Dirty Property

The seemingly rash sell-off of company owned retail gasoline stations that I previously reported here continues. While the previous article I featured focused on ExxonMobil with a nod to the other major oil companies, the article I am featuring below focuses on ConocoPhillips; the parent corporation of the popular “Union 76″ branded retail stations [...]

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Recently, I was introduced to an account manager from Envirofinance Group. They have a pretty good program for lending on environmentally impacted property. If you are seeking a loan on a property, you should consider giving them a call. here is one of their recent published news items:

ENVIROFINANCE GROUP PROVIDES $27.5 MILLION [...]

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The Wharton School of Business published an article last month in their Finance and Investment section on the state of the Commercial Mortgage Industry that I found to be a good read:
Published: July 23, 2008 in Knowledge@Wharton
With so much media and federal regulatory attention focused on the global credit crunch, especially the securitization of massive [...]

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The Wall Street Journal reported earlier this month that ExxonMobil plans to sell 2,200 retail gas stations in the United States and other oil companies have sold most of theirs as well. They included the following graphic:

I know this may raise concern among many consumers who would think that this may lead to another [...]

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This was posted last week and the sampling was presumably performed a couple of weeks ago, but I am posting it to illustrate that public focus on these issues is increasing.
U.S. EPA to sample indoor air at Oakland homes, businesses near former plating shop
Release date: 07/23/2008
Contact Information: Wendy Chavez, 415/947-4248, chavez.wendy@epa.gov
High levels of VOCs found [...]

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This article was Published by the Los Angeles Times today and is interesting considering the controversy surrounding perchlorate in soil and groundwater here in California. The Santa Ana Regional Water Quality Control Board and water supply agencies in San Bernardino and Riverside Counties have an especially heightened state of awareness about perchlorate due to [...]

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I recently had a client request a number of transaction screens for a block of properties that they are purchasing.
A transaction screen is a limited environmental assessment designed to identify readily apparent and potential environmental liabilities associated with a site or facility. All work is conducted in accordance with the ASTM E [...]

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