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Author: Edmund Smith, CHMM

Home Articles Posted by Edmund Smith, CHMM (Page 2)

When Retail Stinks: How Eliminating Unpleasant Odors Put One Store Back in Business

Edmund Smith, CHMMMarch 3, 2016 Edmund Smith, CHMM
Odor problems in a building can be both difficult to track down, and impossible to live with. In office buildings, bad smells create a noxious work environment, and lead to tenant complaints. In a retail establishment, odors can have an even more direct impact on the bottom line, in the form of turning customers away....

Five Environmental Issues Every Renovation Must Take Into Account

Edmund Smith, CHMMJanuary 12, 2016 Edmund Smith, CHMM
Renovation projects can substantially improve the value of a property, and are often a necessary part of routine maintenance. When considering a renovation project, many building owners start with a visit to the city’s building code department to get approval on plans. With that done, many property owners consider their due diligence to be complete....

Environmental Risk Management: What Lenders Need to Know

Edmund Smith, CHMMJanuary 12, 2016 Edmund Smith, CHMM
Potential environmental problems on collateral property represent one of a commercial lender’s largest risk exposures. The discovery of previously unknown contamination can cause a property’s value to plummet, while simultaneously entailing remediation costs far in excess of any remaining value derived from the property. These costs can quickly become the lender’s problem when the borrower...

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Environmental Risk Management: What Lenders Need to Know

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