Latin for “place”, LOCUS is a national network of real estate developers, investors, and professionals, united to advance equitable, walkable urban development in communities across the country. Together LOCUS members work to increase funding and financing for smart growth development; improve regulations at all levels of government to support smart growth; and change federal programs to improve housing and transportation options for all Americans. Learn more.
LOCUS is excited to debut the first ever member spotlight, where we highlight a LOCUS coalition member whose past work and dedication in the real estate sector advance smart growth principles and equitable development. The first-ever spotlight profiles Dinkar Ganti, a new LOCUS member in 2021.
Dinkar Ganti
Dinkar Ganti is the founder of DeeAar Holdings, LLC, a real-estate hedge fund located in Princeton, NJ that specializes in deriving value from environmentally challenged sites. Dinkar brings to LOCUS expertise in revitalizing contaminated or degraded sites that are too commonly disregarded, resulting in the abandonment of property and long term environmental effects for communities.
His team has been dedicated to the cleanup of contaminated sites since 2018. We have focused on the bioremediation of abandoned gas stations and properties contaminated with heating oil, gasoline, kerosene, or TCE/PCE (a commonly found chemical used in dry-cleaning sites). Dinkar works closely with local county and state offices to present a commercially viable roadmap for the restoration of abandoned properties, as well as attract investments into these neglected sites.
Q&A
The following is a brief excerpt from our Q&A with Dinkar discussing smart growth and his dedication to equity principles in real estate development:
Q: Tell us about your work, and how you became engaged in smart growth and triple-bottom-line real estate development.
A: Our team’s work has been dedicated to the cleanup of contaminated sites since 2018. We have focused on the bioremediation of abandoned gas stations and properties contaminated with heating oil, gasoline, kerosene, or TCE/PCE (a commonly found chemical used in dry-cleaning sites). Our goal is to work closely with local county and state offices to present a commercially viable roadmap for the restoration of abandoned properties; as well as attract investments into these neglected sites. Essentially, the cleanup and attention to brownfield sites are necessary to achieve smart growth, and it is our passion. Through our work, we hope to decontaminate our planet and recover these sites for the use of our communities.
Q: What inspired you to join LOCUS?
A: We found out about LOCUS through the National Brownfields Coalition. Upon receiving the data from our first successfully closed project, we wanted to share our success with like minded businesses and environmental initiatives.
Q: Are there any recent or upcoming development projects you would like to share with the membership?
A: Recently, we secured a response action outcome (RAO) for unrestricted use on our Mays Landing project. Currently, we are working on the remediation of a Sunoco Gas Station in New Hampshire. Our product and planning have proven that together we can make an environmental difference and give these sites a future outside of their previous restrictions due to contamination.
Recent projects
Dinkar’s team recently worked on restoring the land around an abandoned gas station in May’s Landing, NJ. After securing an action response outcome (RAO) for the site, Dinkar and his team completed the bioremediation and decontamination process on in January 2022. This project serves as not only one of their success stories but also a prototype for sites moving forward. For more information about their work in May’s Landing, click here.
Current work
Dinkar and his team are currently working the remediation of a Sunoco gas station in New Hampshire.
Connect with Dinkar:
Website: https://www.deeaarholdings.com
Blog: https://dservgun.github.io/
Email: [email protected]
Join us
With the growing opportunities arising from the federal policy space, there has never been a better time to join LOCUS. LOCUS members enjoy exclusive resources, visibility and business development, and unique leadership opportunities to guide the coalition’s strategy and influence in the real estate development sector.