…and why it is conducted prior to a CRE transaction. Why does the commercial real estate industry do environmental due diligence during a transaction? What are some of the laws that created the need for environmental scrutiny, and why is a Phase I Environmental Site Assessment (ESA) often required? For those that may not be familiar, below is a brief background on where all these requirements came from (and a whole bunch of acronyms that go with them).
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April 24, 2025
SBA SOP 50 10 8 Environmental Updates: What’s New SOP 50 10 8, effective June 1, 2025, introduces key updates to the SBA’s environmental policies for 7(a) and 504 loan […]
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How SOP 50 10 8 Affects Your Construction Lending Strategy The SBA’s updated SOP 50 10 8, effective June 1, 2025, introduces several key changes to the construction loan provisions […]
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State and Local Regulations Will Continue to Drive Fannie Mae and Freddie Mac Radon Testing Practices By Pamela Horne, Environmental Technical Director of Agency Services, and Shavaun Cotter, Technical Director, […]
