RTM Logo

  • *
  • *
 
•Pacific Western Bank, San Diego, California, Assumes All of the Deposits of Los Padres Bank, Solvang, California
[August 26, 2010]

•Buying Distressed Assets out of Bankruptcy
[August 20, 2010]

•EPA Proposes Rules on Clean Air Act Permitting for Greenhouse Gas Emissions
[August 17, 2010]

•Federal Task Force Sends Recommendations to President on Fostering Clean Coal Technology
[August 17, 2010]

•EPA Rule Increases Protection from Lead-Paint Poisoning
[July 7, 2010]

Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25

News

Consultant Says Market Remains Uncertain

[April 20, 2010]

PHILADELPHIA—The outlook for the U.S. real estate market—and distressed properties such as brownfields in particular—is still uncertain, a brownfields consultant told a conference on sustainable property transactions April 14. Dean Jeffery Telego, president of Risk Management
Technologies and RTM Communications, said the number of distressed properties ‘‘has multiplied at a startling rate.’’ But there are hopeful signs, he said. Capital markets
are recovering, and brownfields transactions are happening, albeit at a ‘‘snail’s pace,’’ Telego said. Although there are not many of them, brownfields transactions increasingly result in successful cleanups with a new emphasis on sustainable design, construction,
and green remediation practices and principles, Telego said. Telego spoke on the opening day of a three-day conference, Sustainable Property Transactions: Retooling the Business of Contaminated Site Redevelopments. The conference, which runs through April 16, was organized by RTM Communications. BNA is a co-sponsor. The conference is focusing on the future of brownfields, which EPA defines as ‘‘real property, the expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of a hazardous
substance, pollutant, or contaminant.’ To read the full story go to Articles.