Environmental Due Diligence
At Envirologic, we are committed to helping our clients bring their due diligence projects to completion. Understanding the past use history and existing environmental conditions of a property is critical for prospective buyers as they consider purchasing a property and for existing owners as they manage their assets.
Whether you are a buyer, owner, or lender, we identify the environmental risks, challenges, and costs to help you properly value and safely use your property. Using our brownfield redevelopment expertise, we connect clients to resources to overcome any barriers to those objectives.
With more than 30 years of experience in Michigan and the Great Lakes region, Envirologic’s knowledgeable Environmental Due Diligence Services Group has provided extensive risk management consulting to support commercial and industrial property transfers and redevelopment projects.
For a more complete introduction to Envirologic, our due diligence services, and how we can support your project, please review our Statement of Qualifications (PDF).
Envirologic draws from a wide range of capabilities to provide the exact due diligence services needed for your unique project. Our multitude of services include:
- Environmental due diligence for Small Business Administration (SBA) loans
- Environmental due diligence to support Michigan State Housing Development Authority (MSHDA) financing; Envirologic is a MSHDA Qualified Consultant
- Corporate acquisition and divestiture strategies
Phase I Environmental Site Assessment
In most cases, a Phase I Environmental Site Assessment (ESA) is the first step in the due diligence process. The industry standard for performing Phase I ESAs is based on the(ASTM) Standard E 1527, which is primarily focused on issues that could result in contamination of the site. There are several environmental concerns, however, that are not assessed as part of the typical Phase I ESA that could be of great significance to the value and use of a specific site. These non-scope considerations may be conducted concurrently to the Phase I ESA.
At Envirologic, we discuss potential property concerns with you before the assessment is complete, saving our clients both time and money. Other concerns, such as asbestos-containing materials, wetlands, endangered species, regulatory compliance, and demolition may have costs and effects on project timelines that outweigh the traditional environmental due diligence effort.