Environmental Due Diligence & Risk Management

With the first half of 2010 officially behind us, we are forced to look ahead.   While transactions in the commercial real estate are still seemingly depressed and lenders are still looking at the future with "cautious optimism," people should still understand their environmental due diligence during the limited number of transactions taking place.  Now more than ever, the Phase One Environmental Site Assessment is a must! 

Until someone invents a money tree...Investors and loan officers should be looking at a property from all angles in order to protect themselves. From appraisals to Phase 1 Environmental Assessments; Property Condition Assessments to land surveys...Valuing a property from every direction is growing ever more important in order to get the most "bang for your buck" during a property transaction!