In the News

Results of EDR's 2009 Benchmark Survey of Commercial Lenders

June 24, 2009 — Learn how your bank's environmental due diligence stacks up against other lending institutions. Topics to be covered include the latest benchmarks on Phase I pricing and turnaround time, additional levels of environmental due diligence, the impact of more stringent underwriting standards, and the types of due diligence being applied to foreclosures. Listen to this complimentary webinar now to see how your institutions policy holds up. 

EDR Evolves to new Social Networking Platform to Better Position its Online Business Community for Growth

commonground continues to expand in membership and global reach of environmental and property due diligence professionals 

June 16, 2009 — A year after its debut of commonground, the global social network for environmental due diligence professionals, Environmental Data Resources, Inc. (EDR) has re-launched its  award-winning community with many new features that will enable it to  serve a broader audience.

EDR Taps Jon Walker to Head Commercial Real Estate Services Division

June 8, 2009 —  Robert Barber, CEO of Environmental Data Resources, Inc., the nation’s leading provider of environmental risk information and services, today announced the appointment of Jon Walker as vice president of the company’s Commercial Real Estate Services division. Based at EDR’s headquarters in Milford, Connecticut, Walker will oversee the continued expansion of the division, which serves environmental consultants, lenders, corporations, government agencies, attorneys and insurers.

EDR Launches Beta Version of Commercial Property Wiki

May 26, 2009 — Environmental Data Resources, Inc. (EDR) has launched Briki.com, the first commercial property wiki. The site allows anyone to access, contribute or modify information about any commercial property in the world. Visit www.briki/briki/locations.php for more information.

EDR Introduces Environmental Property Monitoring Tool

May 19, 2009 – Environmental Data Resources, Inc. (EDR), the nation's leading provider of environmental risk information and services, announced today the availability of its new property monitoring system, EDR PropertyTracker™. This service enables corporate environmental risk managers to monitor the environmental status of any property and its surrounding area.

City of Houston Deploys New Brownfield Inventory System

The Value of Property Condition Assessments in Commercial Real Estate Lending

April 15, 2009 — A property condition assessment (PCA) can be used in pre-purchase due diligence and for the life of the loan as a reference point and asset management tool. EDR's Derek Ezovski analyzes the value of the PCA in the April 2009 issue of The RMA Journal.

Vapor Intrusion Essentials in the Era of E 2600

April 1, 2009 — More than a year after the introduction of ASTM's VI standard, myths and confusion persist regarding this damaging property condition. From the March/April 2009 issue of Commercial Mortgage Insight.

EDR and Exact Bid Increase Acess to Environmental Risk Data via Partnership

March 24, 2009 — Environmental Data Resources, Inc.  (EDR), and ExactBid, Inc., announced  an agreement today that enables EDR's environmental risk data and solutions to be provided through ExactBid's Real-estate Information Management System (RIMS). RIMS enables lending institutions and others to manage real estate appraisals, environmental studies and construction inspections.

Read the full press release now

TARP Money is Like a Loan from Family

March 19, 2009 — Most of the lenders in the country did not have issues with subprime mortgages and did not need the monies from TARP but were forced to take it. It is also very difficult to pay it back. As a result, they are being monitored as closely as ever and criticized on how they spend their money.