ToxiCheck® provides commercial real estate (CRE) lenders with the essential information they need as part of the property underwriting process.
The ToxiCheck® process starts with a map-based radius search of myriad government databases and records to help identify current environmental risks. Historical records are also provided that identify prior environmental high-risk usage on both the target and adjoining properties. ToxiCheck® then assigns a risk rating to the results, making is easy to identify property’s risk level as “elevated” or “low.”
WHAT IT'S USED FOR
Designed for the non-environmental professional, commercial real estate lenders find ToxiCheck® ideal for low balance loans that might otherwise not receive any environmental investigation, such as Phase I ESA reports.