Banks / Lenders
Unforeseen environmental conditions can rapidly devalue property and increase liability. Lending money to finance property transactions, there are inherent risks that are known and understood. Typically environmental risks are not one of them. Through environmental site assessments, Gribi Associates can re-construct a history of the site and reveal existing environmental conditions. These tasks can mitigate the risks by both the lender and the borrower and avert a potentially devastating situation.