Due Diligence

When guiding clients through commercial real estate deals, you are expected to look out for their best interests. As part of these responsibilities, you should be able to assist with due diligence. You also need to be knowledgeable about the expenses associated with due diligence, such as Phase II environmental site assessment costs. By familiarizing […]

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

A Phase 2 environmental report is one of the most important pieces of due diligence documentation used during commercial real estate transactions. However, in order to effectively leverage the information contained in these extensive reports, it is vital that you know what to look for. Generally, reading through the entire Phase 2 environmental site assessment

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