Real Estate Due Diligence
From initial real estate due diligence prior to acquisition, to services that help prioritize capital expenditures and minimize operating costs, Nova is a trusted partner throughout the total ownership cycle. An environmental assessment is conducted to identify potential environmental conditions related to on-site and off-site activities. A phased approach allows the client to maximize the information obtained while minimizing costs. Property condition Assessments are often completed to evaluate the remaining useful life of building systems. By doing so, Nova can assist our clients with preserving capital expenditures, while at the same time extending the useful life of critical building components and systems.
Nova field professionals and team leaders have solid experience conducting and managing Environmental Site Assessments for private clients, banks and government agencies all over the country. Our employees are trained to conduct or review Phase I investigations in accordance with ASTM E1527-13, EPA’s All Appropriate Inquiry (AAI), Freddie Mac, Fannie Mae DUS and HUD Guidelines or specific lender requirements. Projects range from vacant land to industrial manufacturing, Brownfields sites, petroleum facilities, oil/gas properties and telecommunications sites. Nova staff have a strong understanding of facility operating systems, state and federal regulations and fate and transport of chemicals through air, soil, surface water and groundwater. Additionally, we have staff trained in specific areas of expertise that are available to consult as needed.