Can a Brownfields Property Lend Security On all of the federal and state databases that PES examines, there is often coverage of either federal or state listings known as Brownfields. A brownfield site is defined as any property where the…

A new year brings new hopeful expectations. Although interest rates rose slightly in 2015, they are not expected to limit, at least to any significant degree, lending volume. Many commercial lenders believe the interest rate hike will boost commercial lending in…

As part of PES Phase I Assessment due diligence studies, we research information available at state and city environmental regulatory agencies. One of them is the Commonwealth of Virginia Department of Environmental Quality (DEQ). The DEQ was formed in 1993…

Steve Butler of ButlerBank Consulting this past year shared his ideas and thoughts on environmental due diligence for the banking industry.  Mr. Butler has spent just over forty years in the banking industry as a lender, manager, CEO, and as…

Much of the time the risk of environmental contamination does not work against the collateral as established by the borrower. However when it does there can many unwanted repercussions: Loan defaults from financial obligations with cleanup costs and government fines…

The Small Business Administration (SBA) issued their latest guidance criteria on March 1, 2013 with Standard Operating Procedure (SOP) 50 57.  Specifically this SOP applies to Section 7(a) Loan Servicing and Liquidation.  SOP 50 57 outlines the expanded risks associated…

On the upside, capital markets are in much better shape than in recent years.  Cash flush investors, REITS, pension funds, hedge funds, institutions, and private equity investors, are out shopping assets to acquire.  As confidence increases, so does loan volume.…