CRE

June 25, 2019

Your Phase I Recommends Further Due Diligence. Now What?

In last month’s blog, we discussed the importance of obtaining a Phase I environmental site assessment (ESA) on all applicable commercial real estate transactions. In most […]
May 30, 2019

A Phase I Cautionary Tale

If your institution does commercial real estate lending like mortgage services, the Phase I environmental site assessment (ESA) is a critical element of your overall risk […]
May 13, 2019

Managing Lender’s Risk with Environmental Insurance

Commercial lending is a business fundamentally based on managing risk. Certain risks are well-understood, such as credit risk, interest rate risk, collateral risk, and concentration risk. […]
March 20, 2019

SBA Rolls Out Environmental Guidance Changes

Just 15 months after implementing its last round of changes to its Standard Operating Procedure (SOP 50 10 5), the Small Business Administration (SBA) is at […]