Records Search Risk Assessment (RSRA)
Blew & Associates offers RSRA services on commercial properties requiring SBA / lender-required environmental transaction due diligence. This a low-cost alternative to the traditional Phase I Environmental Site Assessment, which is performed in the field to ASTM standards with a more detailed set of mandatory requirements on the deliverable to the client. The turnaround time for an RSRA is quicker than Phase I because it does not involve any fieldwork and can be completed fully remotely without our environmental engineers ever going to the site. Our in-house professionals at Blew & Associates perform a comprehensive collection of data from public records, a compilation of historical information, regulatory databases, existing maps, aerial documentation, and photographs currently residing in the public domain.
The report is useful in fast-moving commercial real estate portfolio transactions or on smaller-sized properties that do not impose large risks.