Compliance

Conducting a Phase 1 ESA before development safeguards your project by identifying hidden contamination risks, reducing liability, and ensuring regulatory compliance. From due diligence to financing, this proactive step helps developers build with confidence and avoid costly surprises.

Understanding the timeline and costs of Phase 1 ESA is essential for lenders financing commercial real estate. This guide explains the average 2–4 week process, the factors that drive cost, and how early planning helps avoid delays, reduce risks, and safeguard loan security.

Skipping a Property Condition Assessment (PCA) is one of the biggest mistakes lenders can make. Without it, hidden repair costs, safety hazards, and compliance issues can threaten loan security and damage borrower relations. A PCA gives lenders the insight they need to protect collateral value, meet regulatory standards, and strengthen portfolio performance.

A Property Condition Assessment for Investors provides clear insight into a building’s structural integrity, systems, and future repair needs. By following ASTM E2018 standards, it equips investors with reliable cost projections, strengthens negotiations, and ensures long-term asset protection.