The Commercial Real Estate Informational Portal

In compliance with the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) of 1980, most commercial real estate sales include a Phase I Environmental Site Assessment (ESA) to identify environmental concerns at the site. This act of environmental due diligence allows property stakeholders to determine if there are any liability concerns of which they should…

In the transaction for the sale or purchase of a hotel, both the seller and buyer will usually have divergent due diligence concerns.  The buyer typically wants full disclosure and broad representations and warranties from the seller while the seller wants to limit its risks, convey the property “as is” and make only limited representations…

Entry by JoeDerhake Entry If we work harder, we become more successful, and then we’ll be happier…. Right? Not so, says Shawn Anchor in a fantastic TED talk I watched the other day (you should watch it too.)  He argues the formula should be flipped around:  First, you must raise positivity and feel good about…