Environmental Assessments for Real Estate
Apex understands that providing fast, thorough, cost-effective answers to your environmental questions is critical to successfully closing real estate transactions. The Phase I Environmental Site Assessment (ESA), Transaction Screen Questionnaire (TSQ), and Phase I ESA Update (ESA Update) provide options and aids clients, real estate brokers, and lending institutions in reducing their liability while completing due diligence requirements under CERCLA’s innocent purchaser defense.
Phase I Environmental Assessment
Apex performs Phase I Environmental Site Assessments (ESAs) per ASTM E-1527-05 for a variety of clients on a variety of properties. Our clients range from large lending institutions to private real estate developers and mining properties. Apex’s staff is extensively trained and experienced in conducting ESAs on undeveloped, agricultural, single and multi-family residential, commercial, and multi-building industrial properties.
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Phase II Environmental Assessments
Should a Phase I site assessment define a possible problem, additional soil or groundwater sampling can be completed under a Phase II Site Assessment. Using state-of-the-art drilling and sampling methods, Apex can define the nature of the geometry and concentrations of the contaminant of concerns. A results report includes a clear interpretation of the data collected and recommendation about options and liability.
Radon Investigation and Remediation
Apex can evaluate the presence or absence of radon in residential or commercial buildings. Remedial methods can be recommended and installed with little disruption.
Mold Investigation and Remediation
Apex can perform airborne spore counts and surface evaluations to determine the presence and types of mold present in commercial and residential settings. After a mold problem is detected, locations of colonies are identified and eliminated. A detailed results report will include remedial and mitigation measures.
Real Estate Transaction Screen Assessment
A Transaction Screen Assessment (TSA) is performed according to guidelines in ASTM E1528-06 and is an economical method of identifying environmental concerns and problems related to a property. A TSA will evaluate whether or not a property is free of hazardous material and petroleum contamination.
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