Multifamily property, Environmental Site Assessment, Freddie Mac requirements

EBI was contracted by a national Fannie Mae and Freddie Mac corporation to perform a Phase I Environmental Site Assessment (ESA) and a Property Condition Assessment (PCA) for their multifamily properties located in Norwalk, CT.

Facts and figures

  • 93,282 gross sq. ft. property
  • Four 2 and 3-story buildings
  • Constructed in 2019
  • 3.54-acre property

Challenges

The properties were in development and required an updated assessment. Our team of experts reviewed the previous assessments and reports prior to performing a new assessment of the property. These assessments were conducted to be in accordance with Freddie Mac environmental requirements.

Solutions

Our team worked with the client to coordinate the site visits to survey the properties. The areas surveyed were at the discretion of EBI and depended on the observed variability in construction materials, operational activities, property history and condition, and the size of the property. The assessment also included review of reasonably ascertainable and practically reviewable historical, municipal and regulatory information—as defined by ASTM E 1527—and could be obtained within a reasonable timeframe and cost constraints. At EBI’s discretion, interviews with owners, agents, occupants, or other appropriate persons involved with the subject property, and applicable municipal and regulatory personnel were attempted.

Additionally, our team collected radon samplings for the properties and provided results for recommendations. The client also requested operations and maintenance support from our experts.

Outcomes

Our team completed a thorough assessment of the properties, providing Phase I ESAs and PCAs. The findings, conclusions and recommendations included in the report were based on our assessment of the data discovered. Our team continues to work closely with the client to support additional needs.

Services Provided

  • Environmental Site Assessment
  • Property Condition Assessment
  • Operations and maintenance
  • Radon sampling

Additional case studies

Telecom Excellence: Proactive Environmental Risk Management

EBI empowered a National Telecom Company to excel in environmental compliance, minimize liabilities, and operate confidently through integrated solutions for streamlined communication, risk assessment, real-time monitoring, proactive remediation, compliance analysis, staff training, and sustainable growth.
Read More

Tailored Expertise Transforms 25+ Hospitals Nationwide

EBI Consulting supports hospitals, assisted living facilities, biotech and pharmaceutical spaces, and medical offices in meeting their environmental, regulatory, and operational goals while ensuring compliance and reducing risks.
Read More

Engineering scientific breakthroughs: National Institutes of Health campus revamp 

EBI Consulting transformed NIH campuses in Research Triangle Park and Durham, North Carolina, with cutting-edge projects optimizing mechanical systems for scientific advancements.
Read More
EBI_logo_horizontal_KO-1024x138-2023

Corporate Headquarters

21 B Street
Burlington, MA 01803
(781) 273-2500

Copyright © 2023 EnviroBusiness, Inc. All rights reserved. Privacy Policy.