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Category Archives: Environmental Due Diligence

Why is a Phase I ESAs are different in Baltimore, Maryland

A Phase 1 Environmental Site Assessment (ESA) is a study conducted to assess the potential for environmental contamination at a property. The purpose of the Phase 1 ESA is to identify any recognized environmental conditions (RECs) that may be present at the site and assess the potential risks these RECs could pose to human health…

Why Phase I ESAs Are Different in the Austin Market

Environmental Due Diligence in Austin, Texas Environmental Site Assessments (ESAs) are critical for identifying potential environmental risks and liabilities associated with a property. The first step in the environmental due diligence process is the Phase I ESA, which involves a thorough investigation of a property’s historical use and current conditions to determine the likelihood of…

Different Types of Environmental Consulting

By Janet Annan What Does Environmental Consulting Include? When you hear the term environmental consultant what do you think? Do you think EPA, private consultant, driller or something else entirely? The term environmental consultant is a fairly generic term, but in general refers to a person with extensive knowledge on environmental regulations and acts as…

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…