Environmental Assessments FAQs
Who do you work with?
Environmental Assessments partners with commercial real estate buyers, lenders, developers, engineers, attorneys, municipalities, investors, and property owners throughout Kentucky and the surrounding region. Whether you're purchasing a property, securing financing, or planning redevelopment, we provide environmental due diligence services that support informed decisions and keep projects moving.
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How do I know if I need a Phase I Environmental Site Assessment?
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If you're purchasing, refinancing, or redeveloping commercial property, a Phase I Environmental Site Assessment (ESA) is often the appropriate starting point. Many lenders require one as part of the due diligence process. If you're unsure which service your project requires, contact us. We'll review your property and recommend the most appropriate solution before work begins.
What's the difference between a Phase I ESA and a Risk Screening Assessment (RSRA)?
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A Phase I Environmental Site Assessment provides a comprehensive evaluation of potential environmental concerns and is commonly required by lenders during commercial real estate transactions. A Risk Screening Assessment (RSRA) is a more streamlined review that may be appropriate for lower-risk projects or situations where a full Phase I ESA isn't necessary. We'll help determine which approach best fits your project.
How quickly can you complete a Phase I ESA?
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Although most turnarounds can be delivered in 1-3 weeks, project timelines vary depending on the property's size, history, and complexity. We understand that real estate transactions can change quickly. Whenever possible, we work with clients to accommodate accelerated schedules and communicate realistic expectations from the start.
A Recognized Environmental Condition (REC) is the presence or likely presence of hazardous substances or petroleum products on a property due to a release, a likely release, or a material threat of a release. Identifying a REC during a Phase I Environmental Site Assessment doesn't necessarily mean a property is contaminated or that a transaction can't move forward. If a REC is identified, we'll explain what it means, discuss whether additional investigation may be appropriate, and help you understand the next steps.
What is a Recognized Environmental Condition (REC)?
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Can GIS services be combined with environmental due diligence?
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Absolutely. Our GIS and geospatial services complement environmental due diligence by organizing, analyzing, and visualizing property data. GIS can support site planning, mapping, environmental investigations, and reporting, providing clients with clearer project insights and more informed decision-making.