When Should You Do A Phase I or II Environmental Assessment? Interview with Nicholas Moran
About this episode
Nicholas Moran discusses the importance of Phase I and II Environmental Assessments in commercial real estate transactions.
As part of a commercial real estate sale, you will most likely do a Phase I and maybe even a Phase II Environmental Assessment. In this episode, Nicholas Moran of Moran Rocks goes through the steps required to protect the buyer from environmental issues that may arise or already be present due to previous owner or tenant activities. Before you put in a offer, make sure the due diligence period will allow for the turnaround time for these important inspections. What is a reliance letter? How long does it take to complete a Phase II? What should you look for when walking a site? This discussion with Nicholas and his experience as a previous regulator, geologist and environmental consultant, provides our listeners with unique insights from both sides of the regulatory aisle.
People in this episode
Hosts: Fernando Arencibia, Jr., Jennifer Wollmann
Guest: Nicholas Moran
Topics covered
- Environmental Assessment
- Commercial Real Estate
- Due Diligence
- Regulatory Insights
- Site Inspection
Mentioned in this episode
Organizations: Moran Rocks
More episodes of Between Two Chairs - Demystifying Commercial Real Estate
- Tax Strategies and Retirement Planning for Real Estate Agents: Interview with Chris Sierra CPA
- Office-to-Residential Conversions and Adaptive Reuse in South Florida
- What Does The Current Economy Mean For The Miami Commercial Real Estate Market?
- How To Invest in Self Storage - An Interview With Lauren Rothlisberger
Explore listener stats, chart rankings, contacts and more on the Between Two Chairs - Demystifying Commercial Real Estate podcast page.