What Are Environmental Reports (Phase I/Phase II)?

Commercial real estate transactions are built on due diligence. In the due diligence process for commercial buildings, environmental studies are today’s big issue for buyers and lenders. Mark Hulsey, veteran commercial broker will explain in simple terms what a Phase I and Phase II environmental study is all about.
#realestateinvesting #commercialrealestate #investing

[@gelsayedpt]

Awesome

[@danj1796]

You have no idea how valuable this info is to me! Thank you!

[@Lawnflower]

You should do a Phase I ESA regardless of the lenders position.

[@cuthberthmeleck4666]

Thank you, this is very helpful

[@resultscre]

Glad it was helpful!