By Brett Hayes, PE, CDT, LEED AP BD+C, National Client Manager at Partner Engineering and Science, Inc., published June 17, 2024
Among the many considerations for site selection, environmental, zoning, and infrastructure issues can quickly kill a deal. Particularly for redevelopment scenarios, identifying and overcoming obstacles in these complex fields can be difficult, time-consuming, and costly. For developers and real estate acquisition teams, a basic understanding of environmental, zoning, and infrastructure assessments, along with risk management options, is critical for capturing and capitalizing on prime locations.
In this article from Propmodo.com, Brett Hayes, PE, provides an overview of tools and tactics available to bracket risk in these three key areas.
September 23, 2024
When it comes to PFAS risk and liability, assembling a team of experts is crucial. It is advisable that you rely on the expertise, guidance, and insights of an experienced environmental consultant, a knowledgeable environmental attorney, and a skilled insurance broker familiar with emerging contaminants.
September 27, 2024
In commercial real estate transactions, particularly convenience stores (C-stores) with gas stations, conducting the Phase I Environmental Site Assessment (ESA) is traditionally considered to be the buyer's responsibility. However, sellers can also benefit significantly from conducting a Phase I ESA before listing their property for sale.
August 29, 2024
Lenders, Buyers, and Sellers Should Know Their Options to Ensure That Environmental Issues Don’t Derail Their CRE Transactions By Wes Skinner, CHMM, Published on August 29, 2024 in GlobeSt.com CMBS […]
