Overview
Headquarters
Highlands Ranch, CO
Viridian has refined Brownfield redevelopment through a unique integration of land repositioning and remediation. Orchestrated by an exceptionally experienced team of professionals, Viridian’s approach starts with the acquisition of distressed properties in highly constrained urban markets followed by simultaneous remediation, repositioning and risk management of the transaction. Central to Viridian’s success is its ability to provide well collateralized environmental indemnifications to its sellers providing assurance of remediation performance and long-term stewardship. Environmental insurance is acquired, escrows established in trust for insurance deductibles and projected long term stewardship cost, and sellers routinely named as additional insured. The combined security of Viridian’s risk transfer template has allowed its sellers to recapture substantial balance sheet environmental reserves. Viridian competes with both traditional developers and Brownfield developers, environmental assumption liability entities, and engineering and environmental consultants. Unlike most of these entities, Viridian does not seek an indemnification from the Seller. Our focus is always on the real estate and its redevelopment potential, and we are not interested in building a backlog of remediation service and construction work. We are real estate principals with a developer mindset. We provide robust environmental indemnification to our sellers backed by financial guarantees supporting our performance. We strive to achieve solutions that work for all parties involved. Viridian Partners is committed to the acquisition, remediation, risk management and eventual redevelopment of distressed properties within highly land constrained markets. The result is a revitalization of otherwise non-productive real estate, enhancing both the aesthetics and economics of the communities within which Viridian Partners operates.
