Long Island Real Estate Group Co-Presidents Peter Schapero (left) and Scott Burman (right) with founding board member Len Karmel hold over-size check for LIREG’s $3,000 donation to the Michael J. Fox Foundation for Parkinson’s Research. LIREG made the donation to honor Karmel’s 11 years of service on the organization’s board LIREG.
When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.