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BRIEFING: SBA Letter
What you need to know about the Small Business Administration's (SBA) more stringent environmental requirements.
BRIEFING: The Cost of Consultant Bias in Application of RBCA at LUST Sites
Our goal with this briefing series is to help owners and their advisors assess environmental strategy to align business goals with site compliance or closure.
BRIEFING: Environmental Due Diligence in Workout and Foreclosure
As the number of non-performing loans has dramatically increased over the past year, the ability of Special Asset Group (SAG) personnel to respond using traditional tools and methods, including conducting traditional environmental due diligence (EDD), has been severely taxed. As a result, SAG staff are reviewing policies and procedures, including modified scopes of work for initial EDD focused towards assessing risk and re-sale options. Further, SAG staff cite that traditional EDD does not provide an ability to assess the need for future EDD work (e.g. Phase II ESA, due care) and the cost and ability to re-sell the property. SAG staff has asked for a lower cost initial EDD product that can be conducted without the need for site access and that focuses on assessing full EDD cost and overall environmental risk, allowing SAG staff to better gage the overall effect on property value and its potential for resale.
REFERENCE: Environmental Due Diligence Flow Chart
BLDI's Environmental Due Diligence Flow Chart and Questions & Answers
BRIEFING: The Cost of Incomplete Environmental Due Diligence in Seller-Financed Gas Station Deals
Given the tight credit market, seller financing is becoming the primary means for gas station sales. And in seller-financed deals, it is common for environmental conditions such as contamination and unresolved releases to be ignored. This can come back to haunt the purchaser and the seller as it can complicate the current and future transactions.
GUIDE: New Regulatory Deadlines for ASTs
Attention Aboveground Storage Tank Owners: New regulatory deadlines for ASTs take effect August 13, 2008. Find out what they are and what actions you need to implement.
BRIEFING: The Problem of Shortcut Environmental Due Diligence
Learn about the problematic trend of taking shortcuts in Environmental Due Diligence and how it raises risks for current transactions and complicates future transactions.
PAPER: Historic Photo Studios
Environmental Risk Management Phase I Environmental Assessments; Historical Recognized Environmental Condition Photo Studio
ARTICLE: Sinking Costs
This article is about new vertical aquifer profiling technology. This article was first published in Environmental Protection Magazine
GUIDE: How to Select an Environmental Consultant
This Guide outlines what factors to evaluate when choosing or considering an environmental consultant.
