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Archives / 2012 / July

Good Bye Registered Environmental Assessors (REA)

Entry by JoeDerhake Entry I was saddened to hear that California is discontinuing the Registered Environmental Assessors (REA) Program as of July 1, 2012.     A lot of my colleagues, inside and even outside of California, carry this registration and they are definitely deflated by this news. This really increases the need for a national environmental professional certification ... Read More »

SBA SOP 5010 5 (E)- NAICS Codes for Environmentally Sensitive Industries

An Old Persian Proverb teaches that “One pound of learning requires ten pounds of common sense to apply it.”  By applying this lesson when reading through Appendix 4 of the current SBA SOP 5010 5 (E) the NAICS Codes of Environmentally Sensitive Industries, lenders can save their borrowers time and money. I’ve had many lenders contact me with an order for a Phase I Environmental Site Assessm... Read More »

Partner Continues Industry Education Efforts with New Due Diligence Series

Environmental and engineering due diligence in relation to real estate transactions often poses questions about how, when and why. As an industry leader in providing assessments, Partner had taken to task to also be industry leaders in educating the real estate industry on the When of ordering a report, the Whys, the Hows, and the effects of the report once received. After publishing three videos ... Read More »

Environmental Due Diligence When Inheriting Real Estate

What type of environmental due diligence should you do prior to taking title to real estate that is given to you?   Is doing a Phase I Environmental Site Assessment a bit like looking a gift horse in the mouth? A Connecticut woman recently inherited a commercial property that had formerly been a gas station and, as reported by environmental lawyer Larry Schnapf, she is being held responsible for... Read More »