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Distressed Property Repositioning (Brownfields)
Ridgeline works with owners of environmentally challenged properties
to reposition these assets for sale and reuse at the highest
possible value while minimizing risk to all stakeholders. This
includes determining the highest and best use of the property,
identification of potential purchasers, working with local officials
to obtain Brownfield incentives and the use of various risk
management alternatives including environmental insurance and
guaranteed, fixed price remediation contracts.
Ridgeline also works with clients who seek to
acquire environmentally challenged real estate for redevelopment and
reuse. This includes identification of properties that fit the
clients profile for site needs such as location, size,
infrastructure and the availability of various Brownfield
incentives. Ridgeline works with prospective purchasers to locate
appropriate properties, evaluate the potential for land use and
zoning changes, and determine appropriate risk management
alternatives consistent with the future reuse of the property.
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