The 10 C’s of Environmental Risk Management
The industry of property assessment and remediation has evolved and matured since its inception in the 1970’s. Any property can be subjected to regulation, and many land uses can impact environmental quality. This list of the 10 C’s of Environmental Risk Management provides an interesting perspective of a healthy and necessary environmental market. 1. Common… 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...
Using Oxygen Releasing Compounds (ORC) to Enhance Site Remediation
ORC is but one component of the remedial toolkit regularly used by ERMI to reduce cleanup time, minimize site disruption, or provide that final push towards achieving cleanup goals. Read More...
Extreme Brownfield Makeovers: Florida’s Next Luxury Properties?
More and more cities can point to dramatic redevelopment success stories. You don’t have to look far to find accounts of old textile mills, urban warehouses, or abandoned heavy-industrial sites that have been transformed from rusty relics into popular, trendy loft apartments and retail spaces. Florida has many such properties just waiting to be turned… Read More...
What we gain from a storm
It’s amazing to consider that today (Sept 10) marks the two-year anniversary of Hurricane Irma’s landfall. Any of you who experienced IRMA remember the devastation vividly. Irma plowed into the Keys as a Category 4 hurricane (at that time, the first to hit our state in more than a decade). Then it churned up into… Read More...