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What to Do If Your Phase I ESA Has Environmental Concerns: Alternative Approaches

NEW METHODS TO UNDERSTAND AND QUANTIFY RISK For most commercial real estate transactions, environmental due diligence, in the form of a Phase I Environmental Site Assessment (ESA), helps to determine whether the […]

Does Modular Construction Really Save Time and Money?

Risk Management for Modular Construction When you think of traditional modular construction, most people imagine cheap, single- or two-story buildings sat in the playground at school, a post-war prefab, or […]

Insurers Rethink Property Coverage As Seas Rise

REASONS TO ADD A RESILIENCY COMPONENT TO YOUR PCA Many property owners still depend on insurance as the first line of defense against climate change risk, but insurers are now […]

Modular Construction: Big Risks, Bigger Reward

RISK MANAGEMENT, PLANNING CAN SAVE TIME AND COST When you think of traditional modular construction, most people imagine cheap, single- or two-story buildings, or a cookie-cutter house on a rolling […]

Before Issuing a Construction Loan, Examine Costly Risks

Before Issuing a Construction Loan, Examine Costly Risks Originally authored by Leon Kouyoumdjian There are many variables that can ultimately affect the successful completion of the project. For example, if […]

Preventing Mold From Impacting Your Air Quality and Property Value

PROACTIVE MAINTENANCE AND ASSESSMENTS ARE ESSENTIAL Mold colony growth can occur on commercial real estate property whenever moisture intrusion seeps in. This can happen either due to humid conditions or […]

Deal-Savvy Due Diligence: Addressing Potential Cladding Issues

Technical Due Diligence for Tower Acquisitions in the UK The latest release of The Grenfell Tower inquiry reveals a dismaying array of factors leading to the catastrophic fire, implicating builders, […]

Towards a New ASTM E1527-21 Standard for Phase I Environmental Site Assessments in 2021

PROPOSED REVISIONS AND CHANGES UNDER REVIEW The current standard for the Phase I Environmental Site Assessment, ASTM E1527-13, is up for renewal, with a final deadline for the new E1527-21 standard in January […]

How Much Environmental Due Diligence Do You REALLY Need?

Environmental Risk Assessment for UK Investors Environmental issues can cause a real headache for commercial real estate investors in the United Kingdom. To protect yourself against costly cleanups, delays, or lowered […]

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