Acquiring a contaminated property without knowing it can cost millions. NVES gives developers, investors, and REITs a centralized system to track Phase 1/2 ESAs, flag contamination risk, and maintain the documentation that protects your investment.
Every acquisition requires environmental site assessments. Tracking ESA status, findings, and follow-up actions across a portfolio of 20+ properties means critical details get lost in email.
Environmental liabilities discovered after closing can exceed the property's value. Without a systematic way to flag and track contamination data, your team is making acquisition decisions with incomplete information.
Lawyers, lenders, and insurers demand a complete environmental paper trail for every transaction. Assembling it from scattered reports and correspondence takes days per deal.
When contamination is found, estimating remediation scope, cost, and timeline determines whether a deal proceeds. Tracking remediation progress against projections requires a system, not a spreadsheet.
Track Phase 1 and Phase 2 ESAs from commissioning through completion. Link findings, recommendations, and follow-up actions to each property record.
Centralize ESA reports, lab results, correspondence, and regulatory filings in one place per property. Generate a complete due diligence package for any deal in minutes.
NVES automatically flags properties with contamination indicators based on ESA findings and lab data. Red/amber/green status across your portfolio so nothing slips through.
Every document upload, status change, and decision point is logged with timestamps. Demonstrate to lenders and insurers that your environmental due diligence was thorough and documented.
"We acquire 15-20 properties per year. NVES flagged contamination on a brownfield site during due diligence that the seller's Phase 1 had missed. We renegotiated the price by $1.8M. The platform paid for itself on that single deal."
Real estate developers and investors across Canada use NVES to de-risk acquisitions, track remediation, and maintain audit-ready environmental records.