Even when a site is contaminated, there are steps purchasers can take to avoid environmental liability, such as the Bona Fide Prospective Purchaser protection.

The medical office sector may find opportunities for new innovative space in vacant big box retail stores, but the due diligence required for such a repurposing would be a little unique.

The scope of work for the Property Condition Report can vary widely depending on the user's goals.

Many older buildings will not be compliant with current ADA and other accessibility requirements. Generally speaking, accessibility improvements will be triggered by alterations to areas where the public has access, subject to certain cost thresholds.

When the seller’s report comes from a reputable consultant that they are familiar with, then perhaps, the buyer can rest a little more easily about relying upon the report.

With around $2 trillion in CRE loans maturing in the next few years, many of which are distressed, brokers, lenders, investors and due diligence professionals will be busy as bees working through them all.

Standard procedure during real estate transactions typically requires that the lender and/or buyer conduct the environmental due diligence on the property, but there are some good reasons for the seller to do their own due diligence.

Regardless of the property location and pertinent accessibility codes, an ADA Survey should cover these main items.

How do accessibility concerns come into play during due diligence?

Sixty years ago there were no laws governing accessibility in the U.S. - today there are several. In this blog I'll take a look back at the regulatory foundations for today's accessibility codes.