Due Diligence & Regulatory Hot Topic: Vapor Intrusion 2024

  • OnDemand seminar
  • Real Estate Law
Due Diligence & Regulatory Hot Topic: Vapor Intrusion 2024

This program is an excerpt from the 20th Annual Commercial Real Estate Update

You can feel it in the air

In March 2023, more than 150 residents were displaced from an affordable housing complex in Milwaukee after the Wisconsin Department of Natural Resources (DNR) found unacceptably high levels of trichloroethylene (TCE) in the building.1 Just a few months later, public health officials issued an emergency order for an apartment complex in Glendale after discovering TCE levels 10 times higher than what is considered acceptable.2 Vapor intrusion incidents like these can expose building occupants to health problems and present significant challenges to owners and developers of commercial real estate.

At Due Diligence & Regulatory Hot Topic: Vapor Intrusion, presenters with extensive experience in environmental engineering projects will explain what vapor intrusion is and how it occurs. You’ll learn:

  • What vapor contamination looks like and where contaminated sites are found
  • How to assess and define short- and long-term risks
  • Conditions where vapor investigation is warranted
  • When and how to involve the DNR
  • Steps in assessing and remediating vapor intrusion
  • How to prioritize expenses when considering a contaminated site purchase
  • Site planning solutions that can reduce cost and risk

Product details

Faculty

  • Understand the risks of vapor intrusion in commercial real estate purchasing and development
  • Understand the Wisconsin Department of Natural Resources’ role in investigating and remediating contamination sites
  • Identify steps involved in assessing, investigating, and remediating vapor intrusion
  • Learn how to incorporate due diligence expenses into a project budget
  • Hear best practices for building on sites with potential vapor contamination
  • Commercial real estate lawyers
  • Residential real estate lawyers
  • Environmental lawyers

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