ASSET MANAGEMENT

RAILYARDS

SACRAMENTO, CALIFORNIA

Located at the edge of Downtown Sacramento, this is the historic western terminus of the Trans-Continental Railroad which sadly ceased operation in the late 90’s.  LC Development represented the owner to stabilize a foreclosed asset during the post-Great Recession and oversaw the entitlements, over $100 million of public finance, backbone infrastructure construction, and the eventual environmental settlement agreement with the railroad company.  Crafted the RFP process, interviewed, and eventually selected a developer and negotiated a multi-faceted transaction involving entitlements, environmental liability, pollution legal liability insurance policy (PLL) and financing agreement.