Real estate transactions require timely and accurate information on environmental, health, and safety problems. Enviro-Sciences can provide a thorough review of existing and past practices at a facility and can assess the potential for environmental, and health, and safety problems.

ESI’s personnel have inspected businesses and properties worldwide, and are able to provide necessary information within the most demanding transaction schedules. ESI has conducted thousands of due diligence site investigations that have included numerous services.

Call on ESI for These Types of Assessments

Phase I Environmental Site Assessments

Phase I Environmental Site Assessments (ESA) Phase I Environmental Site Assessments (Phase I ESA’s) are conducted in accordance with ASTM 1527. ESI’s Phase I ESA’s are performed by Environmental Professionals who meet the requirements contained in EPA’s AAI Standard. The Phase I ESA is a key component of the due diligence process for lending and property acquisition.

A Phase I ESA includes a site visit and a historical and regulatory review that is designed to identify environmental issues such as current and historic environmental conditions that may affect property values, pose a financial liability to the purchaser or lender, or affect the ability of a borrower to repay a loan obligation. Clients may also obtain a Phase I ESA in order to satisfy requirements of the “innocent landowner defense” or other available defenses to environmental liability under CERCLA. ESI tailors the Phase I ESA scope to the client’s needs, as well as the individual lending requirements of the financial institution or governmental agency (SBA, HUD, Fannie Mae, or Freddie MAC).

The scope of a Phase I ESA includes the following:
• Subject Property Reconnaissance by an Experienced Environmental Professional
• Professional Adjacent/ surrounding reconnaissance
• A review of historical documentation (i.e. fire insurance maps, city directories, topographical maps, and aerial photographs)
• A review of hazardous material and petroleum product storage, spill and disposal records
• Review of local, regional, and state agency files
Interviews with the property owner, tenants, and property managers
• A Report preparation of a report documenting the findings, conclusions, and recommendations
• Radon, Asbestos, lead, and mold evaluation (on request)

Additions to the Phase I ESA reports can include:
• Wetlands review
• Flood Zone determination
• Environmental lien search and Chain of Title review

Environmental Transaction Screen

An Environmental Transaction Screens (ETS) is a cost-effective alternative approach to a Phase I Environmental Site Assessment. Conducted in accordance with ASTM 1528 the ETS consists of a limited scope of work and is designed to assess the environmental condition of commercial real estate.

An ETS is recommended for low-risk property types or properties with extensive historical information available. The report issued will document potential environmental conditions on the property or on the adjacent properties. The ETS includes: Site inspection Owner/occupant interview and questionnaire Limited historical search Regulatory database review Preparation of a report documenting the findings, conclusions, and recommendations

Records Search with Risk Assessment (RSRA)

SBA accepts Records Search with Risk Assessment (RSRA) in lieu of a Phase I Environmental Site Assessment (ESAs) for low-risk properties. The RSRA product is an inexpensive due diligence product that allows the lender to evaluate the environmental risk quickly. RSRA is a limited environmental due diligence tool intended to inexpensively evaluate the likelihood of contamination on the “high risk”, ”moderate risk” or “low risk” for contamination. If the property is not determined “low risk”, an additional environmental investigation may be required.

All work is performed in accordance with Small Business Administration (SBA) SOP 50 10 5E.

The RSRA includes a Database search of federal, state, and local regulatory agencies Limited historical record review of the subject property and adjacent sites.

Desktop review of the above information by an Environmental Professional. This report meets the RSRA scope of the SBA. If concerns (high or moderate) are identified as a result of the RSRA ESI could roll those costs incurred into supplemental investigations, such as:
• Phase I Environmental Site Assessment
• Phase II Environmental Testing

Property Condition Assessments (PCAs)

Property Condition Assessments (PCAs) on performed in accordance with ASTM E 2018-15 and are designed to allow buyers, sellers, and lenders to evaluate the physical building, mechanical, electrical, and plumbing (MEP) condition of the property. Our PCA’s are tailored to our client’s needs. With 40 years of experience, a robust staff of technical experts, and the latest in data gathering and reporting technology, Enviro-Sciences is well respected and counted upon by our clients for quality and timeliness.

Our Engineering team has years of practical experience derived from engineering design and field oversight. Our PCA services provide a detailed, defensible opinion of the asset with both short and long-term considerations while helping you form a disposition strategy. Our multidisciplinary teams are well suited to uncover deferred maintenance issues and defects that cannot always be identified by a general assessment or brief walk‐through.

Since its founding in 1975 ESI has performed assessments on various commercial property types for both private and public clients globally. ESI works closely with our clients to understand their particular deal requirements. ESI works closely with our clients to ensure the most reliable and thorough reporting. With over 40 years of industry experience, we understand our client’s needs and requirements of each lending institution. We pride ourselves on our willingness to work with our clients to deliver a service that meets both lender and client-specific scopes of work and report formatting.

Due Diligence Services Include:

• Site inspections to determine hazards or environmental damage.
• Inventory of hazardous substances and wastes.
• Review of regulatory agency files for the previous non-compliance.
• Verification of the integrity of all underground storage tanks.
• Collection and interpretation of surface water, sediment, groundwater, and soil data.
• Preparation of operating history and site maps.
• Evaluation of compliance with federal, state, and local regulations.
• Interpretation of aerial photography.
• Documentation of storage vessels, landfills, and surface impoundments.
• Documentation of known spills or waste discharges.
• Development of remediation cost estimates.
• Preparation of Phase I Environmental Site Assessment Reports in accordance with ASTM Standards, country and lending institution requirements.