by Caltha Company | Feb 17, 2017 | Due Diligence, Environmental Review, Environmental Site Assessment
Professional Development Opportunity Assessing Business Risks & Controls For The Financial Professional – Environmental Risks Caltha LLP is offering a “lunch & learn” opportunity for financial sector organizations on the basics of...
by Caltha, LLP | Feb 2, 2017 | Caltha LLP Services, Due Diligence, Environmental Site Assessment
Financial institutions and their customers have been an important client sector for Caltha since the firm was created. We have been proud to provide professional services to financial sector clients across numerous States ranging from local community development...
by Caltha Company | Jan 21, 2017 | Caltha LLP Project Summaries, Due Diligence, Environmental Due Diligence, Environmental Site Assessment, Redevelopment, Site Assessment
Caltha LLP Project Summary Project: Phase 1 ESA Client: Property Owner Location(s): Duluth, Minnesota Key Elements: Phase 1, Environmental Assessment, All Appropriate Inquiry Overview: Caltha LLP was retained by the property owner to conduct a Phase 1 Environmental...
by Caltha Company | Dec 11, 2016 | Due Diligence, Environmental Site Assessment, FAQ
Lenders have a vested interest in the condition of a property they will accept as collateral. If contamination is discovered later, the value of the property can be significantly reduced and can make the property difficult to resell. Make sure to discuss with your...
by Caltha Company | Dec 11, 2016 | Due Diligence, Environmental Site Assessment, FAQ
Sometimes the Phase I will identify issues (referred to as “Recognized Environmental Conditions” or REC) that indicate that contamination may be present on the property. Under the current ASTM standard, three categories of RECs are established: Current Recognized...
by Caltha Company | Dec 11, 2016 | Due Diligence, Environmental Site Assessment, FAQ
Yes and no; legally, anyone can conduct a Phase I ESA. However, if you want your assessment to meet the ASTM standard, then the “environmental professional” you use will need to provide documentation that they meet the specific qualification requirements contained in...
