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Amy Rudegeair wrote a new blog post: Selection of a Phase I Environmental Site Assessment Vendor In North Carolina 1 year, 11 months ago
The selection of a vendor for the completion of Phase I Environmental Site Assessment (ESAs) in North Carolina should be based on the qualifications of the firm. Over the last seven years, I have been personally involved in the completion or review of upwards of 1,000 Phase I ESAs in North Carolina. A lender once jokingly accused me of [...]
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Amy Rudegeair wrote a new blog post: The Importance of Erosion Control Inspections During Collateral Analysis 1 year, 12 months ago
During the housing boom, clearing large parcels of land for development became routine. After the market downturn in late 2008, construction projects throughout the country halted midstream. On many sites, construction equipment was left to rust and utilities and roadways were partially installed. The stormwater management and erosion control…[Read more]
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Amy Rudegeair wrote a new blog post: Real Estate Secured Lending – Gas Stations 2 years ago
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. The three main considerations are outlined below: (1) What is the age of the current Underground Storage Tank ( UST) system? Regardless of [...]
