DeeAar Holdings, LLC
A real-estate hedge fund with sustainability in mind.
Copyright: DeeAar Holdings LLC, 2022. All rights reserved.
Who We Are
- We are a real-estate investment fund focusing on deriving value from environmentally challenged sites.
Our Definition of an Environmentally Challenged Site
- Sites that are strategically located and most likely on their way to becoming brownfields, such as,
- Abandoned gas stations,
- Dry-cleaning operations (current or historical) in shopping malls
- Automotive centers, etc.
Value Proposition
- We are a brownfields real-estate redeveloper.
- We specialize in releasing the value these brownfields by
- Keeping the cleanup costs low
- Completing the cleanup in about 40% of the projected time estimates.
- Our objective is to match the S&P 500 returns through our transactions.
Our track record
- Cleanup of an abandoned gas station in Mays Landing, NJ.
- Site in York, PA.
- A mini-shopping mall in York,PA.
We should talk if
- The kind of projects we do interests you, call us at email.
- You are influencing the next development authority project in your county.
- You are a long-term investor interested is increasing green footprint.
Our Ask
- We seek investors to invest in our projects in return for a share in the project.
- Percentage proportional to the amount invested in the project?
- Help offset some slow-moving properties till a buyer shows up.
Strategy
- Scout for a property with potentials after remediation.
- Pre-acquisition checks:
- Ensure that the DEP (or its equivalent) approves of our protocol.
- Appoint a remediation professional for the project.
- Identify a potential buyer.
- Acquire the property.
- Cleanup the property within 12 -24 months.
- Return the property back to the market in the event the potential buyer identified earlier decides to pass.
Challenges
- Cleanup can take longer than anticipated.
- Increasing the acquisition cost.
- Cleanup costs could involve traditional methods that add into the costs.
Active Projects
| Address |
6380 Blackhorse Pike, Mays Landing |
74 N. Main St., Antrim, NH |
601 N. York, Pa |
| Cleanup Status |
RAO Unrestricted use |
Active Remediation |
Remediation done |
| Summary |
Gas station abandoned since 1989 |
A former retail gasoline fueling facility |
A commercial site with USTs |
Team
- Dinkar Ganti, Developer and CEO
- Gnanu Ayysola, Co-founder
- Marc Lucier - Sr. Corporate Counsel
Team (Dinkar Ganti)
- With more than two decades of experience in working on environmental projects.
- A seasoned entrepreneur with a wealth of experience in real-estate transactions.
- A passionate environmental professional presenting papers at conferences such as AEHS.
Team (Gnanu Ayysola)
- A serial entrepreneur working on environmental issues for over two decades.
- A seasoned professional working an intuition for working out complex environmental issues.
- A respected member of the community and a highly effective sales leader.
Team (Marc Lucier)
- An attorney who had interned with Jan Schlitchmann at the Woburn case.
- A committed environmentalist with interests in oil contamination issues.
- An attorney with an excellent track record of negotiating for clients.
- An avid boater.
Team (Libby Spangler)
- An excellent content creator with experience in defining newsletters, bulletins and social media.
- A committed environmentalist with interests in various aspects of sustainability.
- A passionate individual who went back to her farm after spending a few years in the city.
Summary
Our portfolio consists of properties that were on the priorities list of the local environmental agencies which have later been removed from that list as a result of the successful cleanup. We believe that this cleanup is needed for sustainability.
