Episode 22

Due Diligence: Phase 1 Environmental Site Assessments

0:56:35 - 07/25/2024

In this episode of the Land Investor podcast, we wrap up our Due Diligence series by discussing the critical role of a Phase 1 Environmental Site Assessment. Joined by environmental engineers Marcus Holland and Deven Vignali from Water & Environmental Technologies, we explore how these assessments safeguard both buyers and sellers. They detail the crucial role of ESAs in mitigating risk from historical contamination, walk through the assessment process, highlight common environmental concerns encountered, discuss actions for addressing issues raised by ESAs, and provide insights into the expected cost range.