In the previous blog, we introduced two closely related priorities: maintaining and restoring property value, and discussed the first of those. Now let’s take a look at the second. Read More...
Environmental Management Plans: Maintaining Property Values
These rules and programs have offered a solution to existing property concerns, as well as a method to prevent future concerns. They can help maintain a property’s value by keeping environmental conditions from deteriorating, and by safely containing potential contaminants. Read More...
Determining the Actual Value of Impacted Properties
Initially, impacted properties do have reduced value—but sometimes, that is exactly what can make them strong investment opportunities. Because if the environmental impact can be quantified, the value of the property (including the impact) can be appraised. Decisions regarding the purchase price, loan amount, loan to value, resale potential, and overall credit decisions can all… Read More...
Lender Liability and the Financing of Impacted Properties
In 1986, Congress passed an amendment to Superfund known as the Superfund Amendment and Reauthorization Act (SARA). This amendment incorporated a very commonly used phrase: “all appropriate inquiry consistent with good commercial practice”—a phrase sometimes referenced simply by the acronym “AAI.” The concept of AAI is based on the ancient principle of caveat emptor (“buyer… Read More...
Effective Strategies for Environmental Risk Management: They Really DO Exist.
It all started with the Love Canal. William T. Love, a 19th Century entrepreneur, decided he was going to build a city from scratch. His plan was to generate hydroelectric power from the Niagara River. He built a one-mile long canal, ran out of money, and abandoned the project. The Hooker Chemical Company and other… Read More...
Drinking Water Assessment in Europe
Environmental Risk Management, Inc. (ERMI) personnel recently aided a youth camp in the village of Sangaj in Novi Sad, Serbia. Read More...
Here Comes the Rain
Don’t Lose Sight of Compliance and Permitting Needs—Florida’s Rainy Season is Coming Soon Read More...
ERMI is Still Ready to Protect Florida’s Residents and Resources
ERMI is accustomed to taking precautions for potentially hazardous materials. So when Governor DeSantis issued stronger statewide directives last week, ERMI had already made adjustments within our offices that enable us to both operate and comply simultaneously. Most ERMI personnel are fully equipped with home workstations, allowing our work to continue. Some staff report to… Read More...