Environmental contamination concerns are often the costliest liability associated with commercial real estate, and can significantly impact transactions. In a recent print article for the Mid-Atlantic Real Estate Journal, I outlined three of the biggest environmental issues stakeholders should know about: radon gas, vapor intrusion, and the emerging contaminant PFAS. These environmental issues are complex in assessment scope and regulatory requirements for compliance, thereby requiring the engagement of knowledgeable environmental consultants.
September 23, 2024
When it comes to PFAS risk and liability, assembling a team of experts is crucial. It is advisable that you rely on the expertise, guidance, and insights of an experienced environmental consultant, a knowledgeable environmental attorney, and a skilled insurance broker familiar with emerging contaminants.
September 27, 2024
In commercial real estate transactions, particularly convenience stores (C-stores) with gas stations, conducting the Phase I Environmental Site Assessment (ESA) is traditionally considered to be the buyer's responsibility. However, sellers can also benefit significantly from conducting a Phase I ESA before listing their property for sale.
September 16, 2024
Freddie & Fannie Multifamily Radon Testing Downloadable Interactive Map: Download and save to use interactive features. Then, for more info, hover over states and definitions.
