TRANSACTIONAL SUPPORT/DUE DILIGENCE

Because every real estate transaction and redevelopment project is unique and property owner liabilities are at stake, it is critical to consult with an environmental professional knowledgeable in all aspects of environmental liabilities related to property transactions.  BCA’s experienced Real Estate Transaction Team has over a century of combined experience and has supported hundreds of buyers and sellers in meeting due diligence requirements with real estate transactions.  We are able to develop an individually tailored, cost-effective plan that balances budget, risk, and schedule.

Phase I ESA
A Phase I ESA identifies the environmental concerns associated with a property.  All BCA Phase I ESAs meet All Appropriate Inquiry requirements, assuring maximum liability protection for the User.

Phase II ESA
A Phase II ESA evaluates the environmental concerns identified in a Phase I by collecting and analyzing samples (e.g. soil, groundwater, air, etc.) from the property.  Analytical results from the sampling is used to develop a report which outlines the findings of the investigation.  This report is often used to define some terms of a property transaction.  BCA develops cost effective Scopes of Work for Phase II ESAs which clearly identify a property’s environmental condition(s).  BCA also develops remedial strategies for our clients that reduce or eliminate environmental liabilities associated with a contaminated property, if necessary.

Asbestos and Lead
Asbestos and Lead surveys identify, locate, and quantify asbestos and lead containing materials on a property.  BCA can assist a client by developing abatement and monitoring plans if asbestos and/or lead is found on the site.