CBRE’s team of engineers, architects, environmental scientists and construction professionals provide expert assessments of property and environmental conditions to protect and enhance client assets.
The Property Condition and Environmental Consulting platform has completed more than 100,000 projects in the U.S., Canada and Latin America. Services include Property Condition Assessments, Seismic Risk Analysis, Zoning Compliance, Phase I and Phase II Environmental Site Assessments and Regulatory Consulting. CBRE professionals service the requirements of institutional mortgagees such as ASTM, as well as other specific formats under Fannie Mae and Freddie Mac and their “Green” Initiatives.
- Property Condition Assessments (PCA)
A Property Condition Assessment identifies and documents the general physical condition and quality of improvements on a given property. CBRE’s experts detect and present any deficiencies that could have an adverse effect on the property’s cash flow, function or marketability.
- Seismic Risk Analysis
CBRE understands the importance of determining seismic risk to help clients make informed decisions regarding purchase, financing and insurance requirements.
- Zoning Compliance
Zoning Compliance reports determine whether a property complies with relative municipal ordinances. The purpose is to identify nonconforming features and other deficiencies before they become issues, and provide clients with the tools to make informed decisions before they take title.
- Fannie Mae & Freddie Mac (Agency)
CBRE utilizes a senior-level, dedicated Agency technical management team for all Fannie Mae and Freddie Mac assignments. This includes market-force, affordable, senior, student, mixed-use, tax credit, manufactured housing, Green reports, construction reports, and all other GSE executed platforms.
- Fannie/Freddie Conventional PCA and ESA Reports
Conventional Agency PCA and ESA reports are used by institutional lenders to identify and document a property’s general physical condition as well as any environmental concerns.
- Small Balance Loan (SBL) Reports
An integral group of the Agency management team is a dedicated Small Balance Loan (SBL) team that manages and executes a high volume of these assignments in all regions of the U.S.
- Green Reports
Green Reports, also known as Water and Energy Audits, are comprised of an audit and analysis of existing energy and water systems in an effort to identify opportunities to reduce consumption through capital investment.
- Environmental Consulting
Environmental Site Assessments identify recognized environmental conditions that could affect property value, mitigate owner or lender liability and minimize construction delays caused by unforeseen conditions. These assessments help establish that “all appropriate inquiries” have been performed prior to purchase, to establish a viable defense as an innocent landowner under the Comprehensive Environmental Response, Compensation,
and Liability Act (CERCLA). Environmental scopes can be enhanced to identify and consult on asbestos, lead-based paint, indoor air quality and mold when the situation arises.
- Phase I Site Assessments (Phase I ESA)
The Phase I ESA process includes site reconnaissance, regulatory database research, interviews and a final report completed in accordance with the ASTM standard. Environmental site assessors look at the onsite operations of the property, whether office, residential, retail or industrial.
- Phase II Site Assessments (Phase II ESA)
A Phase II ESA is normally undertaken to investigate environmental uncertainties or risks identified in a Phase I ESA. In the subsurface investigation, ESA professionals collect and analyze samples of soil, soil vapor, and/or groundwater to determine if impacts exist.
- Regulatory Consulting
Real estate development or redevelopment work often requires numerous types of federal, state and local permits or levels of review in order to proceed. CBRE has the in-house expertise to determine what levels of review are required, and assists in obtaining all of the relevant approvals in a timely and efficient manner. They include:
- NEPA & SEQRA Consultation
- State & Federal Historic Preservation Tax Credits
- Archaeology Surveys
- Native American Tribal Coordination
- Section 106 (historic) Consultation
- Wetland / Floodplain Identification and Permitting
- Visual Impact Assessments
- Endangered Species Surveys and Consultation