Course Description

Understanding the Risks and Rewards
Course ID: 
REM-404
Category: 
Remediation / Toxicology
Continuing Education Units: 
0.70CEUs
Description: 

In this 1-day course, attendees will learn what characterizes a “Brownfield” project, how it differs from a conventional “Greenfield” real estate transaction, and why it would be desirable for a public entity or private investor to pursue a Brownfield.

Participants will learn the components of a Brownfields transaction, what legal pathways are available through individual state programs to certify site closure, and a review of state-specific Voluntary Cleanup Program (VCP) cleanup processes.  Participants will come away with better understanding of the critical due diligence tasks that are necessary to complete a successful Brownfield transaction included legal, real estate, environmental, financing, risk transfer (insurance).  Case studies and active engagement with the attendees will be used to reinforce the points presented in lecture.

Understanding the topics covered will provide attendees with a current and better-informed perspective on the actual risk and reward afforded to individual investors and public entities that are motivated to produce a win-win financial reward and public benefit

 

"[The instructor] explains the subject matter very well. Pertinent & understandable." C. Stolle, March 2014

"I appreciated how he encouraged class participation. It was a great way to hear other applications of the topics." Anonymous, March 2014

"I found it very informative because of interaction and questions answered in class." Anonymous, March 2014

 

*Reduced tuition is available for Native American tribes, government employees, nonprofits, students and AFS, NAEP, NEBC, TAEP members.

You may register online or by calling the Northwest Environmental Training Center at (425) 270-3274. Online registration is strongly encouraged.

Please wait to receive a course confirmation email, roughly one month prior to the class, before making any travel arrangements.

Course Materials: 

Attendees will receive a course manual containing workshop proceedings and reference material.

Intended Audience: 

This course is intended for municipal planners, policymakers, and permitting officials who desire to have a basic working knowledge of what constitutes a Brownfield so that they are able to encourage and facilitate private and public redevelopment investment in their communities.  The course is also intended to educate real estate developers and their attorneys and environmental consultants that perceived environmental risks for Brownfields are often significantly greater than the actual risks, and that the perceived risks often stymie redevelopment unnecessarily. 

More Information

Course Topics

  • Brownfield vs. Conventional Real Estate
  • Environmental Due Diligence
  • Regulatory Options
  • Voluntary Cleanup Program 
  • Legal Review
  • Real Estate
  • Entitlements
  • Proforma
  • Financing Options – the “Capital Stack”
  • Risk Management – Environmental Insurance
  • Environmental Investigation and Remediation
  • Case Studies

What to Bring

Pen or pencil, and paper if you do not want to take notes in your manual. Drinks and snacks will be provided each day. Lunch will be on your own.

Billing Information

In order to guarantee a space in a course, the tuition must be paid in full TWO WEEKS before the first day of the course by either check or credit card. State and government agencies paying with a purchase order are allowed payment under the two-week time frame if a copy of the purchase order is received by NWETC.

If You Need to Cancel

Cancellations*

  • With 31 or more days notice, we will offer a 100% refund or credit towards a future course. The credit is good for one year and may be applied to any course.
  • With 30-8 days notice, we will offer a course credit towards a future course. The credit is good for one year and may be applied to any course.
  • With fewer than 8 days notice, there is no course credit available


*Please note that attendee replacement is welcome at any time

Disability Accommodations

Disability Accommodations:

No upcoming offerings

Click here to be notified when this course is scheduled in your area. Please note what state is most convenient for you.

Workforce Development-Safety/OSHA/Procedure

*Follow NWETC on twitter, and "like" us on Facebook by clicking the icons: