COVID-19’s impacts on residential and commercial real estate markets are plentiful. We have seen low interest rates, new opportunities for lenders and investors and uncharted foreclosure territory. But lenders, servicers, purchasers and investors are struggling with another, less noticeable impact: the challenge of completing environmental assessments of assets in a world mired by stay-at-home orders. In this post, we provide answers to frequently asked questions about how to conduct and use phase I environmental site assessments (ESAs) in the midst of this global pandemic.
Speaking Energy | A law blog dedicated to keeping you informed on the energy industry.
