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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.

2011 RealShare Apartments – Multifamily is Rockin’ and Rolling

The 2011 RealShare Apartments conference was a huge success with a noticeable increase in attendance and palpable optimism.  The multifamily market is booming, and signs indicate it will continue to do well for the foreseeable future. Multifamily Success Factors Optimism for the multifamily market stems from some significant trends tied to the bad economy, including:…

Grace and Diplomacy are Part of Quality

Entry by JoeDerhake Entry When doing environmental due diligence in support of an acquisition, we are a small but sometimes very important part of a larger process.  While our fee is modest, we are often supporting a very high dollar transaction.  Occasionally we find ourselves center stage at the negotiating table.  Maybe our Phase I…

ICSC Western Division Conference – Blackout in San Diego

The ICSC Western Division 2011 conference was full of energy – until that energy went out. Literally.  The San Diego blackout on September 8th took the entire ICSC conference off the grid (not to mention the real damage done to the city, including sewage leaks and environmental damage). So, what do you do when a…

Property Condition Reports, a Comprehensive Overview

The Property Condition Report is a due diligence tool that helps buyers and lenders of real estate to understand the condition of the asset they are buying.   The most important section of the Property Condition Report is the Immediate Repairs table and the Replacement Reserves Table, where we express to the report user the capital…

EDR ScoreKeeper – 2011 Trends in Phase I Environmental Site Assessments

I noticed in EDR ScoreKeeper’s Q1 2011 and Q2 2011 report that big consulting firms are growing at a larger rate than small firms.  Apparently lenders and real estate investors are increasingly choosing larger firms for their Phase I Environmental Site Assessments.   I spoke with two national lenders who said that they were trying to…

Construction Progress Monitoring

Construction Progress Monitoring can save a lender and a borrower money, especially when instituted on the front end of a construction project.  It is in some cases required by the lender.  When lending money to borrowers for purposes of construction, lenders don’t write the borrower a check for the entire amount up front.  The money…

Environmental Due Diligence for Loan Work Outs

For lenders, conducting the appropriate level of pre-foreclosure environmental due diligence is crucial to managing the risk of lender-owned real estate portfolios.  Though the economy is on a tenuous path to recovery, commercial real estate foreclosures persist.  Lenders may be dealing with foreclosure backlogs for years to come. Partner’s Amy Rudegeair co-authored an award-winning article…

USDA Rural Development Due Diligence

USDA Rural Development Loan due diligence

Green Property Condition Assessment

Green Property Condition Assessments make dollars and sense.