When clients need experience and expertise and need it quick, NexusCRE can provide the full scope of environmental consulting services to developers, investors and lenders nationwide. The professional and knowledgeable team at NexusCRE is ready to assist on any environmental project.
NexusCRE has the regulatory knowledge, technical skills, and project management expertise necessary to identify and minimize environmental risks during real estate transactions and property ownership or operations. We can help our clients reach effective solutions in the most economical manner on any environmental issues they may encounter.
During the Property Condition Assessment process, an assessor evaluates a site to fully understand the condition of the building. A Property Condition Report is created, discussing each building system and its condition. Then, our team can deliver Recommendations and Discussions and a Physical Needs Reserve Table, which can help clients better understand the current condition of a building and the impact it has on an asset’s financial performance.
CMBS Lenders, insurance lenders, and portfolio lenders routinely order Property Condition Assessments (PCA) or Commercial Building Inspections. NexusCRE PCAs meet the requirements of rating agencies such as Standard and Poor’s, while also complying with the scope of work defined by ASTM E2018 Standard Guide for Property Condition Assessments: Baseline Property Condition Assessment Process.
A Phase I Environmental Site Assessment (ESA) is the best tool for evaluating possible environmental liability associated with real estate assets. The professional team at NexusCRE are experts at implementing the ASTM E1527-13 Standard for Phase I Environmental Site Assessments. Our Phase I ESAs are completed by a team of environmental professionals who meet the requirements of the EPA’s AAI Standard to provide clients with an expert view of any and every property type.
The Phase I ESA is our cornerstone product and is central to NexusCRE’s environmental due diligence practice. With NexusCRE, clients can feel certain they have a knowledgeable team who understand the importance of environmental liability for any property type.
When a Phase I Environmental Site Assessment (ESA) identifies a recognized environmental condition or the potential for soil or groundwater contamination or a vapor encroachment issue, most clients request to evaluate the potential contamination by performing a Phase II ESA. NexusCRE can test soil, soil gas, and groundwater to assess whether potential contamination exists.
The goal of a Phase II ESA is to assess the presence or absence of contamination from petroleum products or hazardous substances in the subsurface of a site. NexusCREs team possesses expertise in Phase II ESA project design and implementation. Our Phase II ESA projects are done in general accordance with ASTM E1903-11 Standard Guide for Environmental Site Assessments: Phase II Environmental Site Assessment Process standard are tailored to meet a client’s, and property’s, specific needs.
Obtaining an environmental permit is often a critical element for the success of a project. Our team combines in-depth local resource knowledge with positive agency relationships along with a thorough understanding of the intricacies of ordinances at all levels of government to facilitate timely permit approvals and clearances as well as eliminate surprises and delays. NexusCRE can objectively evaluate project options and identify short- and long-term strategies to meet clients individual goals.
NexusCRE can provide National Environmental Policy Act (NEPA) checklists, reviews, assessments and compliance services for HUD lenders, the telecommunications industry and other federally funded or permitted projects.
The NEPA compliance process is designed to evaluate potential effects on natural and cultural resources of a proposed federal government “action,” as well as possible alternatives to that action.
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