EP: 099 - The Hidden Threats in Real Estate Transactions: Mitigating Environmental Risks for Lenders and Buyers

05/10/2023 38 min
EP: 099 - The Hidden Threats in Real Estate Transactions: Mitigating Environmental Risks for Lenders and Buyers

Listen "EP: 099 - The Hidden Threats in Real Estate Transactions: Mitigating Environmental Risks for Lenders and Buyers"

Episode Synopsis

Welcome to another episode of Environmentally Speaking. In today's installment, we delve into the world of environmental assessments and due diligence in commercial real estate transactions. Our guest, Mark, has over 15 years of expertise in this field and will shed light on the often overlooked aspects of compliance with lending institutions' requirements. We'll explore the different levels of due diligence, including the standard ASTM phase one assessment and the Transaction ASCM transaction screen. From asbestos and lead paint concerns to subsurface data and even super fund sites, we'll cover it all. So grab your headphones and get ready to expand your knowledge on the crucial decision-making processes surrounding environmental risks in commercial real estate. Let's dive in!