[CPEO-BIF] EDR survey of BF professionals

["Robert Hersh" <b_hersh@verizon.net>]

Developers less fearful of brownfield sites

Connecticut Post
By PAM DAWKINS 
10/31/2007 
A survey released Wednesday supports the idea successful projects may be
removing some of the fear surrounding brownfield redevelopment. "It's not
getting less busy," despite the generally tough times in the real estate
market, Derek Ezovski, managing director of Environmental Data Resources
Inc.'s property due diligence group, said Wednesday.

During a National Brownfield Association event in Chicago in mid-October,
the Milford-based company surveyed environmental and government
professionals who work in brownfield redevelopment about the state of the
industry.

According to Environmental Data Resources, which aggregates and sells
environmental information about specific properties to developers, lenders
and other groups, 52 percent of survey respondents said the pace of
brownfield redevelopment is increasing; 47 percent said it is stable.

... According to the survey, 81 percent of respondents see more lenders
willing to finance these projects, and lend more money, today than they were
even three years ago.

For the entire article, see: 
http://www.connpost.com/ci_7334025

Bob Hersh 
CPEO

_______________________________________________
Brownfields mailing list
Brownfields@list.cpeo.org
http://www.cpeo.org/mailman/listinfo/brownfields