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Can Due Diligence Increase Certainty of Closure?

The way you and your consultant address red flags...

It’s no secret that due diligence is seen by some in the commercial real estate industry as a necessary evil – you can’t do without it, but the process has potential to uncover unpleasant surprises at a property. For example, the Phase I Environmental Site Assessment might identify a potential environmental concern, or worse documented contamination at a site you believed to be clean, or a property condition assessment may uncover the need for a major capital expense that was previously unidentified.

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