The CRE market is hot, there has been some talk of looser underwriting and investors taking on riskier deals, but you don’t have to let down your standards to make a deal work. Resources are stretched thin, inventory is low and time is at a premium. Even when all of the parties in the transaction are pushing to get the closing over the finish line, there are just some things that can’t be accelerated. But what if you are dealing with a less than perfect site, one that has gotten a hit during a Phase II ESA or during a site characterization? Lenders may be leery to fund, and buyers may be less likely to want to obtain a site with potentially unknown clean-up costs attached. Does this mean you have to pump the brakes on your deal, or worse, pull out completely? The answer is not necessarily if you perform a Remedial Cost Estimate.
May 16, 2025
Partner experienced significant growth in 2024 despite challenges in the CRE market, with annual revenue increasing to $334,204 from $279,640 in 2023 (19%). To support this growth and in anticipation of increasing demand, Partner increased its staff from 1,300 employees in 2023 to over 1,400 at present.
November 19, 2024
New Contamination Rate Data Could Help Banks Better Assess Environmental Risk By Kathryn Peacock, Principal, Partner Engineering and Science, Inc. Originally Published in The RMA Journal Kathryn Peacock’s article, featured […]
November 19, 2024
A Practical Guide to PFAS: From Phase I ESAs to Remediation Following the EPA’s 2024 ruling designating PFOA and PFOS as hazardous substances under CERCLA, managing PFAS risks in environmental […]
