A health care company located in the southwestern U.S. successfully implemented a comprehensive environmental health and safety assessment and remedial program to address 15 Recognized Environmental Conditions and 25 items of noncompliance for 10 health care facilities and related properties. Our firm advised the company on the program, which was conducted on an expedited basis in anticipation of a $80 million sale.
The sale closed successfully without significant independent buyer due diligence and no environmental deal issues.