Blog Posts

Commercial Property Executive Interviews Matt Winefield on Brownfields Strategies

10/17/2017

Developing on environmentally contaminated sites might seem like a complicated investment strategy, but the high rate of return can make it worthwhile. This month, Matt Winefield of Winefield & Associates was interviewed by Commercial Property Executive about brownfields strategies and the benefits of investing in contaminated sites.

Read the full Commercial Property Executive article here: https://www.cpexecutive.com/post/the-benefits-of-investing-in-contaminated-sites/

Looking for Buried Treasure Then Doing the Deal: Brownfields Panel at Yosemite Environmental Law Conference, October 20th

10/3/2017

Mix business and pleasure at The State Bar of California Environmental Law Conference in Yosemite. On October 20th, I will be part of a panel that discusses the latest developments and hot topics regarding site assessment and remediation, with or without agency oversite, in the context of the prospective development, sale, or leasing of contaminated properties. The panel will cover the latest Brownfield policies, how to best navigate soil vapor intrusion issues, the do’s and don't's of seeking and obtaining closure/no further action letters from government oversite agencies, and strategies to best protect against or minimize your environmental liabilities when transacting a deal involving impacted properties. Our panel will also address the Trump Administration’s impacts on these issues.

Moderator: Gary A. Meyer, Parker Milliken, Los Angeles.

Panelists: Marie Rongone, U.S. EPA Region IX Office of General Counsel, San Francisco; Suzi Rosen, Partner, Engineering and Science, Inc., Torrance; Matt Winefield, Winefield & Associates, Real Estate Ventures, Long Beach.

Learn more about this esteemed conference at: https://goo.gl/1KH1RE

Thank You Gary Meyer, Esq. and the Los Angeles County Bar, Environmental Law Section

9/27/2017

It was a pleasure presenting brownfields strategies to the LA County Bar Environmental Section on September 26th. Many thanks to Gary Meyer, Esq. of Parker, Milliken and Suzie Rosen of Partner Engineering, who were kind enough to let me share their panel stage. We focused our discussions on: protecting investors’ contaminated real estate assets; obtaining agency no further action letters; and developing a property in tandem with remediation. For more information about LACBA’s outstanding events, click here: https://goo.gl/CZaCwu.

How Did They Do That! Bringing the NFL to LA.

9/14/2017

Winefield & Associates (W&A) will be moderating a UCLA real estate networking event that intersects professional football and real estate. After a networking lunch, our speaker will be Christopher E. Jackson, Senior Economic and Community Development Manager, City of Inglewood. Mr. Jackson was part of the team that brought the NFL stadium to the Hollywood Park Tomorrow project. He will discuss how the project was won and the anticipated impact of the facility on local real estate development.

Experience UCLA real estate Commerce, Camaraderie, and Community using the UCLA Bruin Professionals networking format that has fostered Bruin business for over 10 years.

Date: Thursday, October 26th
Time: 11:30am – 1:15pm
Location: Manatt Conference Center at 11355 W. Olympic Blvd, LA, 90064, 4th Floor

BP and UCLA REAG Members: $15
Non-Members: $30

RSVP HERE: https://goo.gl/Jh5RTD

Acquiring Environmentally Distressed Assets

4/24/2017

Winefield & Associates and Phoenix Investment Funds will be presenting a webinar to 100 members of the Environmental Bankers Association on Wednesday, April 26, 2017. We will be discussing how and why we buy contaminated properties and distressed notes, so our presentation is appropriately titled: Acquiring Environmentally Distressed Assets – One Firm’s Business Model is Another Firm’s Exit Strategy. See more details here: http://www.envirobank.org/events/EventDetails.aspx?id=957274&group

We look forward to continuing to help lenders rid their balance sheets of unwanted liabilities.

Redeveloping Contaminated and Blighted Properties in California

2/27/2017

Join @winefieldinc and @coxcastle at LA's premier #Brownfields seminar on March 7th in DTLA. Lawyers will obtain CLE credits. #CRE professionals will learn how to address challenging, environmentally-impacted sites. Representatives from RWQCBs, LA County, and DTSC will be presenting along with attorneys, consultants, and developers. Much will be shared about regulatory updates, strategic opportunities, and recent war stories. Register here: https://goo.gl/WgzLKZ

If It’s Good Enough for Richard Ziman, It’s Good Enough for Winefield & Associates

10/28/2016

Mr. Ziman, inarguably one of the most successful real estate investors in Southern California, discusses his bullish stance on buying industrial facilities at urban infill sites in the Los Angeles Business Journal. If it’s good enough for Mr. Ziman, it’s good enough for Winefield & Associates. Winefield & Associates also invests almost exclusively in this sector, albeit on smaller properties than Mr. Ziman’s Rexford Industrial Realty, Inc. Should Rexford management be reading this blog, please feel free to sell us any industrial spaces you believe are just too contaminated for your portfolio. We love dirty dirt!

Read the full LABJ article here: http://www.anderson.ucla.edu/Documents/areas/ctr/ziman/LABJ_Industrial-Zone_Dick_Ziman_Q-A_08.22.16.pdf

Winefield to Speak at Standard Management Real Estate Conference, October 25th

10/14/2016

I’ll be speaking at real estate legend Sam Freshman’s conference in Bel-Air on Tuesday, October 25th. Although the event has a staid title (“Investing in CA Real Estate 2016”), the agenda is packed with unique ways to profit during this era of low cap rates. Of course, my portion will describe how we effectively invest in contaminated properties. Find out more and register below:

Winefield to Present at South Bay Estate Planning Council, October 13th

9/28/2016

I’ll be sharing contaminated property buy/sell strategies with the South Bay Estate Planning Council on Thursday October 13th from 7am to 9am in Torrance. My presentation will provide tools to address contaminated properties in trusts. Should you remediate now or upon receipt of agency directives? Should you wait until agencies come after your heirs? How can you find out if the trust you are about to receive has contaminated properties? What legal and practical protections are available? Can you set up separate trusts for impacted properties, and when should you do so? Will anybody buy these properties, and why would they? Esteemed environmental and land use attorney Kevin Daehnke will be presenting with me. I hope you can join about 60 of us for this breakfast event. RSVP here (http://bit.ly/2dpRquG) or call me (562-618-0037) for more information.

Development Approvals Continue in Vicinity of Winefield Hollywood Investments

9/16/2016

The LA City Council just approved a magnificent 15-story office complex four blocks from W&A's investment off Sunset and Western. W&A is proud to be converting contaminated, blighted sites in the midst of this and other transformative developments.

http://la.curbed.com/2016/9/1/12746358/sunset-bronson-development-approved

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