CERTA blossomed out of a three year strategic partnership in 2016. Principles of CERTA purchased the former Enquirer building in 2012, remediated the property, and redeveloped the property into a successful industrial development. In 2013, the principles purchased another Cincinnati brownfield property, remediated, and redeveloped the property. Once redeveloped, they found a high quality tenant (Printers Bindery). In 2015, the principles purchased eight industrial properties in Dayton, Ohio and a 32- Acre Brownfield in Reading, Ohio. Details of the projects can be found in the Experience Section.
CERTA is the perfect partner for both large and small companies with environmental risk. CERTA will take over the title and environmental liability of a property. Call or email us to learn how we can help your company focus on your future while CERTA cleans up the past.
CERTA can be the perfect partner for Counties, Cities, and Land Banks. Many governmental entities do not want to own brownfield properties for a myriad of reasons: fear of extensive cleanup costs, voter retaliation, legal issues, etc. CERTA is willing to look at brownfield properties and guarantee to purchase them at a mutual agreeable price. In essence be a stalking horse for a community. The property will either sell to CERTA or to a higher bidder. CERTA will create a redevelopment strategy for all sites prior to purchase.
CERTA offers a win-win-win scenario for contaminated properties. The company is able to transfer a distressed asset, the community will gain economic development to generate jobs and taxes, and CERTA will see a return on our investment.
Why CERTA?
Capital Environmental Risk Transfer Alliance takes away all the stress of owning a contaminated piece of property. It is removed from your balance sheet. Not only do we clean up the site, but we insure the seller against any future liability or unforeseen conditions with an insurance policy presented by a A+ rated carrier.
The Alliance lives and breathes environmental risk every day. Not only do we own contaminated property, the alliance has devoted our careers to assisting companies with contaminated property. The Alliance includes people from the legal, insurance, environmental and lending industries. Additionally, the Alliance includes Development Specialists that are hands on insuring things run efficiently. You are working with people who understand the complex challenges and want to assist you in a fair and equitable solution to a property.
Contact us to determine if CERTA is a fit for your exit strategy.