by OmniEnvGroup | May 11, 2021 | ASTM Standards, Commercial Real Estate Transactions, Environmental Due Diligence, Phase I Environmental Site Assessment, Phase II Environment Site Assessment, Recognized Environmental Conditions [RECs]
There is a big change on the horizon that will significantly impact commercial real estate transactions. ASTM E1527-13, entitled Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process, is the nationally recognized standard...
by OmniEnvGroup | Oct 23, 2020 | Drinking Water, Environmental Due Diligence, EPA, Licensed Site Professional, Massachusetts Contingency Plan, MassDEP, Phase I and 21E, Reportable Conditions, Risk Mitigation, Site Assessment
What are PFAS? Per- and polyfluoroalkyl substances (PFAS) are man-made chemicals, consisting of 4,000+ fluorinated organic compounds in use since the 1940s. They are colorless, odorless, and resistant to heat, oil, and water. Due to their strong bonds, these...
by OmniEnvGroup | Nov 2, 2017 | Environmental Due Diligence, Phase I and 21E
Do you have questions about Phase I Environmental Site Assessments? You’re not alone. Omni Environmental Group gets a lot of questions about Phase I’s from property owners, property buyers and sellers, as well as from lenders whose primary job is not necessarily...
by OmniEnvGroup | Mar 26, 2015 | Environmental Due Diligence, Phase I and 21E
We recently came across a blog post on EDR’s commonground web site illustrating the importance of conducting a Phase I Environmental Site Assessment (Phase I ESA) as part of the due diligence process during a real estate transaction. The post describes a...
by OmniEnvGroup | Apr 22, 2014 | Environmental Due Diligence, Phase I and 21E, Site Assessment
Who should perform (and who should pay for) the Phase I environmental site assessment? Is it the buyer of the property? Or is it the seller? Or is it the lender? Omni Environmental Group gets this question all the time. The answer is…it depends. Any of these 3...
by OmniEnvGroup | Nov 30, 2013 | Environmental Due Diligence, Phase I and 21E
ASTM International issued a revised version of E1527 Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process in November 2013. Omni Environmental Group has compared the new Phase I Environmental Site Assessment (ESA) standard to the...
Recent Comments