Call Us: (800) 419-4923
 Call Us: +44 (0)20 3865 7701
 Call Us: (787) 822-8377
 Call Us: (437) 855-4925
Partner Engineering and Science, Inc.
Partner Engineering and Science, Inc.
You are here: Home » Resources » Articles » Commercial Real Estate Demands an Environmental Risk Policy

November 26, 2012

Commercial Real Estate Demands an Environmental Risk Policy

By Partner ESI

Published in Credit Union Journal

As more credit unions venture into the commercial real estate market, having an environmental risk management policy becomes increasingly important for many reasons, including:

  • Ensuring the CU is not exposed to environmental liabilities, such as being responsible for the cleanup on a foreclosed contaminated property.
  • Avoiding potential losses from not being able to foreclose on a property because it is contaminated.
  • Evaluating whether environmental concerns will reduce the value of the property or affect the borrower’s ability to repay the loan.
  •  Avoiding negative PR involved with a contaminated site.

Download here.

Other Resources You Might Like

Let us be your Partner

Learn how we can support your next project or share insights via our newsletter.
Terms and Conditions  |  Privacy Policy   |  Website Terms of Use  |  © 2024 Partner ESI. All rights reserved.
crossmenuarrow-up linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram