Understanding the Parameters of Environmental Due Diligence of a Service Station Portfolio deal

On this episode, host Todd Perry speaks with Zane Hood from the PPM Birmingham AL office, about the process and steps required during the purchase of a multiple property portfolio of service/gas stations or convenience stores. You’ll hear about the bank’s requirements, Phase I & II REC analysis, and calculating your risk tolerance for the investment. Although you are advised to “buy the assets, not the liabilities” – if the financials work, it may be worth it to complete remediation at high-volume stores/sites. Key Topics and Takeaways Risk management for your proposed purchase/site Your financial institution may skip directly to…