Due Diligence

Environmental Risk Assessment and Remediation: What You Need to Know

Business needing the support of environmental risk assessment and remediation services

If you engage in commercial real estate transactions, you will eventually need to use environmental risk assessment and remediation services to protect your ownership interests. It is critical that you are familiar with these services, what remediation technologies are used to improve site usability, and how remediation impacts site value. What Is an Environmental Risk […]

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Protect Your Commercial Loans Through a Phase 1 Environmental Study

A loan secured by a phase 1 environmental study for loans

Commercial real estate loans can quickly become complicated, as there are many moving parts and large sums of money involved. Plus, all parties involved need to be aware of any environmental issues at the property. Unfortunately, there is some confusion in the industry about the terminology used to describe an environmental site assessment. We want

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What Should You Do With Your Phase 1 ESA Report?

A lender reviewing a Phase 1 ESA report at her desk

In the United States, commercial properties are heavily regulated by federal and state entities. The most well-known of these entities is the Environmental Protection Agency. The EPA and state and municipal agencies will hold land owners accountable for any contamination that occurs to their commercial properties. Therefore, it’s critical for buyers, investors, bank lenders, commercial

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