Abstract
The market for commercial and industrial real estate can be impacted by the risks and uncertainty associated with environmental contamination. This research addresses environmental risk perceptions through a national survey of commercial and industrial real estate investors, and compares the results to a similar survey of lenders. Key findings are: perceived risk declines as cleanup plans for contaminated properties are approved, cleanup begins and is completed; lenders perceive greater risk than investors before, during and after cleanup; prior experience with contaminated properties generally decreases perceived risk; and strong market conditions mitigate perceived risk while weak conditions tend to exacerbate these perceptions.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
