Environmental Due Diligence

SBA Loan Requirements

Posted on January 23, 2011 by Gary Reynolds

In accordance to SBA’s SOP 5010 5 (C), when obtaining a 504 or 7a Loan SBA requires an Environmental Investigation of all commercial Property upon which a security interest such as a mortgage, deed of trust, or leasehold deed of trust is offered as security for a loan or debenture. The type and depth of…

ASTM E2600-10 Vapor Encroachment standard – Discussion at Recent EBA

Posted on January 19, 2011 by Erika Petty

ASTM E2600-10 Standard for Vapor Encroachment and its implications for the Phase I ESA process.

SBA Environmental- A Guide to Environmental Reports and Requirements

Posted on January 13, 2011 by Gary Reynolds

Why SBA Requires Environmental Reports: The costs of Remediation could impair the borrower’s ability to repay the loan and/or continue to operate the business; The value and marketability of the Property could be diminished. If the borrower defaults, lender or SBA might have to abandon the Property to avoid liability or accept a reduced price for…

Phase I Environmental Site Assessment – SBA

Posted on January 5, 2011 by Gary Reynolds

You’ve been told you need to have a Phase I Environmental Site Assessment (ESA) and now may be looking for answers to the questions: Why you need one Where you get them How much they cost How long do they take Will it meet the Small Business Administration (SBA) environmental requirements . When ordering a Phase I…

Probable Maximum Loss (PML) Scope of Work for CMBS Lenders

Posted on December 8, 2010 by Joe Derhake PE

Entry by JoeDerhake Entry The commercial mortgaged-backed security (CMBS) industry has been reborn in 2010. CMBS underwriters call their new underwriting paradigm CMBS 2.0. Providers of third party reports such as Phase I Environmental Site Assessments, Property Condition Assessments and Probable Maximum Loss reports ask: What does CMBS 2.0 mean to our trade? The Phase…

Posted on December 7, 2010 by Joe Derhake PE

Phase 1 ESA use for business risk versus CERCLA Innocent Landowner defense

Intrapreneurship

Posted on November 11, 2010 by Joe Derhake PE

Entry by JoeDerhake Entry Environmental consulting is a fine field for entrepreneurship; in fact that is how I ended up in this field. In college I did internships with Texas Instruments and a medium-sized environmental consulting firm. Upon graduation I turned down an offer to work as an engineer in Texas Instrument’s semiconductor division for…

PCIA Wireless Infrastructure Show

Posted on October 25, 2010 by Erika Petty

Wireless Infrastructure Industry Booming – Good News For Environmental Consultants

Summary of the SBA’s SOP Environmental Policy Revisions in SBA SOP 50 10 5 (C)

Posted on September 12, 2010 by Gary Reynolds

The SBA published their latest update their environmental policy in SOP 50 10 5 (C). The SOP revisions take effect on October 1st, 2010 we should all bone up on a few of the new elements of SOP 5010 5 (C) (pages 199 – 206 & 310 – 317). One now technical, but important point,…