INDIANAPOLIS,– Real Estate Recovery Capital announced plans today to invest in remediating and redeveloping ‘Brownfields’, properties that are undervalued due to environmental contamination. They are already in various stages of evaluation on several industrial and commercial properties in major US metropolitan areas and are actively accepting leads on contaminated properties available or soon to be available.
Real Estate Recovery Capital is a privately-held firm headquartered in Indianapolis, providing a fully integrated suite of capabilities for those looking to divest or co-invest in Brownfield properties, such as risk management, liability transfers, environmental assessment, environmental remediation and redevelopment. Their mission is to create financial value and sustainable solutions for stakeholders with a lasting positive impact for communities and the environment by revitalizing properties for their ‘highest and best use’.
“We are excited to bring our unique blend of private funding and internal expertise to the marketplace,” said Dwight Stenseth, President of Real Estate Recovery Capital and 20-year veteran in Brownfield real estate investment. “With our access to capital and specialization in environmental risk mitigation, we offer sellers of property the assurance of resolving the most complex projects through successful remediation and redevelopment.”
Sources of such opportunities include property owners, real estate brokers, environmental consultants, remediation firms, corporate land departments and other parties. Real Estate Recovery Capital handles direct real estate acquisition of portfolios or single assets, merger and acquisition transactions with a carve-out of impaired assets, corporate sales-leaseback, assumption of performing and non-performing loans secured by real estate and joint ventures with real estate developers.
Learn more about Real Estate Recovery Capital at https://www.rercapital.com.
About Real Estate Recovery Capital
Real Estate Recovery Capital is a privately-held firm headquartered in Indianapolis and provides a fully integrated suite of capabilities from risk management, liability transfers, environmental assessment, environmental remediation and redevelopment for those looking to divest or co-invest in Brownfield properties.