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THE BASICS ON VAPOR INTRUSION AND WHY REAL ESTATE INVESTORS SHOULD CARE ABOUT IT First thing first, what is vapor intrusion? Vapor intrusion is when volatile chemicals come up through the floor […]

MOST OF THE RISK DURING CONSTRUCTION PROJECTS COMES NOT FROM PERFORMANCE ISSUES, BUT FROM PAYMENT ISSUES. Most of the risk during construction projects comes not from performance issues, but instead […]

The SBA Uses an Environmental Questionnaire as the First Step in Screening for Environmental Risk, and Many Lenders Have Also Adopted this Approach The SBA’s environmental policy, which has been adopted […]

STANDARD PROCEDURE DURING REAL ESTATE TRANSACTIONS TYPICALLY REQUIRES… Standard procedure during real estate transactions typically requires that the lender and/or buyer conduct the environmental due diligence on the property, but […]

THE SBA’S SOP FOR ENVIRONMENTAL DUE DILIGENCE HAS BEEN ADOPTED BY MANY LENDERS… …as a formal environmental policy and is a useful program to screen for environmental liability. The Small […]

NOT ALL LOANS REQUIRE OR WARRANT A FULL PHASE 1 ENVIRONMENTAL SITE ASSESSMENT Not all loans require or warrant a full Phase I Environmental Site Assessment; there are many useful streamlined […]

The Phase 2 Subsurface Investigation Is Sometimes the Dreaded Next Step Meet the Phase 2 Environmental Site Assessment—she’s the dreaded next step after the Phase 1 ESA. She’s got a bit of […]

What Happens After the Phase 1 Environmental Site Assessment Finds a Problem? What happens when the Phase 1 Environmental Site Assessment (Phase 1 ESA) report finds a problem or a “recognized environmental […]

The Battery of Third-Party Due Diligence Reports Can Be a Lot to Digest for Many Involved in CRE Transactions The battery of 3rd-party due diligence reports can be a lot […]