Medro Updates

Buying Commercial Property? Put Environmental Due Diligence in the Financing Plan

By Don McClain

By Don McClain | Founder & Principal, Medro Advisors

Environmental due diligence belongs in a commercial property’s financing and ownership plan. Identify the review scope, relevant inquiry dates, unresolved findings and the professional responsible for the next decision. An existing report should not be treated as automatically suitable for a new buyer or transaction. Connect recommended follow-up with the purchase decision, capital budget and intended use. Acquisition-based AAI rules and a financing provider’s own requirements are separate. A report does not guarantee clean conditions, liability protection, financing approval or a closing outcome.