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Why is a Phase I different in Miami, Florida?

Phase I Environmental Site Assessments (ESAs) for commercial real estate in Miami, Florida may differ in several ways due to the unique environmental and regulatory conditions of the area. Some potential differences may include: Hurricane risk: Miami is located in a coastal region that is vulnerable to hurricanes and tropical storms, which could affect the…

PFAS Regulations in New York

What are PFAS Substances? Polyfluoroalkyl and Per- Substances (PFAS) are a group of thousands of chemicals that have been used for various purposes since the 1940’s. Formerly consisting of perfluorooctanoic acid (PFOA) and perfluoro-octane sulfonate acid (PFOS) as the primary components, PFAS are a man-made fluoropolymer that has been steadily gaining the attention of the…

IVI Professionals Bring Value

Partner Managing Director, Drew McCreery looks back on his career and the leadership from his former IVI colleagues. Inspection & Valuation International, Inc. (IVI) was a national provider of construction, property condition and environmental consulting, due diligence, and advisory services for the commercial real estate industry for over 40 years.  Founded and incorporated in 1973…

PCAs With a Twist

Property Condition Assessments (PCAs) are a standard component of most real estate transactions. These assessments allow for the evaluation of assets and their condition, including immediate and future upkeep requirements. Lenders, buyers, property managers, and developers alike can benefit from the completion of general PCAs. Lenders and property managers can use PCAs to keep track…