Intermediate1.5 hours13 terms

Brownfield Investment Terms Collection

This curated collection offers key terms that might be helpful when exploring brownfield real estate investments. It's designed as a quick reference to commonly referenced concepts, supporting your learning journey without claiming comprehensive coverage.

Term Collection

Adaptive Reuse

Adaptive reuse is a real estate strategy that converts an existing building from its original purpose into a new, often more profitable use, preserving the structure while meeting modern market demands.

Intermediate13 min

Risk Management

Risk management in real estate is the systematic process of identifying, assessing, and controlling potential threats to an investor's capital and returns, ensuring long-term asset protection and profitability.

Intermediate12-13 min

Brownfield Site

A Brownfield site is a property that has been previously developed, often for industrial or commercial use, and may have real or perceived environmental contamination that complicates its reuse or redevelopment.

Beginner5 min

Development Costs

Development costs are all the expenses incurred during the process of acquiring land, designing, constructing, and preparing a real estate project for use or sale, from start to finish.

Beginner5-6 min

Public-Private Partnership

A Public-Private Partnership (PPP) is a long-term contract between a public entity and a private company for the provision of public assets or services, leveraging private sector expertise and capital to deliver infrastructure and services traditionally provided by the government.

Advanced9 min

Environmental Liability

Environmental liability refers to the legal responsibility of property owners or operators for the cleanup of hazardous substances and other environmental damage on or emanating from their real estate assets, often involving significant financial and legal risks.

Intermediate6 min

Opportunity Zones

Opportunity Zones are a federal program offering tax incentives for investors who reinvest capital gains into designated economically distressed communities through Qualified Opportunity Funds (QOFs), aiming to spur economic development and job creation.

Intermediate14-15 min

Feasibility Study

A comprehensive assessment of a proposed real estate project or investment to determine its viability, practicality, and potential for success across market, technical, financial, operational, and legal aspects.

Intermediate12-13 min

Environmental Site Assessment

An Environmental Site Assessment (ESA) is a report identifying potential or existing environmental contamination liabilities on a property, crucial for real estate due diligence and risk management.

Intermediate14-15 min

Environmental Remediation

Environmental remediation is the process of removing pollutants or contaminants from soil, groundwater, sediment, or surface water to protect human health and the environment, often crucial in real estate transactions and redevelopment.

Intermediate8-9 min

Environmental Insurance

Environmental insurance provides coverage for liabilities and costs associated with pollution incidents, contamination, and environmental damage, crucial for real estate investors managing properties with potential environmental risks.

Advanced8-9 min

Regulatory Compliance

Regulatory compliance in real estate investing refers to adhering to all applicable federal, state, and local laws, rules, and regulations governing property acquisition, ownership, management, and disposition to avoid legal penalties and financial losses.

Intermediate5 min

Real Estate Tax Credits

Real estate tax credits are direct dollar-for-dollar reductions in federal or state income tax liability, designed to incentivize specific real estate activities such as affordable housing development, historic preservation, or renewable energy installations.