Real Estate
Sep. 3, 2003
Risk Transfer
BY STUART MINER Constrained markets create interesting scenarios for developers and real estate executives. On one hand, land is extremely valuable because of its scarcity. On the other hand, the only land that is available for development is often that with environmental contamination, which is known as brownfields.
BY STUART MINER
Constrained markets create interesting scenarios for developers and real estate executives. On one hand, land is extremely valuable because of its scarcity. On the other hand, the only land that is available for development is often that with environmental contamination, which is known as brownfields.
Still, it's possible to recognize the value of impaired land through the use of a risk-transfer mechanism that enables property owners to mana...
Constrained markets create interesting scenarios for developers and real estate executives. On one hand, land is extremely valuable because of its scarcity. On the other hand, the only land that is available for development is often that with environmental contamination, which is known as brownfields.
Still, it's possible to recognize the value of impaired land through the use of a risk-transfer mechanism that enables property owners to mana...
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