Just as the environmental industry has terms and acronyms only used in the field, so is the case in real estate. This webinar will cover basic real estate nomenclature and concepts and include a general overview of the development process. We will focus on the key terminology necessary to understand the development process, including proforma, cap rates, lease rates, defining costs, and other basics of real estate development. We will also introduce some basic brownfields real estate concepts such as risk transfer, upside down property, deal killer, and other terms of art. The objective is to develop a general understanding of the components in the real estate finance and development process.

This is the first webinar in a 3-webinar series for the Office of Brownfields and Land Revitalization's (OBLR) RE-Development Academy, which also includes a half-day workshop. Together, they comprise a single, full Academy program designed to provide a general understanding of real estate and redevelopment. Each session builds on information and skills covered in each of the previous sessions in the series. Your participation in each session will ensure you get the most out of the training.

Presenters:

Michael Taylor, Vita Nuova, LLC
Michael Taylor, President of Vita Nuova LLC, a national consultancy, leads the repositioning and disposition of complex sites including former nuclear sites, refineries, chemical facilities and sites with significant stigma due to off-site contamination or other issues. Vita Nuova has become known as a specialist in creating value where none exists and developing approaches to long-term sustainable outcomes for all parties. Mr. Taylor has a broad background in environmental science, planning, real estate, stakeholder engagement and sustainability. He chaired the ASTM task group for the National Standard on Sustainable Brownfields Redevelopment and served on the US EPA National Environmental Justice Advisory Committee from 1998-2002. He has trained over 3,000 local economic development, state and federal officials in real estate and redevelopment of contaminated properties, co-authored numerous publications and guidance for US EPA and others and contributed to national brownfields, RCRA and superfund redevelopment policy. He was a graduate Rockefeller fellow at Yale University, where he studied Environmental Science, Public Policy and Ethics. He graduated Cum Laude in Urban Planning and Economics from Roanoke College, is a certified planner with the American Planning Association, and a full member of the Urban Land Institute.

Elaine Richardson, Vita Nuova, LLC
Elaine Richardson has 20 years of experience in senior positions in firms servicing the real estate and environmental industries. She brings leadership and expertise to the position, ensuring that the best possible solutions are provided to clients as well as managing tough issues with stakeholders—public, press, government, and industry. Ms. Richardson has prepared over a dozen reuse assessments on environmentally impaired properties, integrating market opportunities with property constraints. Additionally, Ms. Richardson has focused her communications skills in educating communities on issues related to contamination and redevelopment, and helps build support for the redevelopment of underutilized properties and preservation of green space. Ms. Richardson has significant experience in the real estate industry as a researcher and strategist. She has worked with nationally recognized commercial developers on acquisition identification and analysis, community relations and marketing. Ms. Richardson has authored numerous articles related to environmental, engineering, and real estate issues. She is the past president of The Real Estate Exchange and an active member in the Commercial Real Estate Women National Network. Ms. Richardson has completed industry training in hazardous building materials and OSHA compliance issues. She earned her BS in Communications and Marketing from Southern Connecticut State University.

Tony Bialecki, Vita Nuova, LLC
Tony Bialecki is a Senior Economic Development Consultant with Vita Nuova, bringing over 35 years of development experience to the Vita Nuova team. He has worked with a wide range of public and private entities to create economic development opportunities resulting in increased job growth and the creation of real estate and business investment. As a licensed Commercial Realtor Mr. Bialecki has worked on behalf of buyers, tenants and sellers of real property to locate, relocate and expand businesses and create investment opportunities. He works with municipalities to identify potential businesses and investors to locate within distressed areas. Mr. Bialecki was the former Deputy Director of Economic Development for the City of New Haven. During his 35 years of economic development work, he managed public and private development projects including area-wide and strategic planning for the reuse of older industrial and commercial districts, and remediation of brownfield sites, including demolition of vacant industrial and commercial structures. He has significant experience helping businesses and developers secure necessary traffic, zoning and site plan approvals for development projects. Mr. Bialecki holds a Bachelor of Science Degree in Urban & Regional Planning from William James College at Grand Valley University and a Masters of Urban Planning degree from the University of Michigan, and is a member of NAIOP.

Moderators:

Aimee Storm, U.S. EPA, Office of Brownfield and Land Revitalization (storm.aimee@epa.gov or 202-566-0633)
Aimee Storm is EPA's Land Revitalization Coordinator within EPA's Office of Brownfields and Land Revitalization (OBLR). Her work supports community-led redevelopment of contaminated properties and associated neighborhood revitalization strategies. Prior to joining OBLR, Aimee worked on projects that promote green and healthy buildings and sustainable development approaches within EPA Region V's Chicago office. She also worked with EPA's Federal Facilities Restoration and Reuse Office, where she coordinated EPA's land reuse and revitalization efforts on federally-owned properties, including military base redevelopment. Aimee holds Masters Degrees in City & Regional Planning and Business Administration.

Abraham Parker, Environmental Management Support, Inc. (abraham.parker@emsus.com or 301-589-5318)
Abe is an environmental scientist and communications specialist who specializes in developing fact sheets, web content, technical publications, and other outreach materials for diverse audiences. An ecologist by training, for the past 10 years he has been the technical lead for projects related to ecological revitalization, risk assessment, and land reuse. He also provides management and technical support to the OLEM Human Health Regional Risk Assessors Forum, the EPA Land Revitalization Coordinators Workgroup, and the Libby, Montana Superfund Site Action Plan Workgroup. Abe also is EMS's in-house Spanish translator for fact sheets, reports, and Web content. Abe holds Bachelors and Masters degrees from Cornell University.

Webinar Slides and References:

• Slide Presentation for Michael Taylor, Elaine Richardson, and Tony Bialecki, Vita Nuova, LLC (15.5MB/PDF)

Webinar Slides and References:

• Slide Presentation for Michael Taylor, Elaine Richardson, and Tony Bialecki, Vita Nuova, LLC (15.5MB/PDF)

Additional Resources:

• RE-Development Academy Webinar #2: Real Estate Market Analysis, May 30, 2018
• RE-Development Academy Webinar #3: Real Estate Finance Basics, June 5, 2018
• RE-Development Academy Workshop, EPA Region 7, June 7, 2018
• RE-Development Academy Workshop, EPA Region 3, June 28, 2018
• RE-Development Academy Workshop, Live Stream, June 28, 2018
• RE-Development Academy Workshop, EPA Region 9, July 18, 2018
• RE-Development Academy Workshop, EPA Headquarters, July 25, 2018