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.
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.
Recent EPA Ruling About PFAS Has Ramifications for Buyers of Commercial Real Estate. Learn How PFAS Risk Is Assessed and Managed During Acquisition. By By Kathryn Peacock, Steven Luzkow, & […]
Making Sense of Environmental Due Diligence Environmental contaminants can open both borrowers and lenders to liability while also decreasing property value. Lenders require environmental due diligence to be performed to […]
HOW AND WHEN TO FILL OUT ENVIRONMENTAL QUESTIONNAIRES Environmental due diligence for SBA loans can involve many types of reports and assessments, all of which require the completion of an […]
FAQS OF TIERED ENVIRONMENTAL DUE DILIGENCE Environmental due diligence is a sound part of all commercial real estate transactions to lower liability and manage risk for the stakeholders involved. Usually, […]
EMERGING RISK MEETS RISING REGULATORY CHANGES I recently attended the Environmental Bankers Association winter conference in Phoenix, AZ. The EBA meetings, held twice per year, provide a platform to discuss […]
UNIQUE REQUIREMENTS NECESSITATE GUIDANCE Affordable multifamily housing is a valuable investment class that has many upsides for savvy commercial real estate stakeholders. It is a secure asset over time, and […]
BALANCE OF CAUTION AND MORE RIGOROUS UNDERWRITING REQUIREMENTS As we look ahead to a new year, and commercial real estate enters the late stages of the current cycle, transaction volume […]
