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Category Archives: Environmental Due Diligence

What to Do If Your Phase I ESA Has Environmental Concerns: Alternative Approaches

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…

Remediation: Not As Scary As It Seems

Environmental remediation, or a Phase III Environmental Site Assessment (ESA), is a potential sink for time and money at project sites. Fortunately, steps can be taken to ease the process of remediating contamination while keeping project timelines and budgets on track. Phase III ESAs take place if, after an initial Phase I ESA assessment and…

How a Geologic Review Can Avoid Costly Issues during Construction Projects and Transactions

How can geologic reviews or geotechnical investigations save you money?

Due Diligence in the Purchase and Sale of a Hotel Property

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…

Happiness as a Strategy for a Better Workplace (1 Comment)

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…

Happiness as a Strategy for a Better Workplace (2 Comments)

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…

March 2015 Events

Start            End              Conference                              Location 1 5 ICBA National Convention Orlando, FL 2 4 CLRM Roundtable Phoenix, AZ 3 3 CREJ: Multifamily Owners and Managers Conference and Expo Englewood, CO 3…

Quick Recap Of First EBA Meeting of 2015

Entry by JoeDerhake Entry The Environmental Bankers Association (EBA) concluded its first meeting of the year in South Carolina last week (Jan 11-14).  While Charleston was a beautiful venue, it was bitter sweet as we all said good-bye to Jeff and Tacy Telego.  Jeff and Tacy founded the EBA and served as co-executive directors for…

PCBs – A Question of Due Diligence

The use of polychlorinated biphenyls (PCBs) was widespread before 1977, and the health risks associated with PCBs are well known. PCBs have been widely studied, analyzed, regulated, and managed since the Toxic Substances Control Act (TSCA) was passed in 1976. Over the nearly four decades since 1977, PCBs have been found in a wide variety…