Environmental PropertiesBrookhill has earned a reputation as one of the nation's leading "brownfields" redevelopers. Brookhill has the in-house expertise to quantify the nature and cost of a property's remediation, implement cleanup, and coordinate this work with the project's redevelopment. We provide appropriate indemnification, using environmental insurance policies to mitigate a property's potential risk prior to restoring it to beneficial use. As a leader in the industry since 1991, Brookhill has acquired, remediated, and redeveloped environmentally impacted assets throughout the United States.
In 1996, The Dames & Moore Group (at the time, one of
the largest environmental engineering firms in the world) and Brookhill
created an equal joint venture to form Dames & Moore/Brookhill.
With financing provided by an affiliate of Credit Suisse First Boston
we acquired, remediated, redeveloped and sold almost 200 million
dollars of former environmentally contaminated properties. As a result
of an acquisition of The Dames & Moore Group by the URS Corporation
several years ago, Brookhill acquired Dames & Moore's interest in
the joint venture. Brookhill continues to acquire, remediate and
redevelop brownfield properties throughout the country.
Brookhill uses a three-pronged strategy to permanently eliminate your environmental liability:
|Fixed Price Remediation|
We work with leading insurance carriers to insure every environmentally contaminated property that we acquire. These policies protect sellers, purchasers, lenders and investors against unforeseen cleanup costs, remediation cost overruns, bodily injury, and property damage resulting from the contamination. It enables property owners to sell their assets to Brookhill without risk of subsequent liability. We take total financial responsibility for environmental site conditions.
The Brookhill advantage:
|We are fully funded cash buyers of property and pay competitive purchase prices, offering a choice of terms.|
|Mitigation of future liabilities is guaranteed through remediation, indemnification, and proprietary environmental insurance policies written to our specifications by major national insurance carriers.|
|Under one roof, Brookhill's experienced professional staff uniquely integrates environmental remediation with property redevelopment skills, which includes traditional real estate disciplines such as construction, leasing, and management.|
|Our expertise and resources, backed by environmental insurance, means we finish what we start. Brookhill has a proven track record of successful remediation, redevelopment, and resale.|