Given the recent pressure on commercial real estate transactions, lenders and insurance carriers need an understanding of environmental risk to help navigate through the underwriting, special servicing, foreclosure and loan purchase process.
Are these questions keeping you up at night?
- Are there environmental liabilities on the collateral that will cost me money if I take ownership?
- What environmental risks should I understand during the underwriting process to book a profitable account?
- How long will it take to address the environmental liability associated with the real estate?
- What are my options?
- Where do I start?
Don’t go it alone.
Partner with a team that offers just the right amount of due diligence to determine how environmental risk translates into dollars and cents. You need environmental solutions tailored for your business to help you understand the risks and available options that meet your specific needs.
We won’t send you reports with complicated scientific jargon. We’ll provide you with a business-friendly, straight to the point communication report. And to ensure your success, we help guide transactions to successful outcomes.
“For over 10 years Bell Oldow has provided Northeast Bank with environmental consulting and diligence services that we rely on for direct lending, loan purchasing, and workout. Their experience in both environmental science and lending gives us great confidence that we are well informed about potential risks from our collateral.”
Executive Vice President & Chief Credit Officer
Buying, Selling, Working Out Distressed Assets in Post Pandemic Environment
Property owners are experiencing unprecedented uncertainty and volatility and are struggling to keep afloat. Asset values have declined, workout discussions are in process with defaults and foreclosures imminent.
Don’t miss our very own Michael Bell as a panelist for this webinar.