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EPA Adopts ASTM 1527-13 Standard as Meeting AAI Requirements

by Nicole Ghedini | Jan 6, 2018 | Banking, Blog, Commercial Real Estate, Environmental Due Diligence

Whether you are a corporate real estate professional, an investor, a lender, or an environmental consultant, you should be aware that on December 30, 2013, the Environmental Protection Agency (EPA) took final action and amended the “All Appropriate Inquiries Rule” at...

3 Criteria for Evaluating Environmental Site Assessments

by Nicole Ghedini | Jan 9, 2017 | Banking, Blog, Brownsfield, Commercial Real Estate, Environmental Due Diligence, Regulations

When acquiring a site for development, a potentially costly risk is having to clean up hazardous waste and/or remediate environmental dangers within the site’s boundaries. That is why you must have a professional environmental services company perform an environmental...

Why Vapor Encroachment Screening Should be Included in Environmental Site Assessments

by Nicole Ghedini | Apr 18, 2016 | Banking, Blog, Brownsfield, Commercial Real Estate, Environmental Due Diligence, Regulations

Environmental Site Assessments (ESAs) help to safeguard commercial/industrial real estate buyers against liability for cleaning up hazardous environmental contaminants. While these assessments, such as the Phase I ESA, tend to focus on the presence or likely presence...

The Importance of Conducting ESAs When Purchasing Property

by Nicole Ghedini | Feb 27, 2015 | Banking, Blog, Commercial Real Estate, Environmental Due Diligence

If you’re purchasing commercial property to start or expand your business, you should be aware of possible environmental hazards and potential site contamination. Under federal (and several state) laws, business owners can be held responsible for the cleanup of...
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