Jan 23, 2019
Ornstein-Schuler Investments Discontinues Conservation Easement Option
Notice from Ornstein-Schuler Investments LLC Regarding Conservation Easements – 1/23/2019
Ornstein-Schuler and its affiliates specialize in securing real estate and private equity investment options for accredited investors in investment-grade land, apartment complexes, office buildings, and other types of real estate. In prior years, the members of certain partnerships that owned undeveloped land voted to conserve the land by placing a conservation easement on the property and potentially donating the encumbered land to a local municipality or qualified 501(c)(3) organization for use as a park, important community greenspace, and/or a nature preserve. We are proud that many of our investors voted to select the conservation option, thereby preserving and permanently protecting more than 27,000 acres of land from development.
Given recent developments and the uncertainty related to the conservation and gifting of property, Ornstein-Schuler will no longer be involved in donations of conservation easements and/or fee simple donations. We remain excited and optimistic about offering other investment opportunities that do not have a conservation option available.