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Tag Archives: Phase I

Environmental Due Diligence

Phase 1 Environmental Site Assessment and Erosion Control

Posted on by fromeo

One of the many unfortunate effects of the burst in the housing bubble is an overabundance of partially completed subdivisions and erosion control issues due to lack of maintenance.  In many cases, these subdivisions have been graded and have been left void of any vegetation.  In some cases, they have been partially developed with a…

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Environmental Due Diligence

Environmental Professionals as Required by ASTM E1527 (3 Comments)

Posted on by Joe Derhake PE

Entry by JoeDerhake Entry There has been much discussion about the creation of a national environmental professional registration system and having a new ASTM Standard to require that a ‘Registered’ Environmental Professional conduct a Phase I Environmental Site Assessment (ESA). I support such a requirement, as Environmental Professionals too often have to compete with either…

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Environmental Due Diligence

TCE by Another Name would Smell as Putrid

Posted on by Joe Derhake PE

Entry by JoeDerhake Entry When doing a Phase I ESA, we all know that significant on site use of TCE, PCE, or vinyl chloride amount to a recognized environmental condition. But will we recognize these chemicals if they are called by an obscure brand name? For example, Petzinol is a branded solvent that contains a…

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SBA Real Estate Finance

SBA Reports

Posted on by Gary Reynolds

Entry by: Gary Reynolds So what report do you need for your 504 or 7a loan?  This depends on the current and past businesses that occupied your property.  SBA has created a NAICS codes list of “Environmentally Sensitive Industries”.  The type and depth of an environmental investigation to be performed varies with the risks of…

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Commercial Real Estate Finance | Environmental Due Diligence

The Misunderstood User Questionnaire

Posted on by summer-gell

There are many adjectives that you can use to describe the User Questionnaire established by AAI…..under -appreciated, neglected, forgotten, and misunderstood to name a few.   How did six little questions manage to become so dreaded? Some clients have made it a policy not to fill out this questionnaire and other clients require a dissertation on…

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