News & Press https://www.envirobank.org/news/default.asp Tue, 21 Jul 2026 17:51:40 GMT Fri, 23 Feb 2024 17:45:00 GMT Copyright © 2024 Environmental Bankers Association EBI Consulting Recognized as a Top 10 Environmental Consulting Services https://www.envirobank.org/news/news.asp?id=665805 https://www.envirobank.org/news/news.asp?id=665805 Read here.

]]> Fri, 23 Feb 2024 18:45:00 GMT AKT Peerless’ Leadership Continuity Plan https://www.envirobank.org/news/news.asp?id=655859 https://www.envirobank.org/news/news.asp?id=655859 read here.
https://www.aktpeerless.com/recent-news/akt-peerless-leadership-continuity-plan-2/]]> Mon, 23 Oct 2023 18:29:00 GMT Adam Meurer Recognized by ASTM https://www.envirobank.org/news/news.asp?id=655857 https://www.envirobank.org/news/news.asp?id=655857 Adam Meurer Recognized by ASTM

Adam Meurer, CHMM, PWS, Director of Environmental Services for ECS Mid-Atlantic was recognized by the American Society for Testing and Materials (ASTM) for his involvement as a Focus Group Leader on the Task Group responsible for revising the new Phase I Environmental Site Assessment (ESA) standard.
 
]]> Mon, 23 Oct 2023 18:27:00 GMT Due diligence and climate reporting: the rapidly changing landscape; A Q&A with Albert Slap https://www.envirobank.org/news/news.asp?id=654936 https://www.envirobank.org/news/news.asp?id=654936 Due diligence and climate reporting: the rapidly changing landscape; A Q&A with Albert Slap
 

]]> Wed, 11 Oct 2023 20:51:00 GMT EBI Consulting Webinar: Navigating sustainable investments: ESG and Due Diligence for Banks https://www.envirobank.org/news/news.asp?id=654693 https://www.envirobank.org/news/news.asp?id=654693  

EBI Consulting Webinar: Navigating sustainable investments: ESG and Due Diligence for Banks

 

A comprehensive guide for banks seeking to navigate the evolving landscape of sustainable finance and make informed ESG-inclusive investment decisions. Click the video below to learn more.

 

https://www.youtube.com/watch?v=N9J1rZNA6BA&t=1s

 

]]> Mon, 9 Oct 2023 20:18:00 GMT The ELAM Group Named Among Financial Services Review’s Top 10 Claims Processing Firms Nationwide https://www.envirobank.org/news/news.asp?id=654509 https://www.envirobank.org/news/news.asp?id=654509 The ELAM Group Named Among Financial Services Review’s Top 10 Claims Processing Firms Nationwide

 

]]> Thu, 5 Oct 2023 20:54:00 GMT More Than 200 Million Gallons of 'Slightly Radioactive' Water into Florida Aquifer https://www.envirobank.org/news/news.asp?id=309278 https://www.envirobank.org/news/news.asp?id=309278 Company Didn't Notify Public For Three Weeks That Sinkhole Had Leaked More Than 200 Million Gallons of 'Slightly Radioactive' Water into Florida Aquifer

 

from: Weather.com

 

The public was not notified for three weeks after a massive sinkhole opened up underneath a storage pond in Florida, causing more than 200 million gallons of "slightly radioactive" contaminated wastewater to leak into one of the state's main underground resources of drinking water. Click here to read full article

]]> Fri, 23 Sep 2016 20:22:07 GMT Company Not Liable for Pre-Ownership Cleanup Costs https://www.envirobank.org/news/news.asp?id=309277 https://www.envirobank.org/news/news.asp?id=309277 from: Bloomberg BNA

 

A Pennsylvania company is liable only for response costs incurred after it took ownership of a contaminated site, not for those incurred beforehand, a federal trial court ruled Aug. 30. Click here to read full article

]]> Fri, 23 Sep 2016 20:10:50 GMT Senate Passes $9.4B Water Infrastructure, Flint Aid Bill https://www.envirobank.org/news/news.asp?id=308117 https://www.envirobank.org/news/news.asp?id=308117 Law360

Law360, Washington (September 15, 2016, 12:16 PM EDT) -- The U.S. Senate passed a bill Thursday authorizing more than $9.4 billion in projects to repair and improve waterway infrastructure across the country, as well as aid for communities like Flint, Michigan, with contaminated water supplies. Click here to read full article]]> Fri, 16 Sep 2016 14:31:33 GMT How Broad Economic Trends are Affecting U.S. Real Estate https://www.envirobank.org/news/news.asp?id=305387 https://www.envirobank.org/news/news.asp?id=305387 National Real Estate Investor

