Transactions We Serve
Environmental due diligence protects every stage of a real estate transaction, from acquisition and financing through development, leasing, and disposition. True North Terra serves lenders, attorneys, developers, investors, and public and nonprofit organizations across Vermont, New Hampshire, and Upstate New York.
13+ YEARS · 3,600+ REPORTS SIGNED · ASTM E1527-21 · ASTM E1528-22 · 40 CFR PART 312 (AAI) · SBA SOP 50 10
Acquisitions
Commercial, multifamily, light industrial, and mixed-use property purchases
Vacant land and pre-development site acquisitions
Portfolio and multi-site acquisitions
Fuel station and convenience store properties
Business acquisitions that include real estate
Sale-leasebacks and 1031 exchange replacement properties
Partnership buyouts, property divisions, and estate settlements
Typical services: Phase I ESA, Transaction Screen Assessment, Environmental Database Review
Loan Servicing and Asset Resolution
Loan modifications, extensions, and maturity re-underwriting
Collateral substitution and release
Pre-foreclosure and deed-in-lieu due diligence
SBA post-default environmental investigations
Bank-owned (REO) property dispositions
Loan and note sale portfolio screening
Receivership baseline assessments
Typical services: Phase I ESA, Transaction Screen Assessment, Environmental Database Review, SBA Records Search with Risk Assessment
Commercial and SBA Lending
Commercial purchase and refinance loans
SBA 7(a) and 504 loans
Construction loans
Credit union commercial lending
Typical services: Phase I ESA, Transaction Screen Assessment, SBA Records Search with Risk Assessment
Leasing
Tenant move-in and lease-exit baseline assessments
Ground leases
Solar and renewable energy land leases
Typical services: Phase I ESA, Transaction Screen Assessment
Report Review and Reliance
Independent peer review of third-party Phase I ESAs for lenders and buyers
Equity investor and joint venture reliance
Pollution liability insurance underwriting support
Typical services: Phase I ESA Peer Review, Phase I ESA
Development and Redevelopment
Brownfields redevelopment
Affordable and workforce housing
Adaptive reuse and historic conversions
Site selection among multiple candidate parcels
Typical services: Phase I ESA, Environmental Database Review
VERMONT · UPSTATE NEW YORK · NEW HAMPSHIRE
Working out a distressed asset?
Pre-foreclosure, deed-in-lieu, REO, and receivership assessments for special assets and workout groups. Limited site access does not have to stall the file
Screening a loan pool for a portfolio?
Multi-parcel Database Reviews rank environmental risk across many properties at once, with Phase I ESAs on the parcels that need them. Large portfolios are delivered on a stated schedule.