http://www.ebiconsulting.com/services/due-diligence/hud-services.html |Experience is important when hiring a consulting company for HUD services and multifamily due diligence before making a commercial property investment. EBI Consulting has more than 20 years of experience in performing the services required by multiple HUD agencies.

1. HUD Services and Multifamily Due Diligence
Experience is one of the most important features to look for in a company that you hire to
perform commercial real estate due diligence. EBI Consulting has more than 20 years of
providing potential property buyers with the information they need to make good financial
investments depending on the risk and value associated with a commercial property. Their team
consists of a variety of experts in engineering, science architecture, and expert consulting, which
allows them to provide you with the most accurate and thorough assessment, by implementing a
strategic process that covers every area of concern.
For clients who require HUD services and multifamily due diligence, EBI Consulting has
developed a strong HUD program that incorporates the expertise of their team members. Each
team member has successfully completed more than 1,000 HUD MAP/LEAN projects since
2008, and each member remains current by participating in nationwide HUD MAP third-party
training to maintain the experience that is required to meet HUD expectations.
This depth of experience in multifamily due diligence is necessary for any consulting company
to gain the special requirements set forth by the HUD agency. In addition, transactions between
clients and Freddie Mac and Fannie Mae have additional environmental and engineering
concerns that must be addressed. The previous experience EBI Consulting has working with
Fannie Mae has given them an even greater understanding of the environmental liabilities
associated with commercial property.
A number of services may be provided to meet the requirements of HUD and other agencies,
including:
PCNA
A Phase 1 Environmental Site Assessment (ESA)
4128 NEPA Study
Noise Assessment
Asbestos Surveys
Lead-Based Paint Inspections & Risk Assessments
Phase II Subsurface Investigations
Tier I Vapor Encroachment Screenings
Permits/Approvals Research Reports
There are a number of areas that must be assessed in order to determine if there are unseen
environmental risks associated with a property. These are not based entirely on the
contamination that might come from chemicals or other products that were used in businesses on
the site before, but also include materials and procedures used in constructing the business, and
any relationship to excessive noise.
Phase contracting is an effective way to learn whether there are toxic materials in the property
that could not only be a risk to the environment, but in future inhabitants as well. Asbestos, lead-
based paint, and subsurface structures are areas that have specific guidelines that must be used to
evaluate their risk. By completing a Phase 1 assessment, the company provides the client with
information that will help them understand the environmental risk of the property in question, so
that they can make the best decision about their financial investments. The process must be

2. performed according to ASTM guidelines, in addition to any protocols required by the party. The
phase 1 assessment consists of four parts:
1. Record Review – EBI Consulting will evaluate a wide variety of records from standard
sources to determine if there are any indications that there should be risk associated with the
property.
2. Site Reconnaissance – A physical and visual evaluation of the site and properties which it
adjoins.
3. Interviews – In-depth interviews are given to major occupants and any local agencies that
may be familiar with the site.
4. Report – The final determination of the agency conducting the assessment, giving an opinion
of the risk associated with the property.
There are numerous environmental and engineering concerns that can impact the risk and the
value of commercial property. Inaccurate assessments could result in your purchasing a property
with a higher-than-expected risk, with a lower financial value than you paid.