There are many factors across the country—most are socioeconomic at their core—that will have tremendous impact on real estate markets over the next 12 months. Although most of the factors are national in scope, others are global. All are converging to alter the flow of real estate investment in the U.S. in certain sectors while growing development in other ways that had previously been nascent. Click here to read full article]]> Fri, 26 Aug 2016 17:59:47 GMT US Banks Clearly Tightening CRE Lending Standards https://www.envirobank.org/news/news.asp?id=305386 https://www.envirobank.org/news/news.asp?id=305386 CoStar Group

CRE Loan Growth Still Strong but Moderates in July as Analysts Sees More "Rationality" Return to the Market

Second quarter bank earnings results and early third quarter lending numbers clearly show U.S.-based banks have tightened their underwriting standards for CRE loans as they face increased scrutiny of their commercial real estate lending from bank examiners. Click here to read full article


]]> Fri, 26 Aug 2016 17:57:15 GMT The Gap Between Appraisals and Environmental Site Assessments https://www.envirobank.org/news/news.asp?id=305376 https://www.envirobank.org/news/news.asp?id=305376 by Dianne Crocker

from: New England Real Estate Journal

Appraisals and environmental due diligence have traditionally been treated in silos, but forces are driving these functions closer together. Click here to read full article

]]> Fri, 26 Aug 2016 16:51:23 GMT Updated ASTM PML E2026 https://www.envirobank.org/news/news.asp?id=296202 https://www.envirobank.org/news/news.asp?id=296202 From ASTM International:

 

Standard Guide for Seismic Risk Assessment of Buildings
Click here for more

]]> Wed, 29 Jun 2016 14:22:54 GMT Updated ASTM PML E2557 https://www.envirobank.org/news/news.asp?id=296201 https://www.envirobank.org/news/news.asp?id=296201 From ASTM International:

 

Standard Practice for Probable Maximum Loss (PML) Evaluations for Earthquake Due-Diligence Assessments Click here for more

]]> Wed, 29 Jun 2016 14:18:10 GMT Energy Downturn Hammers Commercial Real Estate https://www.envirobank.org/news/news.asp?id=296191 https://www.envirobank.org/news/news.asp?id=296191 From the Houston Chronicle

 

Commercial projects change hands or are shelved as developers struggle

The fate of two prominent commercial real estate deals spotlights the accelerating impact of oil's price collapse across the Houston economy.

In north Houston's Greenspoint area, the influential developer Hines is handing the keys to a six-building office complex back to its lender due to declining occupancy with no turnaround in sight. Much of the space is coming online as Exxon Mobil Corp. moves to its new campus near The Woodlands. Click here to read full article

]]> Wed, 29 Jun 2016 13:57:04 GMT Growing Global Bandwidth Needs Driving U.S. Data Center REIT Transactions https://www.envirobank.org/news/news.asp?id=296190 https://www.envirobank.org/news/news.asp?id=296190 From CoStar Group

 

Early 2016 Moves by Microsoft and Other Tech Firms Spotlight Growing Demand for High-Security Data Centers to Accommodate Complex 'Big Data' Requirements

Sensing huge growth potential, commercial property investors are rushing into the data center market in ever-increasing numbers as the dramatic rise in consumer and corporate demand for all things online drives the strongest returns for any REIT property sector this year. Click here to read full article

]]> Wed, 29 Jun 2016 13:54:37 GMT Commodity Prices Are Down; Construction Costs Are Not https://www.envirobank.org/news/news.asp?id=296188 https://www.envirobank.org/news/news.asp?id=296188 From GlobeSt.com

 

LOS ANGELES—The price of materials is just one factor in construction cost trends, says CBRE Group’s Andrea Cross. Since 2011, those trends have moved steadily upward. Click here to read full article

]]> Wed, 29 Jun 2016 13:50:44 GMT REITs Do More Building Than Buying https://www.envirobank.org/news/news.asp?id=296187 https://www.envirobank.org/news/news.asp?id=296187 From GlobeSt.com

NEW YORK CITY—However, while some companies presenting at REITWeek downplayed concerns about overbuilding, others have begun to scale back, according to Trepp research. Click here to read full article

]]> Wed, 29 Jun 2016 13:48:31 GMT ‘The World is Starting to De-Correlate’ https://www.envirobank.org/news/news.asp?id=296186 https://www.envirobank.org/news/news.asp?id=296186 From GlobeSt.com

 

NEW YORK CITY—Nearly a third of the capital committed by PGIM Real Estate’s investor base globally comes from clients pursuing real estate strategies outside their own markets, CEO Eric Adler told reporters at a media briefing earlier this week. Click here to read full article


]]> Wed, 29 Jun 2016 13:46:26 GMT ASTM Updates Standards for Assessing Building Seismic Risk! https://www.envirobank.org/news/news.asp?id=296185 https://www.envirobank.org/news/news.asp?id=296185 From GlobeSt.com

The new criteria for both naturally occurring and man-made tremblors will be felt across CRE. Joe Derhake, PE, of Partner explains why.

