environmental-risk-management

Limited Due Diligence Reports

Limited Due Diligence reports are specialized environmental reviews that were created as a limited screening tool to make an informed risk decision when a full Phase I Environmental Site Assessment (ESA) is not necessary and/or desired.

These reports typically have a lender-driven scope of work, but can also be customized to meet the needs of each institution and/or transaction.

PM Environmental has proven experience in crafting specialized limited due diligence reports as part of policy development for various lenders that may require less than a Phase I for a given transaction.

Environmental Transaction Screens (ETS) are a voluntary procedure intended to identify Potential Environmental Concerns (PECs) for commercial real estate. They are completed in accordance to the American Society for Testing and Materials (ASTM) Standard E-1528-2014, and  are meant to be a screening tool for those who wish to conduct limited environmental due diligence, and usually only recommended for low risk property types with available historical information.

Read more about ETS here.

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