Lending Institutions, Insurers, and Investors
Since 1982, HRP has helped banks, insurers, and lending institutions assess liability at thousands of residential, commercial and industrial properties throughout the U.S.
HRP understands that the following priorities are of particular importance to you:
- Identification and quantification of potential liabilities
- Development of cost-effective investigation and mitigation programs
- Realistic projection of mitigation time frames
- Prompt and flexible service to support loan expiration commitments
- Maintenance of confidentiality of information obtained on behalf of the lender
- Sensitivity and diplomacy when communicating with borrowers
Services commonly provided by HRP to financial institutions and investors include:
- ASTM E1527-05 and Client Scope Phase I ESAs and transaction screenings
- Assessment and mitigation of asbestos, lead, mold, hazardous materials, and radon
- Subsurface investigations and quantification of liabilities
- Remedial actions and cost projections
- Underground storage tank evaluations
- Property condition assessments
- Construction Draw reviews
- Environmental compliance audits
- Pre-foreclosure workout assistance
- Indoor air quality testing and vapor intrusion evaluations
We have provided these services on individual properties, as well as large multi-national portfolios, in order to support permanent loans and re-financing, foreclosures and work-outs, mergers and acquisitions, sale lease-backs, Small Business Administration and Credit Union Loans, and commercial mortgage-backed securitization.