Blog

September 10, 2019

Storage Tanks Present a “HOT” Environmental Risk

Underground storage tanks (USTs) and heating oil tanks (HOTs) present unique and challenging environmental risks for both commercial and residential property owners, as well as lenders. […]
August 5, 2019

PFAS Contamination Can Lead to a Sticky Environmental Situation

A recent toxic spill at Hartford, Connecticut’s Bradley Airport has generated headlines and brought the dangers of PFAS, a type of chemical found in many popular […]
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 […]