Risk-E Business is the environmental risk and property due diligence podcast. We discuss important topics in real estate due diligence and environmental risk, including news and advice on regulations, research technology, Phase I assessments, and more.
Real ESG Value: Megatrends Transforming CRE
Environmental, social, and governance (ESG) factors and mega-economic trends are transforming the commercial real estate market and impacting brownfields redevelopment. Join Mary Ann Grena Manley, Founder and President, 15E Communications, and guest Dan French, Founder & Principal of dbForesites and President of Brightfield Productions, for a lively discussion about how global factors and ESG are influencing public and private investment in infrastructure, real estate, and beyond. Critical discussion items include the importance of identifying all risks in CRE portfolios that have financial consequences and preparing for the wealth of new opportunities emerging as the transition to the green economy takes shape and worldwide markets shift.
Connecting the Phase I to Long-Term Stewardship: ASTM’s Continuing Obligations Standard
Although ASTM's Standard Guide for Identifying and Complying with Continuing Obligations (E2790-20) doesn't get the star treatment the Phase I standard enjoys, it plays a critical role in the environmental due diligence continuum, kicking in for property owners who acquire contaminated sites. Often, these are properties purchased for redevelopment. For parties looking to ensure liability protections under federal law (CERCLA) or state law, or to ensure they’re following best practices for general risk management for contaminated properties, the guide is a critical post-acquisition implementing tool. Notably, the first step the user takes under E2790-20 is to review the site’s Phase I report. Join Mary Ann Grena Manley, President, 15E Communications, and guest Mike Sowinski, Vice President, Terradex, for an enlightening conversation about ASTM's standard guide for land stewardship.
What EPs Need to Know: ASTM 1527-21's New Guidance Regarding Environmental Liens and Activity and Use Limitations (AULs)
This is important and must-know information. Among the many changes, the new standard provides more guidance about the extent of historical research needed, and specifically, when it comes to identifying Environmental Liens or Activity and Use Limitations – AULs. The new standard seeks to improve the accuracy of report conclusions by specifying that title records must be researched back to 1980. But how will this translate to how EPs conduct Phase Is for their clients? Join Jeff Doerner, Senior VP at ERIS, and his guest David Mitchell from AFX Research. As President of AFX Research, and as a member of the advisory sub-committee focusing on liens for the 1527-21, David is in a unique position to discuss the lay of the land, the upside and downside that will affect practitioners and clients alike.
What’s Old is New Again: Adaptive Reuse Trends and Tips for Effective Environmental Due Diligence
The commercial real estate market is booming! Certain trends and drivers of change continue to fuel robust transactional and redevelopment activity, including the adaptive reuse of CRE, which gives older structures and spaces new life and purpose. Guest host Mary Ann Grena Manley welcomes guest Mark Johnson, a Principal Consultant with Geosyntec, based in the company’s Wilmington, NC office, to discuss these evolving trends as well as the impact of emerging environmental justice policies and ESG factors on environmental due diligence and project planning. Mark also offers practical tips for parties involved in adaptive reuse and brownfields redevelopment projects.
Spotlight on New Jersey’s Environmental Justice Law – What it Means for Our Industry
Environmental justice (EJ) has become a force of change in our industry with major implications for developers and investors. While every state has some kind of EJ policy, New Jersey’s new landmark legislation is the first of its kind with real teeth and its implementation will be closely watched by various stakeholders. Guest host Mary Ann Grena Manley welcomes guest New Jersey environmental attorney Matt Karmel with Riker Danzig Scherer Hyland & Perretti LLP, to explain the nuts and bolts of the new law, what industries it will impact, and its broader implications for businesses and projects nationwide.
Drones - The New Tool in Environmental Risk Research
Guest Kevin Drover of Stantec Consulting Ltd speaks with host Brayden Ford about the development of drones for environmental property due diligence. Kevin oversees an international group whose specific role is to apply unmanned aerial vehicle technology for the expansion of site research and monitoring.