You are here: Home » Resources » Articles » How Recognized Environmental Conditions Slip Through The Cracks

June 20, 2011

How Recognized Environmental Conditions Slip Through The Cracks

By Joseph Derhake, PE

Study for Environmental Bankers Association Risk Management Committee

I recently presented a study for the Environmental Bankers Association Risk Management Committee entitled “How Do RECs Slip Through the Cracks?” As the CEO of Partner Engineering and Science, a national due diligence and engineering consultancy, and as a registered civil engineer, I have overseen thousands of environmental due diligence assessments. There are many reasons errors and missed RECs occur, from improper due diligence, to lenders not requiring a full Phase I Environmental Site Assessment, to risk interpretation between transaction stakeholders. It is important to understand the full scope of environmental assessments based on lender need, current regulations, and risk tolerance.

To see my full talk, click on these slides.

About the Authors

Joseph Derhake, PE

Chief Executive Officer

Joe Derhake, PE, serves as CEO of Partner Engineering and Science, a global environmental, engineering, and energy consulting firm. A registered Professional Engineer for over 25 years, Mr. Derhake has touched thousands of commercial real estate projects, from development and transactional due diligence to site remediation, asset optimization, ESG initiatives and more. His clientele includes many of the world’s largest lenders, real estate investors, and corporations. Mr. Derhake is a registered civil engineer in multiple states. He holds a bachelors degree in civil engineering from Michigan State University and Masters in Business Administration from University of Southern California.

Get in Touch

Joseph Derhake, PE
(800) 419-4923
[email protected]

Also Consider

Other Resources You Might Like

Let us be your Partner

Learn how we can support your next project or share insights via our newsletter.

Contact Us Subscribe to Our Newsletter

Partner is the leading provider of engineering, environmental, construction, energy, and valuation consulting for the commercial real estate industry. We help our clients manage risk, make smart investments, optimize asset performance, and win at their real estate investment strategies.

Follow Us

Our Family of Companies