Brownfields: a booming but regional marketplace
Article Abstract:
Brownfields are impaired properties that may be cleaned to be able to generate tax revenue and create new jobs. However, this is only possible when property owners are given various incentives such as liability protection, flexibility in cleanup standards and monetary benefits. To ensure the survival of the market, the cooperation of financial sources such as independent lenders, private investors and state and federal government programs are needed. Likewise, the insurance industry, regulatory authorities and local community groups need to network to make brownfields profitable.
Publication Name: Real Estate Finance Journal
Subject: Real estate industry
ISSN: 0898-0209
Year: 1999
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Fire sale in Asia: a buyer's market
Article Abstract:
Currency devaluations in Asia have depressed investor confidence in the region and have affected corporate earnings growth and the stock market. Because of this climate, real estate investors are given the chance to purchase bargains on a large scale, particularly in Japan and Hong Kong. Investment and commercial banks and mutual funds are descending upon the area to find sales and concurrently aid in the region's recovery by establishing more effective management and accounting fundamentals.
Publication Name: Real Estate Finance Journal
Subject: Real estate industry
ISSN: 0898-0209
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
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