Phase I Environmental Site Assessments: Key Considerations and Practical Insights into Recognized Environmental Conditions

There are several factors should be taken into consideration when evaluating recognized environmental conditions (RECs) during a Phase I Environmental Site Assessment (ESA). RECs are found on industrial and commercial properties for a variety of causes. This webinar will dive into what is evaluated to determine RECs, their potential causes, [...]

By |2023-05-24T09:16:31-04:00May 24, 2023||0 Comments

Is There A Difference Between Ohio EPA VAP and Other Environmental Due Diligence Tools?

Are you considering purchasing a commercial or industrial property that may have environmental contamination? It is critical to consult with a qualified team that can provide you with a full evaluation of risks that typically accompany the purchase and redevelopment or reuse of the contaminated property. Learning the difference between [...]

By |2022-12-20T16:13:37-05:00December 20, 2022||0 Comments

Basics of Phase I Environmental Site Assessments

The Phase I Environmental Site Assessment (Phase I ESA) is a common report used to identify potential or existing environmental contamination liabilities for real estate transactions.  A Phase I can provide important information about a property, but can also be overlooked as simply a check box on long list of [...]

By |2022-10-12T10:50:28-04:00October 11, 2022|Due Diligence, News|0 Comments

Get Ready for a New ASTM E1527 Phase I ESA Standard: What are the Proposed Revisions?

It seems like just yesterday we were discussing updates to the 2005 Phase I Environmental Site Assessments (ESA) standard, which became the now current ASTM E1527-13 “Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process”. That was back in 2013 and here we are 8-years later with [...]

By |2021-09-02T10:18:26-04:00September 2, 2021||0 Comments

Get Ready for a New ASTM E1527 Phase I ESA Standard: What are the Proposed Revisions?

It seems like just yesterday we were discussing updates to the 2005 Phase I Environmental Site Assessments (ESA) standard, which became the now current ASTM E1527-13 “Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process”. That was back in 2013 and here we are 8-years later with [...]

By |2021-09-02T10:17:14-04:00September 2, 2021||0 Comments

Why a Clean Phase I Environmental Site Assessment Can Be Misleading For Those Involved With Post-Closing Construction Activities

A Phase I Environmental Site Assessment is the de facto Environmental Due Diligence standard (ASTM E1527-13) for most commercial property transactions in the United States. The Phase I is used to identify the presence or likely presence of Comprehensive Environmental Response, Compensation and Liability Act (CERCLA) hazardous substances or petroleum [...]

By |2021-02-17T12:16:34-05:00February 11, 2021|News|0 Comments

Phase I Portfolio for Renewable Energy Developer

August Mack was retained to develop an environmental due diligence program for a national developer of renewable energy at multiple sites in the state of New York. In most multi-site portfolios, all sites are bundled under the same contract, allowing the client to realize cost-savings by combining multiple site inspections [...]

By |2022-03-25T14:58:14-04:00August 13, 2020|Due Diligence, Projects|0 Comments
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