Due Diligence Services
Since 1996, NOVA has been the industry leader in comprehensive technical due diligence and property condition assessment services
Get Started Today
Comprehensive Technical Due Diligence Services
Excellence, Collaboration, Integrity, Responsiveness, and Safety
When making critical real estate and infrastructure investments, accurate technical due diligence and property condition assessments provide the confidence needed for informed decision-making. NOVA delivers comprehensive environmental due diligence, geotechnical investigation, and building condition assessment services that identify potential risks, quantify capital needs, and support successful transactions. Our technical due diligence approach provides a comprehensive picture of property conditions.
Since 1996, NOVA has served as the most trusted provider of due diligence services for commercial real estate investors, lenders, developers, and asset managers.
Why Industry Leaders Choose
NOVA for Technical Due Diligence
-
Property Condition Assessments - ASTM E2018 evaluations identifying deficiencies, capital needs, and repair requirements for decisions
-
Environmental Due Diligence - Phase I and II assessments detecting contamination risks, compliance issues, and environmental liabilities
-
Geotechnical Investigation - Subsurface exploration and soil analysis evaluating foundation conditions, stability, and feasibility
-
Building Systems Evaluation - Structural, mechanical, electrical, plumbing, roofing, and envelope assessment, determining life and costs
-
Capital Needs Assessment - Immediate and deferred maintenance evaluation with cost estimates supporting budgeting and asset management
-
Compliance Review - Building code compliance, accessibility requirements, and regulatory standards analysis identifying violations
Due Diligence Solutions
for Every Transaction Phase
Professional, Practical, and Proven Solutions
Property Condition Assessments
Property Condition Assessment Components:
- Site improvements and civil infrastructure evaluation
- Structural systems and foundation assessment
- Building envelope and waterproofing analysis
- Roofing systems condition evaluation
- Mechanical, electrical, and plumbing systems review
- Interior finishes and life safety systems inspection
- ADA compliance and code review
- Immediate repair needs identification
- Capital expenditure forecasting (12-year planning horizon)
- Environmental concerns screening
- Property management interviews and document review
Environmental & Geotechnical
Our environmental due diligence and geotechnical investigation services identify subsurface conditions and potential contamination that could impact property value, development feasibility, or future liability. NOVA's technical due diligence approach integrates Phase I environmental site assessments, Phase II investigations, and geotechnical analysis to provide comprehensive risk evaluation.
Key services:
- Phase I environmental site assessments (ASTM E1527)
- Phase II environmental investigations and soil sampling
- Vapor intrusion screening and assessment
- Underground storage tank evaluations
- Asbestos and lead-based paint surveys
- Geotechnical site investigation and boring programs
- Soil analysis and foundation recommendations
- Groundwater evaluation and monitoring
- Environmental compliance documentation
- Site characterization for development
- Risk assessment and mitigation planning
Inspections & Testing
NOVA's capital needs assessment and compliance review services support long-term asset management by identifying required improvements, estimating costs, and prioritizing investments. Our systematic evaluation approach enables property owners, investors, and lenders to develop realistic budgets, plan effective maintenance schedules, and allocate capital efficiently across their portfolios. We assess immediate repair needs, deferred maintenance, and anticipated capital expenditures over a 12-year planning horizon.
Key services:
- 12-year capital expenditure forecasting
- Immediate repair needs identification and costing
- Deferred maintenance quantification
- Replacement reserve studies
- Life-cycle cost analysis
- Building code compliance assessment
- ADA accessibility evaluation
- Zoning and land use compliance review
- Energy efficiency recommendations
- Portfolio-wide capital planning support
- Transaction support and due diligence coordination
Building Sustainable Projects Nationwide
Professional. Practical. Proven.
From foundations to rooftops, NOVA Engineering provides comprehensive solutions for the nation's most ambitious infrastructure projects. See how NOVA's due diligence services support successful real estate investments and development projects across the nation.
Why Industry Leaders
Choose NOVA
Technical Due Diligence Excellence Since 1996
For nearly three decades, NOVA has delivered the most responsive and reliable property condition assessment and technical due diligence services in the industry. Our comprehensive approach integrates environmental site assessment, geotechnical investigation, and building systems evaluation to provide accurate data that supports confident decision-making. We understand that successful real estate transactions require thorough risk identification, realistic capital planning, and responsive service that meets aggressive transaction timelines.
Technical Due Diligence FAQs
What is a property condition assessment (PCA)?
A property condition assessment is a comprehensive evaluation of a building's physical condition, systems, and site improvements conducted in accordance with ASTM E2018 standards. A PCA identifies physical deficiencies, assesses the remaining useful life of building components, quantifies immediate repair needs, and forecasts capital expenditures over a 12-year planning horizon to support real estate investment decisions, financing, and asset management.
What does a property condition assessment report include?
A property condition report includes site and building evaluations, structural and envelope assessments, roofing system condition analysis, review of mechanical/electrical/plumbing systems, ADA compliance screening, identification of immediate repair needs, quantification of deferred maintenance, and 12-year capital expenditure forecasting. The report provides detailed cost estimates, photographs, and prioritized recommendations that support investment decisions and capital planning.
What is technical due diligence in real estate?
Technical due diligence in real estate involves a comprehensive evaluation of a property's physical, environmental, and regulatory conditions to identify potential risks and liabilities before acquisition or financing. Technical due diligence typically encompasses property condition assessments, environmental site assessments, geotechnical investigations, and code compliance reviews, providing accurate data for informed investment analysis, risk mitigation, and transaction support.
What is the difference between Phase I and Phase II environmental site assessments?
A Phase I environmental site assessment is a non-invasive evaluation that identifies potential contamination through site reconnaissance, historical research, and review of regulatory databases to detect recognized environmental conditions (RECs). If a Phase I identifies concerns, a Phase II environmental investigation includes soil and groundwater sampling, laboratory analysis, and contaminant quantification to assess the extent of contamination, remediation requirements, and associated costs.
How long does a property condition assessment take?
A property condition assessment timeline typically ranges from 2 to 4 weeks, depending on the property's size, complexity, and the availability of documents. Site inspections are usually completed within 1-2 days, followed by analysis, cost estimation, and report preparation. NOVA's responsive approach accommodates aggressive transaction schedules while maintaining the thorough evaluation and accurate data clients require for confident decision-making.
Who pays for environmental and property condition assessments during a real estate transaction?
The buyer or prospective lender typically pays for property condition assessments and environmental site assessments as part of their due diligence process during real estate transactions. These assessments protect the buyer's investment by identifying potential risks, liabilities, and capital needs before closing. The cost of these studies represents a small investment, typically less than 1% of transaction value, which provides significant peace of mind and supports informed decision-making.
