Jul 20, 2017 - New Haven Independent Article Excerpts about the New Haven Project in New Haven, CT. A developer won permission to stockpile clean dirt in preparation for the cleanup and future development of a former Winchester Repeating Arms factory. The developer, Double A Development Partners LLC, has plans to transform a 13-acre site formerly owned by [...]
Environmental liability now ranks at or near the top of the list of risk factors concerning real estate investors, developers and financial institutions (Click for Risk Factor Report). Fear of environmental liabilities is magnified in the face of increased focus on sustainability and corporate social responsibility as investors are now championing green investment opportunities. RESIGHT Advisors [...]
Written by: Michael Malley, President, RESIGHT Advisors Valuation of liability in environmentally impaired real estate transactions represents the single greatest obstacle to successful transactions on this asset class. This is particularly true for corporations, including publically owned companies, seeking disposition options for environmentally impaired assets through merger, acquisition, restructuring and one-off transactions. Buoyed by a common [...]