What Lies Beneath? How ESAs Can Dig Up the Dirt
- Topics:
- Appraisal,
- Due Diligence
- Tags:
- Business Operations,
- FMLink Group LLC,
- Marketing,
- Marketing Research,
- Property Management,
- Real Estate
- Source:
- FMLink Group
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Overview: Article asserts that as pressure for a responsible environmental policy increases from local grassroots organizations to the federal government, even greater demands are being placed on property managers and real estate companies as they look to develop sites and construct new commercial and multifamily projects and while property managers try to find new ways to attract tenants and residents to planned projects, they also must consider the ecological effects of construction and renovation. These investigations help determine property value and possible cleanup costs associated with potential property investments. Article also discusses that performing an environmental survey assessment not only provides due diligence and eliminates potential pitfalls as a project or renovation progresses, but also gives property management companies valuable insight into the actual value of the property.
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Format: HTML | Date: Jan 2003 | Pages: 1
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