Commercial property transactions can come with much risk, and it is the buyer that assumes that risk when completing the sale. No one wants to be surprised post-transaction, and that is why appropriate due diligence is crucial for making informed decisions. Through third-party site inspections, interviews, records review, and objective reports, Phase I Environmental Site Assessments (Phase I ESAs) and Property Condition Assessments (PCAs) can help identify past, existing, and potential conditions that highlight risks for buyers throughout the process.
Join us with Derek Schilling, Darren Sprute, and Chuck Brenner from Braun Intertec as they discuss how due diligence assessments can protect you throughout the real estate transaction process. They will also cover how taking these actions can maintain your property value, lower your liability and prevent delays to potential development projects.
Learn more about:
Scope, timing, ASTM standards, and limitations of Phase 1 ESAs and PCAs
When moving to Phase II ESAs or other inspections is advised
Contents of both ESA and PCA reports, including Recognized Environmental Conditions (REC), and discussion of Immediate Physical Needs and Repair Reserves
Charles Brenner is the Principal Materials Engineer for Braun Intertec. He has extensive training and experience with construction issues related to building envelopes, Property Condition Assessments (PCAs) and investigating failures and preparing recommendations for historic building restorations. Chuck holds a Bachelor of Science in Civil Engineering from the University of Wisconsin-Platteville.
Darren Sprute is a Senior Architect in the Building and Structure Sciences Group at Braun Intertec. Darren is a licensed Architect with over 30 years experience in the Design and Construction Industry on a wide variety of small and large scale projects. He has 10 years of experience with Building Envelope Consulting including design, detailing, investigations, surveys, construction observation and contract administration.
Derek is an Account Leader and Senior Scientist in Braun Intertec’s environmental consulting group and is a geologist with more than 20 years of environmental consulting experience. His roles include business development, strategic client growth and management, and technical project management, review and support.
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