EnviroFinance Group’s brownfield financing is a catalyst to the expansion of urban infill development and renewal projects.
HISTORY
May 2001
California Environmental Redevelopment Fund (CA CERF) begins operations as the country’s first Brownfield commercial lender.
October 2002
CA CERF begins Brownfield lending for land acquisition, remediation/cleanup, pre development costs and horizontal/vertical construction.
December 2006
Continental Environmental Redevelopment Financial (CERF) begins operations, with a charter to make brownfield loans throughout the
United States and a capital base to finance in excess of $500 million of brownfield redevelopment.
February 2008
CERF becomes EnviroFinance Group (EFG) to better reflect the business’ mission and brownfield service offerings.
EnviroFinance Group (EFG) specializes in financing the redevelopment of contaminated properties, commonly known as brownfields, throughout the United States.
EFG’s unique approach to brownfield redevelopment funding allows remediation, horizontal and/or vertical construction activities to occur simultaneously to facilitate faster and more cost-effective projects.
EFG’s brownfield financing is a catalyst to the expansion of urban infill development and renewal projects as well as the revitalization of rural communities, returning blighted properties to productive use and increasing local tax revenues. Borrowers include commercial
land owners, real estate developers and public entities.
EFG funding can be used for contaminated site acquisition, remediation/cleanup, pre development costs, horizontal/vertical construction, or any combination of these activities.
EFG is flexible in its lending and underwriting approach and tailors each brownfield loan to the specific needs of its clients and their environmental redevelopment projects.
What Sets EnviroFinance Group Apart From Conventional and Hard Money Commercial Lenders?
*CON = Conventional *HM = Hard Money
