Environmental due diligence is an essential process with any major commercial real estate transaction, including the sale, purchase, lease or refinancing of a property or industrial or oil and gas acquisition. ESE Partners will utilize industry standards and environmental expertise to identify potential environmental liabilities within a property, such as soil and groundwater contamination. Many lending institutions require some form of environmental due diligence be performed prior to financing. Various levels of due diligence can be performed, the most common being a Phase I and II Environmental Site Assessment. Others include Transaction Screens, Record Search Risk Assessments (RSRAs), and desktop reviews.