Compliance

A Phase 1 Environmental Site Assessment (ESA) is crucial in real estate financing, helping lenders and investors mitigate environmental risks. ASTM E1527-21 ensures these assessments follow a standardized approach, providing liability protection, improving transaction efficiency, and safeguarding investments. Learn how ASTM compliance protects buyers, lenders, and developers from costly surprises.

Lenders face financial risks when approving loans for properties with hidden environmental issues. A Phase 1 Environmental Site Assessment (ESA) uncovers potential contamination, protects against costly liabilities, and ensures compliance with environmental regulations—helping lenders make informed, secure loan decisions.

Skipping a Phase 1 ESA can lead to costly remediation, legal liabilities, and property devaluation. Learn how this crucial step in due diligence safeguards investments and supports informed decisions.