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Welcome to the Commercial Real Estate Expert Blog! A host of industry leading real estate professionals, lawyers, and consultants providing the latest in real estate relevant news and advice.

Appraisal | Commercial Real Estate Education | Engineering Due Diligence | Legal | Real Estate

Are We in the Zone? What You Need to Know about Zoning for Commercial Real Estate Deals

Posted on by Kelly Javier

Zoning is a major factor in any real estate transaction. It determines how a parcel of land can or can’t be used and allows communities to control property values and ensure safe land use. Zoning rules and regulations are divided into two categories, these being land use requirements and ordinance-based requirements. The intricacies of zoning…

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Environmental Due Diligence

What to Do If Your Phase I ESA Has Environmental Concerns: Alternative Approaches

Posted on by Kelly Javier

In compliance with the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) of 1980, most commercial real estate sales include a Phase I Environmental Site Assessment (ESA) to identify environmental concerns at the site. This act of environmental due diligence allows property stakeholders to determine if there are any liability concerns of which they should…

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Commercial Real Estate Education | Compliance | Engineering Due Diligence | Real Estate

Understanding ADA Requirements for Historic Properties

Posted on by Kelly Javier

The passing of the Americans With Disabilities Act (ADA) made access to places of public accommodation a civil right and is applicable to all properties, regardless of age or status as a ‘historic property.’ In other words, all places of public accommodation must remove barriers where feasible with no exclusions or exemptions. However, some historic…

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Commercial Real Estate Finance | Environmental Due Diligence

Remediation: Not As Scary As It Seems

Posted on by Kelly Javier

Environmental remediation, or a Phase III Environmental Site Assessment (ESA), is a potential sink for time and money at project sites. Fortunately, steps can be taken to ease the process of remediating contamination while keeping project timelines and budgets on track. Phase III ESAs take place if, after an initial Phase I ESA assessment and…

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Uncategorized

PCAs With a Twist

Posted on by Kelly Javier

Property Condition Assessments (PCAs) are a standard component of most real estate transactions. These assessments allow for the evaluation of assets and their condition, including immediate and future upkeep requirements. Lenders, buyers, property managers, and developers alike can benefit from the completion of general PCAs. Lenders and property managers can use PCAs to keep track…

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Building Experts | Commercial Real Estate Education | Construction | Engineering Due Diligence | Environmental Due Diligence

How a Geologic Review Can Avoid Costly Issues during Construction Projects and Transactions

Posted on by Kelly Javier

How can geologic reviews or geotechnical investigations save you money?

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Commercial Real Estate Education | Engineering Due Diligence | Fannie Mae | Freddie Mac/Fannie Mae | HUD | SBA

Why PCAs are a Valuable Tool for Investors and Lenders

Posted on by Kelly Javier

A Property Condition Assessment is used by lenders and investors to help determine the risk associated with an asset.

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Building Experts | Commercial Real Estate Education | Engineering Due Diligence | Real Estate

A closer look at the new ASTM E2018-15 Standard Guide for Property Condition Assessments

Posted on by S. Ira Grossman

ASTM has updated it A2018-15 Standard Guide for Property Condition Assessments. What were the key changes?

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Environmental Due Diligence

Due Diligence in the Purchase and Sale of a Hotel Property

Posted on by Kelly Javier

In the transaction for the sale or purchase of a hotel, both the seller and buyer will usually have divergent due diligence concerns.  The buyer typically wants full disclosure and broad representations and warranties from the seller while the seller wants to limit its risks, convey the property “as is” and make only limited representations…

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