Last weekend, ASTM International released changes to E2026 Standard Guide and E2557 Standard Practice, the industry standards for assessing seismic risk to buildings.  The changes are expected to improve the consistency of the evaluation of seismic risks during CRE transactions. This is an ideal time for property owners, investors, lenders and businesses to reevaluate their approach to seismic risk assessment and due diligence. Click here to read full article]]> Wed, 29 Jun 2016 13:41:19 GMT Mid-Year Market Update from MBA of NY Summit https://www.envirobank.org/news/news.asp?id=296074 https://www.envirobank.org/news/news.asp?id=296074 From EDR:

 

Take-Aways from the MBA of NY’s 2nd Annual Commercial Real Estate and Lending Summit

Last Thursday, the Mortgage Bankers Association of NY hosted its 2nd annual Strategic Real Estate & Lending Summit at the Affinia Hotel in New York City. I was fortunate to moderate a panel of leading economists in a track titled, The Future of Commercial Real Estate Lending in an Uncertain Market. Click here to read full article

]]> Tue, 28 Jun 2016 20:23:58 GMT EDR PRISM Awards Recognize Excellence in the Property Risk Management Industry https://www.envirobank.org/news/news.asp?id=291058 https://www.envirobank.org/news/news.asp?id=291058 With much fanfare, EDR, the nation’s provider for property risk information and due diligence tools, recognized distinguished companies and individuals in seven categories at the PRISM 2016 Awards.

The awards were presented as part of the first-ever PRISM conference, held May 9-11, 2016 at the Hyatt Regency Lost Pines near Austin, Texas. The conference brought together over one hundred leaders in the property risk management industry to network and learn.


“EDR is proud to recognize and champion professionals and organizations that have inspired us, delivered innovations in challenging markets, and improved the industry as a whole.” said Chris Aronson, CEO at EDR. “The excitement of the award recipients along with the extraordinary support from industry peers in attendance made the first-ever PRISM Awards a truly remarkable experience.”


The awards were presented as follows:

Click here to read full article

]]> Wed, 25 May 2016 13:40:47 GMT Developers Are Turning Rust Belt Hulks into Luxury Hotels https://www.envirobank.org/news/news.asp?id=288110 https://www.envirobank.org/news/news.asp?id=288110 National Real Estate Investor

(Bloomberg)—Covington, Ky., a city of 40,000 across the Ohio River from Cincinnati, seems like an odd place for a high-end hotel. For Mario Tricoci, that's a selling point.

Last year, the Chicago developer hooked up with a local real estate investor on a $22 million retrofit of a century-old, seven-story, defunct Covington department store that locals say was the first skyscraper in Kentucky made of reinforced concrete. Click here to read full article

]]> Thu, 5 May 2016 18:40:15 GMT ULI Special Report: REITs Shift Strategies Amid Market Uncertainty https://www.envirobank.org/news/news.asp?id=288109 https://www.envirobank.org/news/news.asp?id=288109 Commercial Property Executive

Leading REIT executives Gerard Sweeney and Bill Hankowsky offered insights into their preparations for the volatile economic cycle at the 2016 ULI Spring Meeting. Click here to read full article]]> Thu, 5 May 2016 18:38:43 GMT The Benefits and Risks of Online CRE Lending https://www.envirobank.org/news/news.asp?id=288108 https://www.envirobank.org/news/news.asp?id=288108 National Real Estate Investor

Over the past several years, the commercial real estate finance industry has seen increased regulatory oversight. The risk retention rules and increased reserve requirements, which go into effect at the end of 2016, will put even more pressure on traditional lending sources, limiting their capability to provide clients with construction loans for new properties and refinancing of existing loans. With nearly $300 billion in loans coming due in the next 18 months, non-traditional lenders, including online marketplace lending platforms, will have an opportunity to fill the void and provide borrowers with access to alternative forms of capital. Click here to read full article]]> Thu, 5 May 2016 18:34:06 GMT