For the majority of our projects, we acquire land or the rights to develop mitigation on a given property, in order to complete restoration that satisfy our clients’ needs. Land acquisition can happen a number of different ways, depending upon the needs of the owner and the potential of the site to generate ecological asset value.
We’re constantly looking to purchase or license environmentally and ecologically challenged land throughout the Mid-Atlantic Region and more 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.
When it comes to land acquisition, landowners have several options to consider and we work with them to make certain their goals for the property are met. There are several ways that GreenVest may go about acquiring land for a project.
Donation: Landowners can choose to donate acreage for the purposes of ecological restoration and future conservation by donating fee title or placing a conservation easement on all or a portion of the property. High-net worth owners may also be interested in donating their property to generate capital gains offsets or other tax benefits. For corporations with surplus property, a charitable contribution of land bolsters goodwill in the community and comes with solid tax benefits.
Bargain Sale: An alternative is a bargain sale that lets property owner’s cash out their land quickly. 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 on regional demand and potential value including credit or ecological asset yield.
License Agreement: Under a License Agreement, the owner retains fee title but grants permission to us to develop mitigation on the site or a portion of it. This approval or permission is called a license, and is carefully drafted to protect both parties. This option provides a combination of ownership rights/benefits along with cash out or tax, capital gains and/or charitable contribution benefits.