Synopsis:  Remediation Perspectives from a Brownfields Investor - Winefield & Associates

We will discuss frequently asked questions about methods to conduct property transactions with environmental impacts.  These questions will include:

1. What are some guidelines to consider about property value
   diminution when faced with contaminated sites?
2. What kinds of deal structures are typically in place for property
   transactions with known contamination?
3. What sources of government environmental clean-up grants/loans are
   available to the seller or buyer? 
4. How often do sites have older insurance policies for environmental
   contamination? 
5. What lending institutions have the lowest/heaviest risk profile
   when it comes to contaminated sites?
6. How can a seller of contaminated sites be protected from future
   liability after the sale?
7. Who will buy heavily contaminated sites? 
8. How can environmental consultants and labs benefit from
   brownfields investors? 

Speaker Biography:  

Matt Winefield is an engineer and businessman who has been supporting the redevelopment of contaminated properties since 1989. After redeveloping oil fields, refineries, and service stations for the California oil industry (Chevron, et al.), Matt formed his first engineering consultancy in 1997. In 2005, he added a separate engineering staffing firm to his portfolio. These two companies were successfully sold to a private equity partnership. Throughout his career Matt has added value to blighted and contaminated properties using effective agency negotiations and cost-conscious environmental strategies, thereby maximizing return on investment. He also specializes in obtaining environmental cost recovery from third parties such as government agencies, historical insurers, and potentially responsible parties. He is currently responsible for due diligence and remediation oversight of environmentally-challenged sites for a portfolio that includes outside investors. The investors are extracting considerable arbitrage from contaminated properties in premium, infill locations.

Matt holds a BS in civil engineering from the University of Illinois at Urbana-Champaign, an MS in environmental engineering from California State University Long Beach, and an MBA from the UCLA Anderson School of Management. He also maintains an active California Professional Engineering license, and belongs to several real estate, investment, and banking professional organizations.

Date: Tuesday, October 16, 2018

Time: 11:30 a.m. to 1:00 p.m. (registration/networking from 11:30 a.m. to noon)

Where: Firehouse Restaurant, 1112 2nd Street, Sacramento, CA 95814

Who We Are:

The Professional Environmental Marketing Association (PEMA) is an organization comprised of local and regional chapters whose membership is involved in business development, sales, marketing, and other related professional activities in the environmental field. The Sacramento California Chapter of PEMA operates in the greater Sacramento metropolitan area which includes Sacramento, El Dorado, Placer, Yolo, and San Joaquin counties.

Sacramento PEMA was founded as a marketing and networking organization in 1995 as an affiliate of the Northern California Chapter of PEMA. Networking encourages formation of business relationships, development of business and teaming opportunities, and exchange of ideas. Sacramento PEMA recently broadened its scope to provide technical and regulatory information of interest to its members.