Environmental Site Assessment
MKA provides Phase I Environmental Site Assessments across North America. An environmental assessment is conducted to identify potential environmental concerns related to on-site and off-site activities. A phased approach allows the ability to maximize the information obtained while minimizing costs. Whether a single site, or portfolio transaction, MKA’s reports are performed to meet the standards of ASTM #1527-13, or a similar report can be tailored to our client’s needs.
Typical Environmental Site Assessment activities include:
- Review of topographic/geologic/hydrogeologic information pertaining to the site and surrounding area
- Review of historical land use activities at the site
- Review of regulatory information
- Site reconnaissance
- Surrounding property observation
Property Condition Assessment
Property Condition Assessments are often required as part of pre-purchase, owner commissioned, or refinance transactions. Whether a single site, or portfolio transaction, MKA’s property condition report offers a narrative on the condition and adequacy of all site and building improvements, and includes forms and information including items of deferred maintenance, estimates of immediate and annual replacement reserves, and comments on the building’s conformance with code, ADA, unfinished work, and FHA compliance. Services include a site visit to evaluate the general condition and maintenance history of the property and to assess the overall design and construction of structures. All available on-site project and construction documentation is reviewed and interviews with property managers, tenants, and local officials are conducted.