercial lease to transfer the operation of DAF lodging in the United States to a commercial enterprise.

Group A, consisting of 23 installations, is anticipated to close in fall 2027, with Group B closing in late 2029. The DAF has selected Centinel Public Partnerships LLC, with IHG Hotels & Resorts as the hotel operator, as the successful offeror and intended lessee for the COBL Group A initiative. This partnership will bring nationally recognized hotel brand experience and innovation to the long-term sustainment and modernization of official lodging across the Air Force.

For more information, please contact AFIMSC.COBL.PMO@us.af.mil.

AFCEC develops cooperative agreements with eligible entities, prepares REPI proposals, advocates and allocates funding, and oversees lifecycle project execution. These efforts reduce encroachment threats, protect mission-critical airspace and training areas, and strengthen installation resilience.

Portfolio Management oversees the long-term health and sustainability of financial returns from EULs, easements, and other value-based transactions. This includes monitoring lease compliance, managing revenue streams, and ensuring projects continue to support Air Force mission needs throughout their lifecycle.

This page was last reviewed on Aug. 28, 2026.