Real Estate Transactions

KU Resources has supported numerous buyers and sellers in meeting their due diligence requirements associated with industrial and commercial real estate transactions. We fully understand the ASTM standards and routinely incorporate client-specific enhancements in our review.

Experience

KU Resources has significant knowledge and experience in real estate transaction activities. Our seasoned team of professionals has performed numerous Phase I Environmental Site Assessments (ESAs), Phase II ESAs, asbestos and lead surveys, compliance evaluations, and geotechnical and structural assessments.

We have executed several Phase I ESAs, which identifies the environmental concerns of a site. Phase I ESAs may include a physical survey; interviews with present owners; a review of past land uses; review of environmental records from database sources, including agency records; and preparation of an assessment report. KU Resources evaluates the gathered information to determine the potential liability of the property and recommends further investigation, if necessary. Importantly, we understand and are ready to implement the U.S. EPA rules regarding All Appropriate Inquiry. These rules undoubtedly will impact the way Phase I ESAs are performed in the future.

KU Resources has conducted numerous Phase II ESAs, which evaluates the scope of the contamination by drilling, collecting, and analyzing environmental samples of the site. Armed with this information, we prepare a report to reaffirm any environmental concerns discovered during the Phase I ESAs. We also develop remedial solutions for our clients that reduce or eliminate any potential liabilities, if necessary. A Phase II report often outlines the contract for a property transaction.

KU Resources' asbestos and lead surveys identify, locate, quantify, and assess asbestos- and lead-containing materials. We develop a response plan for the removal of the asbestos- and lead-containing materials, as necessary. In addition, we provide our clients with the survey results so they can make an informed decision about the transaction.

Our professionals can evaluate the structural and geotechnical elements of a property. Typically, these evaluations will determine any existing deterioration or present structural failures, foundation stability, or rock slope stability. This allows our clients to make confident decisions based on all the geotechnical and structural elements of the property.

Real Estate Services

• Phase I and Phase II Environmental Site Assessments (ESA)
  
• Asbestos and Lead Surveys
  
• Compliance Evaluations
  
• Geotechnical and Structural Evaluations