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February 1, 2009

Lenders Tolerance for Environmental Risks

By Joseph Derhake, PE

Published in The RMA Journal

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.

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]

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