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February 1, 2009

Lenders Tolerance for Environmental Risks

By Joseph Derhake, PE

This article summarizes a survey of bankers and environmental experts which finds consensus along the risk continuum.

Sixty of the nation’s most prominent environmental risk managers, bankers, and consultants recently took part in a survey designed to find out how they evaluate environmental risk associated with real estate. The survey, conducted by Partner Engineering and Science, Inc. attempted to find participants’ tolerance levels.

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