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phase I esa

What are the key pillars of the Phase I ESA process that determine the quality of the report? Jason Bates discusses important things to look out for when selecting your environmental consultant.

Assessing the Assessor – What Makes a Quality Phase I ESA?

What are the key pillars of the Phase I ESA process that determine the quality of the report? Jason Bates discusses important things to look out for when selecting your environmental consultant. Read More »

File reviews: digging to uncover business environmental risks

Under ASTM E1527-13, file reviews are a much more pertinent part of Phase I Environmental Site Assessments (ESA) to accurately identify the potential for Recognized Environmental Conditions (REC) and assess business environmental risk associated with a property. Read More »

Due Diligence in Motor City – why Phase I ESAs are different in Detroit

The Phase I Environmental Site Assessment (or ESA), considered by many in the real estate and finance industries as the most essential form of environmental due diligence, can vary in complexity and challenge when conducted in a city with a storied industrial history known as the automotive capital of the world.  The development of Detroit in the early 20th century was shaped in part by the design... Read More »

A quick comparison of the old and new ASTM E1527 standards

The primary goal for a Phase I Environmental Site Assessment (ESA) is to identify recognized environmental conditions (REC) on a parcel of real estate within the scope of Comprehensive Environmental Response, Compensation and Liability Act (CERCLA). This is only one requirement to satisfy the Landowner Liability Protections (LLPs); however, it will also present information in order to evaluate the... Read More »

Environmental Bankers Association San Francisco 2013 Recap

This year’s bi-annual summer Environmental Bankers Association (EBA) meeting was held in San Francisco earlier this week. As expected, we covered many interesting topics of particular concern to the environmental professional and lending communities. Lawyer-Speak The kick off panel for the EBA San Francisco conference consisted of four lawyers covering trends in banking, business and real estate t... Read More »

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 »

Commercial Real Estate Due Diligence Underwriters, analysts, and loan officers who want to deepen their knowledge of Commercial Real Estate Due Diligence are well served to learn a little about each type of third party report that is needed to underwrite a commercial real estate transaction.    Five of the most commonly required commercial real estate due diligence reports are Phase I Environmenta... 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 »

Cliff Notes from CMBA State of the State

It’s been a full month since this year’s MBA CREF conference and time to look back at the conference happenings. During the 2013 MBA CREF conference that took place from February 2 through February 6, the California Mortgage Bankers Association (CMBA) presented their State of the State breakfast.  This year, Mary K. Ludgin, Ph.D., Managing Director, and Director of Global Investment Re... Read More »

Heeding Green Advice

The benefits of green building and energy efficiency are real and increasingly want to be realized by commercial real estate investors and tenants alike.  Partner Engineering and Science, Inc.’s green retrofit of their new company headquarters in Los Angeles provided Partner with firsthand experience in realizing those benefits.  By undertaking this project, Partner is now able to provide invaluab... Read More »

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