Real Estate and Finance in Today’s Economy
Brownfield Market Update: Where Do We Go from Here?
Do you want to develop or invest in a brownfield property, but are you unsure if this is the right time to progress? Are you wondering what the future holds for the brownfield market? Join experts as they paint a comprehensive picture of the current state of the brownfield market in both the United States and Canada, by looking over real estate trends, capital market trends, construction and development activity, and transaction activity.
Banking on Abandoned Properties
Land banks can open the door for communities to reclaim, reinvest in, and rebuild their neighborhoods. City and county land banks can offer a constructive community development tool by allowing counties and municipalities to avoid the potential neglect or misuse of a property that can result from selling land at auction. Land banks can acquire abandoned land through the foreclosure process, assemble parcels, and determine the best use of the land. The objective is to restore neighborhood and community integrity by removing dilapidated structures an
Getting Deals Done: Successful Land Development Strategies Using Structured Seller Financing and Joint Ventures
The absence of available equity investment capital has made getting successful real estate ventures off the ground nearly impossible, despite the fact that there are numerous ready sellers of prime real estate and eager developers looking to exploit the opportunity that each property represents. George Vallone, president of the Hoboken Brownstone Company, discusses the use of structured seller financing and joint ventures as a creative and practical solution to this lack of equity capital. These alternative deal structures have the distinct advantage of
Getting the Project off the Ground: Creative Funding for Initial Brownfield Development
Today’s market is suffering in the aftermath of the real estate market bubble burst and the implosion of the securitized mortgage market. After ten years of promotion during a booming real estate market, we now have willing participants for brownfield reuse, but conventional financing has become difficult to obtain. In this session, established brownfield developers talk with commercial lenders to reveal creative ways to fund the initial development stages of a brownfield to position it for further private invesment and conventional bank financing.
Enhancing the “Green Bottom Line”: Leveraging Tax Incentives for Sustainable Revitalization
Several federal tax incentive programs can help finance sustainable developments, brownfield reuse, or even green brownfields. This session provides an overview of the nuts and bolts of several key tax incentives—new markets tax credits, energy efficiency and renewable energy credits, low-income housing tax credits, and historic rehabilitation tax credits—and how such incentives can be integrated into brownfield and sustainable development financing strategies to bring about real project results. Case studies illustrate the use of these incentives in pra
Industrial Site Certification Programs Create Project-Ready Industrial Sites
Today’s real estate market demands industrial sites that offer strategic advantages for project development. Oregon’s Certified Industrial Lands Program meets this demand by creating an inventory of highly marketable, project-ready industrial sites that are ready for construction within six months or less.
Waking Up Your "Sleep Insurance": When Pollution Policies Respond
Panelists will highlight significant contamination issues that affect brownfield redevelopment, and discuss what happens when policies purchased as "sleep insurance" are triggered; from carrier notification and negotiations with regulators and the carrier to getting the claim paid and achieving closure for site conditions. The panelists will discuss their first-hand experience with cost-cap and contractor's pollution liability claims, and will include a regulator, site owner, contractor, and risk management broker.
Tax Increment Financing, Tax Credits, and Creative Financing
Creative funding is critical when trying to finance a brownfield redevelopment project. Explore innovative techniques being employed around the country to redevelop brownfields into productive community assets. From mixed-use layered financing to the development of energy and green facilities, public and private sector experts in this session explore financing tools such as tax increment financing, tax credits, loan funds, and structured financing.
Getting the Job Done: Taking Advantage of EPA Resources
The EPA has a range of resources to promote site cleanup and reuse, in addition to its traditional brownfield programs. Learn what resources are available and how they can be deployed and leveraged through a discussion with Superfund, water, and other key EPA program leaders. Find out how their project funding can be linked to various brownfield activities as part of a broader cleanup and reuse effort. A key point of the conversation is community stakeholders’ discussion of how they promoted these linkages, issues they encountered and resolved, and