Real Estate Due Diligence Services

Transcription

1 Real Estate Due Diligence Services

2 timely delivery, clear communication Cameron-Cole provides property due diligence and development support services for all sizes of projects from normal, single property transfers with little or no known contamination, through complex, multiproperty exchanges involving known pollutants. Our team is a leader and national provider of quality environmental due diligence services, which may be performed prior to mortgage financing, foreclosure, purchase or redevelopment of real estate. The Cameron-Cole team has conducted nationwide and regional environmental due diligence work for many of the more active parties in this market, and has been involved in many highly visible real estate transactions throughout major metropolitan areas of the U.S. Environmental Site Assessments Property Condition Assessments Environmental Risk Management Site Remediation Asbestos Management and IAQ Brownfields Redevelopment Stormwater Management

3 Environmental Site Assessments Cameron-Cole has successfully completed over 5,000 environmental site assessments (ESAs ) for clients throughout the United States. We customize our approach to address liabilities so that property transfers can proceed smoothly. We offer: Standard ESAs that follow the guidelines set forth in the ASTM Designation: E Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process Expanded ESA services, including asbestos and lead-based paint surveys, and endangered species/habitat review Phase II investigations and site remediation U.S. EPA All Appropriate Inquiry technical guidance

4 Property Condition Assessments Performed in general conformance with the scope and limitations of the ASTM International Standard E , the purpose of the property condition assessment (PCA) is to identify and communicate visible physical deficiencies as observed during our field observer s site visit. In addition to the list below, Cameron-Cole also offers building energy-efficiency assessments (advanced energy modeling) that provide a clear overview of the building s energy and water usage, a comparison of results to those of similar buildings within the region and to industry standards, and an evaluation of current performance that includes an option list of building improvements to achieve the greatest potential in both cost savings and reductions in natural resources. This service aligns with the proposed 2018 changes to the ASTM standards to include energy-efficiency assessments in Property Condition Assessment reports, as an optional item. Our PCAs include: A review of property drawings, literature, and documentation Information on site development, including the presence/absence of wetlands, flood zone information, site accessibility, and regulatory considerations On-site inspection of the property s exterior, grade, slab, pavement, foundation, structure, mechanical, electrical, plumbing, life safety/fire protection systems, and interior finishes Property photographs, and a Property Analysis and Summary that identifies items that warrant attention with an opinion of the probable hard costs to address those items

5 Environmental Risk Management Cameron-Cole provides a comprehensive environmental risk management service that assesses and interprets the environmental risks involved in a property or business transaction. In today s business environment, decisions must be made with the best understanding available. Making decisions driven by fear or an inaccurate perception of the true risk can produce the difference between a very successful result or a missed opportunity. Their expertise includes: Working with environmental regulatory agencies across the U.S. Addressing challenging environmental issues and concerns Knowledge of risk management approaches and tools available in the market to equip you with the best resources in the field and a clear advantage in a transaction Our certified Environmental Risk Managers have completed significant professional training in environmental regulations, technologies, insurance tools and risk identification.

6 Site Remediation Cameron-Cole offers full-service remediation (design, construction oversight, certification) for impacted soil and groundwater associated with historical manufacturing operations, leaking underground storage tanks, and nonpermitted landfills. We also manage and oversee building demolition and restoration. Our services include: Environmental liability cost estimation Remediation system design for impacted soil and groundwater Construction management and certification Building demolition and decommissioning design, management, and health and safety oversight Guaranteed fixed price remediation with insurance

7 Asbestos Management and IAQ We offer asbestos and indoor air quality (IAQ) management services that include comprehensive monitoring and sampling per industry standards for contaminants, such as biological materials (molds and bacteria), metals, nuisance dusts, indoor air pollutants, asbestos, and volatile organics. We develop site-specific programs based on our experience with building systems and construction practices, communication with owners and occupants, and identification of the root causes of a problem for industrial and commercial facilities. In order to ensure that projects are in compliance with the latest federal and state environmental waste regulations, our team conducts workplace audits and detailed exposure assessments with an emphasis on early identification of site-specific conditions through sampling and analysis.

8 Brownfields Redevelopment The U.S. EPA defines brownfields as real property but where the expansion, redevelopment, or reuse of may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant. Cleaning up and reinvesting in these properties helps protect the environment, reduce blight, and reduce development pressures off green spaces and working lands. Cameron-Cole has performed brownfields redevelopment services for a variety of industrial properties, including rail yards, commercial properties, manufacturing facilities, and retail. Our services include: Site characterization Cleanup Cost estimating Design and execution of site cleanup Environmental and health risk assessments Technical document preparation and coordination and communication with regulatory agencies

9 Cameron-Cole has significant experience in the development and implementation of Stormwater Pollution Prevention Plans (SWPPPs) and Best Management Practices (BMPs). Through this experience we have developed an easy-to-use checklist in creating SWPPPs under federal and state requirements. Cameron-Cole will recommend BMPs that can either eliminate or reduce treatment requirements. This can be accomplished by minimizing stormwater volume and protecting stormwater from contamination. Our experience includes generic and sitespecific development of BMPs, revisions based on an analysis of efficacy, design of retention basins, stormwater hydrology, and point-ofdischarge permitting. Additional experience includes recommending the implementation of BMPs to minimize stormwater effects on adjacent wetlands. Such BMPs have included erecting entrenched silt fencing, proper sloping techniques, and using sod, seed, or native vegetation for stabilization purposes. Stormwater Management Our services include: Development and implementation of Stormwater Pollution Prevention Plans and Best Management Practices Engineering design, calculations, and grading and drainage plans for industrial and commercial clients Implementation of BMPs to minimize impacts to stormwater Client support under both individual and general stormwater permits for a variety of facilities

10 We help our clients capitalize on current and new market opportunities while addressing corporate and environmental risks. For more information on any of Cameron-Cole s Real Estate Due Diligence Services, please contact: Jerome Edwards, President jedwards@cameron-cole.com P John Bondurant, Executive Vice President jbondurant@cameron-cole.com P Copyright 2018 by Cameron-Cole, LLC and its licensors.