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5 Things Commercial Lenders Should Know About the New ASTM Phase I Standard

The new version of ASTM E1527 Standard Practice for Phase I Environmental Site Assessments (ESAs) was published in November 2021. This standard outlines the process that environmental consultants follow when conducting Phase I ESAs to assess the environmental risk associated with real estate.

As the updated standard has included several changes to the previous 2013 Standard, LaBella would like to provide you with what we consider to be the top five differences in the standard that could affect commercial real estate lending.

Read about them by clicking here

About the Author
Gabrielle Krawiec
Environmental Business Development Specialist

As LaBella’s Environmental Business Development Specialist, Gabrielle is responsible for client management, business development, and the coordination of client’s needs. She has worked with diverse clientele, including financial institutions, attorneys, government agencies, and private developers. Utilizing her expertise with all of LaBella’s services, Gabrielle provides assistance to understand the client’s needs and identify services that will add value to their projects. She has managed over 1,000 projects throughout the Eastern United States, with a particular project focus in New York, New Jersey, Pennsylvania, Ohio, Virginia, North Carolina, and South Carolina.