Why New Phase I Site Standard Matters for Real Estate
December 3, 2021
The preeminent standard for Phase I environmental site assessments — an essential part of transactional due diligence — is changing. The new standard is based on lessons learned. Interested parties in real estate transactions and mergers and acquisitions — including owners, operators, developers, lenders, insurance providers, and bond issuers and underwriters — will be affected.
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