Services

• Permitting & application processing

• Toll free phone number for new requests

• Application package forwarded to requester

• Application review and processing

• Negotiation of rental fee at fair market value

• Preparation and execution of necessary documents

• Complete billing, collections and recovery of real estate agreements and property encroachments.

Complete inventory of existing leases, including one-time easements and confirm revenue of each crossing and encroachment.

• Thorough inspection and confirmation of uses of each crossing encroachment by
determining pipeline width, power line kv rate, telecom pair/facility use and any
other means of revenue generated by companies on right-of-way.

• Research one-time easements to determine if lessee is generating revenue other
than provided in original easement.

• Re-negotiate leases to provide revenues that are more in line with current market value.

• Market right-of-way and excess real estate to utilities.

• Assist in appraisal of real estate revenues versus potential during acquisition
process of new railroad properties.

• Implement permitting and application process for existing and new leases.

• Hi-rail and review Railroad property to ensure accurate inventory.

• Omega recognizes that each Railroad's situation is unique. For this reason Omega is able to
tailor our services to fit each Railroad's specific needs.

• Smaller staffed Railroads utilize Omega to coordinate every aspect of real estate manangement,
while others utilize specific services to compliment the already existing real estate department.

 

 

 

Client Comments

"Omega has proven to be very effective in maximizing our right-of-way revenues and has seized an area in the industry that has been often overlooked and brought it to the spotlight."

Ed Shouse
Vice President, Gulf and Ohio Railways
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