A Phase I ESA is mainly used to prevent the accidental purchase of a contaminated or otherwise environmentally compromised commercial property at a price that doesn’t take into account the environmental risk or impact. The strategies for purchasing a Phase I ESA depend on which party you are to the transaction. There are generally three

Commercial Real Estate Professionals don’t typically hire environmental consultants themselves, but as a trusted professional, they can influence the buyer on who gets used. CRE Pros know they get paid when a property closes. In reality, they get paid IF a property closes. That’s why managing the process after the contract is signed and on

A Phase 1 ESA is mainly used to prevent the accidental purchase of a contaminated or otherwise environmentally compromised commercial property at a price that doesn’t take into account the environmental risk or impact. The strategies for purchasing a Phase 1 ESA depend on which party you are to the transaction. There are generally three