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Environmentally Sensitive Industries

Partner Spring Webinars

Partner Engineering and Science, Inc. is pleased to launch our spring webinar series. This series offers new and updated webinars that discuss commercial real estate trends, standards updates and changes as they affect the commercial real estate industry. Registration for all webinars is at no cost to industry professionals. Webinar Topics Include: The Essentials of Seismic Risk Assessments Why sh... Read More »

Radon Affects Real Estate Deals

Being that Colorado is an area with a high radon propensity, it is important to know how radon can impact a real estate transaction.  Sellers, lenders, and developers need to be aware of the risks of radon and how it can impact their commercial real estate deal.   Radon testing can be completed to assess whether a particular building has elevated levels and radon mitigation, if necessary, can ofte... 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 Assessment sol... Read More »

SBA Loan Requirements

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 an Environmental Investigation to be performed varies with the risks of Contamination. Here is ... Read More »

Selection of a Phase I Environmental Site Assessment Vendor In North Carolina

When ordering a Phase I Environmental Site Assessment in North Carolina, careful consideration should be given the credentials of the firm and their experience with similar property types. Partner Engineering and Science has been involved in more than 5,000 environmental site assessments in North Carolina covering a wide range of property types. Read More »

Real Estate Secured Lending – Gas Stations

Typically, when a lender is considering a real estate secured loan collateralized by a gas station, the environmental risk associated with the real estate can be a major factor in the lending decision. Read More »

SBA Reports

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 contamination.  The higher the risk for contamination, the more in-depth... Read More »

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