Playing it Smart - Avoiding Environmental and Engineering Pitfalls in CRE Investments

Scott's Seafood Restaurant - Walnut Creek
Contra Costa Room

Join us for a lively conversation regarding how to spot and manage environmental risks, including typical red flag historical uses such as gas stations, dry cleaners, etc., and creative solutions to proceeding with investments even when contamination is present. Hear from legal expert, Kristen Thall Peters, partner at Cooper White & Cooper, on how to handle environmental risk to allow transactions to proceed while protecting the buyer's and lender's interests.  Also learn about engineering risks, including typical costs that can "bite" investors and intelligent ways to quantify and manage these risks. We'll also discuss seismic risks - how is seismic risk evaluated, and what do investors and lenders do with this information when high risks are identified and seismic retrofit regulations in Bay Area cities. 

Our Speakers:

Kristen Thall PetersKristen Thall Peters is a partner in the law firm of Cooper, White & Cooper LLP, where she practices real estate, land use, energy and environmental law. She advises and counsels commercial developers and property owners in connection with real estate acquisitions, sales, financing, title insurance, development and regulatory and land use approvals. Ms. Peters regularly counsels landlords and tenants, and negotiates and documents commercial and industrial property leases and indemnities, and represents contractors, real estate brokers, and homeowners' associations in a wide array of real estate matters. Ms. Peters advises on laws and regulations pertaining to hazardous substances, environmental cleanup responsibility and underground and above ground storage tank removal and remediation. She works with a diverse range of industries and occupations, including oil refineries and distributors, automotive service stations and part outlets, renewal energy companies, municipalities, communications site management companies, agribusiness concerns, transportation and distribution companies, development companies, golf courses, neighborhood groups, non-profit corporations, and a variety of service businesses. Ms. Peters earned her B.A. degree from the University of California, Berkeley in Environmental Sciences and her J.D. degree from Santa Clara University. Prior to practicing law, she was an Environmental Protection Specialist with the U.S. Army Corps of Engineers.

 

Orion AlcalayOrion Alcalay has over 18 years of experience in the environmental and engineering consulting industry and currently serves as an Executive Vice President at AEI.  Mr. Alcalay’s project experience has included the performance of ASTM Phase I Environmental Site Assessments (ESAs), Phase II subsurface investigations including the design and implementation of regulatory agency-driven soil and groundwater investigations and corrective action projects, ASTM Property Condition Assessments (PCAs), and ESAs conforming to Housing and Urban Development (HUD) Multi-Family Accelerated Processing (MAP) 223(f) and 232, CMBS, Freddie Mac, and Fannie Mae guidelines.  Mr. Alcalay oversaw the Environmental Due Diligence Services Division for AEI from 2006-2016 and currently serves as a member of the ASTM E1527 Task Group Committee.

Agenda:

8:30 AM - Registration, Networking and Continental Breakfast
9:00 AM - Presentation with Q&A
 
The Real Estate Advice Series has hosted workshops for thousands of investment real estate professionals and investors since 2009. This complimentary program is made possible by:
RINA accountancy corporation   Chicago Deferred Exchange Company

Scott's Seafood Restaurant - Walnut Creek

1333 North California Boulevard
Contra Costa Room
Walnut Creek, CA

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