EBC BROWNFIELDS SEMINAR: Connecting Communities ...
EBC BROWNFIELDS SEMINAR: Connecting Communities & Brownfield Properties to EndUser’s A Results Oriented Approach to Brownfield Disposition/Redevelopment September 17, 2010
SUSTAINABLE STRATEGIES 2050 Vision Statement Deliver 21st century sustainable solutions globally at the intersection of real estate, energy, environmental, and infrastructure sectors
SUSTAINABLE STRATEGIES 2050
Real Estate Acquisition/Development Real Estate Consulting Renewable Energy/Clean Technology Environmental Consulting Infrastructure Investment Mergers & Acquisitions www.sustain2050.com
If You Clean Them, Will They Come?
Today’s Seminar
How do users make site selection decisions? How do owners position and market their properties? How do economic developer’s structure incentives to attract users? How does it all come together?
FACTORS IMPACTING THE REAL ESTATE MARKET
Global economic growth/job growth Capital Flows Federal/State/Local budgets Energy prices Supply/demand equilibrium
CHALLENGES – REAL ESTATE SECTOR
Financial Markets Land Valuations/Appraisals Exit Strategy/User Commitments Sellers waiting for market recovery (unless forced to sell due to mortgage obligations or other drivers) Pricing of existing assets well below replacement costs (forced sale of troubled assets will establish corrected new pricing levels)
CHALLENGES – FINANCIAL MARKETS
Large number of commercial loans maturing Significant defaults expected on commercial mortgages (2010-2012) Private equity will fill some of the gap, higher return expectations Lending will increase in latter part of 20102011 but underwriting will continue to be very conservative
OPPORTUNITIES
Good opportunities for well capitalized buyers Federal $/State incentives will continue to facilitate opportunities Corporate asset dispositions/sale leasebacks will increase as owners shed facilities/space Brownfield sites could be attractive destinations for renewable energy manufacturing/R&D firms
CONTACT INFO Rayo Bhumgara President Sustainable Strategies 2050 p: (617)413-8858 e: [email protected] w: www.sustain2050.com
SUSTAINABLE STRATEGIES 2050 Vision Statement Deliver 21st century sustainable solutions globally at the intersection of real estate, energy, environmental, and infrastructure sectors
SUSTAINABLE STRATEGIES 2050
Real Estate Acquisition/Development Real Estate Consulting Renewable Energy/Clean Technology Environmental Consulting Infrastructure Investment Mergers & Acquisitions www.sustain2050.com
If You Clean Them, Will They Come?
Today’s Seminar
How do users make site selection decisions? How do owners position and market their properties? How do economic developer’s structure incentives to attract users? How does it all come together?
FACTORS IMPACTING THE REAL ESTATE MARKET
Global economic growth/job growth Capital Flows Federal/State/Local budgets Energy prices Supply/demand equilibrium
CHALLENGES – REAL ESTATE SECTOR
Financial Markets Land Valuations/Appraisals Exit Strategy/User Commitments Sellers waiting for market recovery (unless forced to sell due to mortgage obligations or other drivers) Pricing of existing assets well below replacement costs (forced sale of troubled assets will establish corrected new pricing levels)
CHALLENGES – FINANCIAL MARKETS
Large number of commercial loans maturing Significant defaults expected on commercial mortgages (2010-2012) Private equity will fill some of the gap, higher return expectations Lending will increase in latter part of 20102011 but underwriting will continue to be very conservative
OPPORTUNITIES
Good opportunities for well capitalized buyers Federal $/State incentives will continue to facilitate opportunities Corporate asset dispositions/sale leasebacks will increase as owners shed facilities/space Brownfield sites could be attractive destinations for renewable energy manufacturing/R&D firms
CONTACT INFO Rayo Bhumgara President Sustainable Strategies 2050 p: (617)413-8858 e: [email protected] w: www.sustain2050.com
