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Conser
Commercial
A subsidiary of Conser Realty & Associates




                                             1
Benton Habitat
for Humanity     2
Client Needs
•   More space to house, inventory, office, and affordable housing builder
    operations was a necessity for growth.




                                                                             3
Client Needs
•   More Enclosed and Covered Space to protect and preserve Habitat’s
    ReStore inventory from Oregon’s wet weather.
•   Stay within the land-constrained City of Corvallis, OR




                                                                        4
Client Needs
•   Existing Location was a Long-Term Liability; It had significant soil
    contamination, and cleanup issues resulting from previous use as a dry
    cleaning location and had very limited Parking for customers.




                                                                         5
Matthew
Conser, CCIM
Suggested and
orchestrated a land
“Swap Agreement” for
Benton Habitat for
Humanity.
Leveraged this
economic cycle to
Habitat’s advantage;
Trade up to a
bigger/better property
before it sells.




Solution                 6
1.   Structure a cash-free
     land-swap amenable
     to all stakeholders.
2.   Complete a
     “Prospective
     Purchaser’s
     Agreement” with the
     DEQ.
3.   Make it
     happen, before the
     preferred property
     sells to another…




Challenges                   7
1.   Kept all stakeholders
     engaged.
2.   Overcame Bank and
     Private Lender
     resistance.
3.   Convince the Habitat
     Board.
4.   Utilized a DEQ
     regulation to Habitat’s
     advantage, the P.P.A.




Cash-Free Swap                 8
1.   A PPA is the “Gold”
     standard for acquiring
     a previously
     contaminated site.
2.   All parties
     benefited, including
     the Oregon Dept. of
     Environmental Quality
     (DEQ).




Prospective
Purchasers Agreement          9
1.   Moved from 2.13
     acres to 3.3 acres
     with abundant
     parking.
2.   At the corner of a
     State Highway with
     traffic signals.
3.   Left behind 1940’s
     era buildings for
     1980’s and newer
     buildings.
4.   Increased from
     12,000 sq. ft. covered
     area to 22,000 sq. ft.
     covered area.



Results                       10
Habitat will thrive and grow with more retail space. Both “Swap Properties” can
now be put to more productive use. Habitat can continue their mission of
providing more affordable housing to those in need. A win-win-win deal.




Benefits                                                                      11

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Benton Habitat for Humanity

  • 1. Conser Commercial A subsidiary of Conser Realty & Associates 1
  • 3. Client Needs • More space to house, inventory, office, and affordable housing builder operations was a necessity for growth. 3
  • 4. Client Needs • More Enclosed and Covered Space to protect and preserve Habitat’s ReStore inventory from Oregon’s wet weather. • Stay within the land-constrained City of Corvallis, OR 4
  • 5. Client Needs • Existing Location was a Long-Term Liability; It had significant soil contamination, and cleanup issues resulting from previous use as a dry cleaning location and had very limited Parking for customers. 5
  • 6. Matthew Conser, CCIM Suggested and orchestrated a land “Swap Agreement” for Benton Habitat for Humanity. Leveraged this economic cycle to Habitat’s advantage; Trade up to a bigger/better property before it sells. Solution 6
  • 7. 1. Structure a cash-free land-swap amenable to all stakeholders. 2. Complete a “Prospective Purchaser’s Agreement” with the DEQ. 3. Make it happen, before the preferred property sells to another… Challenges 7
  • 8. 1. Kept all stakeholders engaged. 2. Overcame Bank and Private Lender resistance. 3. Convince the Habitat Board. 4. Utilized a DEQ regulation to Habitat’s advantage, the P.P.A. Cash-Free Swap 8
  • 9. 1. A PPA is the “Gold” standard for acquiring a previously contaminated site. 2. All parties benefited, including the Oregon Dept. of Environmental Quality (DEQ). Prospective Purchasers Agreement 9
  • 10. 1. Moved from 2.13 acres to 3.3 acres with abundant parking. 2. At the corner of a State Highway with traffic signals. 3. Left behind 1940’s era buildings for 1980’s and newer buildings. 4. Increased from 12,000 sq. ft. covered area to 22,000 sq. ft. covered area. Results 10
  • 11. Habitat will thrive and grow with more retail space. Both “Swap Properties” can now be put to more productive use. Habitat can continue their mission of providing more affordable housing to those in need. A win-win-win deal. Benefits 11