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October 1, 2011

Guidance for Environmental Due Diligence in Loan Work Out Situations

By Nicole TK Moore, REPA

Manages Risk and Federal, State Compliance

Would you purchase a non-residential property without setting foot onsite? Probably not. Similarly, it does not make sense for a lending institution to take title to a non-residential property without conducting sufficient due diligence. Given the current economic conditions, lenders are facing many challenges in loan work environmental due diligence, and risk management.

My colleague Amy Rudegeair, a senior project manager for environmental assessments at Partner Engineering and Science, has co-authored a paper on guidance for best environmental due diligence practices in loan workout situations. To read the full paper,  download the link below.

Download here. 

About the Authors

Nicole TK Moore, REPA

Nicole TK Moore, REPA

National Technical Director of Environmental Site Assessments
A founding member, shareholder and executive member of Partner Engineering and Science, Inc., Nicole TK Moore serves as the National Technical Director for the Environmental Consulting Practice where her expertise has been instrumental in propelling the firm to the top of the industry. By creating and implementing a detailed and invaluable training program and by providing on-going guidance for existing and new Environmental Site Assessment (ESA) professionals across the company, Ms. Moore continually advances Partner’s technical excellence in the field. Ms. Moore plays a critical role in recruitment, on-boarding and training of staff and Project Managers in the environmental group. Under her directorship, Partner’s Environmental Practice has grown fifty-fold. Ms. Moore not only pushes her staff to be the best in the industry, she also has played a key role during her 20+ years in the ESA industry in progressing the industry itself. By being a member of ASTM International (ASTM) and the Environmental Bankers Association (EBA), she has influenced significant changes to ASTM, Freddie Mac, Fannie Mae and other ESA scopes.

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