For the majority of our projects, GV must acquire land or the rights to develop mitigation in order to complete restoration to satisfy our clients’ specific needs. Land acquisition can occur in a number of ways depending upon the needs of the owner and the potential of the site to generate ecological asset value. We work with land owners to assess their needs and evaluate the maximum potential for the property both ecologically and economically.
We work with land owners to ensure they achieve their preferred goal in assessing the use or disposition of their property. Many companies do not want to sell their land but recognize the value of retaining even their conserved properties. Some companies have corporate directives to sell within a prescribed time. The difficulty is that until they fully understand the scope of the eco asset values in their land base and the logistics in reaching that value it is next to impossible to make an informed decision. GreenVest tailors it’s remedies and strategy to meet the client’s goal. There are several ways in which GV acquires land for a project.
Land owners may choose to donate land for the purposes of ecological restoration and future conservation. This option may be accomplished by donating fee title or placing a conservation easement on the subject property or a portion thereof. High net worth owners may potentially be interested in donating a property to generate capital gains offsets or other tax benefits. A major corporation with surplus property looking to establish regulatory good will, charitable contributions or enhance their balance sheet also may want to consider donating their land for this purpose.
- Bargain Sale:
Another option in place of a donation is a bargain sale in which owners who may require some “cash out” for the land coupled with capital gains, tax or charitable contribution benefits sell their land at a reduced price. This may be an option for major corporations that need to address shareholder scrutiny by taking value in the form of tax benefits as well as some monetary return.
- Market Rate Acquisition:
Market rate purchase of a property is based upon regional demand and potential value including credit or ecological asset yield.
- License Agreement:
In a License Agreement, the owner retains fee title but grants permission to GreenVest to develop mitigation on the subject site or a portion thereof. This approval or permission is called a “License”, is carefully drafted to protect both parties. This option can provide a combination of ownership rights/benefits coupled with “cash out” or tax, capital gains and/or charitable contribution benefits.
We are constantly looking to purchase or license environmentally and ecologically challenged land throughout the Mid-Atlantic Region and most recently New England. If you have a piece of property that fits the bill and are looking to generate cash flow please call us to discuss your sites’ potential.